Let's Grow Your Business With Us
Get started with your solo business through OPC Registration in India and enjoy a host of benefits like limited liability, less compliances, better management and a good corporate image.
(Simple & Clear Pricing. No Hidden Charges)
(All you need to know)
One Person Company (OPC) is a company incorporated by a single person. As per Section 2(62) of the Company’s Act 2013, a company is formed with 1 member. There is a minimum requirement of minimum one director and a maximum of 15. The member and the director can be the same person or different persons. It is a form of a company where the compliance requirements are lesser than that of a private company. The director and member can be the same person. In simple words, ONE PERSON COMPANY (OPC) is a corporate form of sole proprietorship firm. Thus, one person company means an individual who is a resident can incorporate his/her business that has the features of a company with some benefits of a sole proprietorship.
Incorporated with only 1 member.
Minimum 1 Director is required. The Member can be director.
There is a minimum requirement of one nominee. Written consent of the nominee is mandatory.
Separate Legal Entity :- The director’s and the company’s assets are considered different. The personal assets of the directors are not used to pay the debts of the company. It protects the liability.
More credibility :- As the company is registered with the Ministry of Corporate Affairs it has more credibility with the stakeholders. It helps in the expansion of the business.
Perpetual succession :- Even if the director resigns or there is any change, the company
continues.
Following Documents are required for OPC Registration:-
Taxtorium can help you in obtaining OPC Registration in India. All you need to do is place an online order with us and we shall help you start your one person company in no time. Your order shall be processed by our highly qualified team who shall ensure that the best quality services are provided to you. As mentioned earlier, our process of opc registration is completely online so there is no need for you to visit our office. Please do contact us for any clarifications you need.
The following documents are required to obtain the Digital Signature Certificate for the proposed member for which the following documents need to be submitted:
1. Address proof
2. Aadhar Card
3. PAN Card
4. Photo
5. Email Id
6. Phone Number
We can apply for two proposed names and one Resubmission while Reserving Unique Names for companies through the RUN web service. In case the name gets rejected after resubmission, a fresh application is needed to be made. An approved name is valid for a period of 20 days from the date of approval, for a new company.
Note :- It is to be noted that reservation of name and application for DIN are available with the Form No. INC-32 also.
For Incorporation Form INC. 32 is to be filed with the Registrar which contains the following :
It is a unique identification number of the director issued by the Registrar of the companies (ROC) for becoming a director in India. If the proposed director already has an approved DIN then that will be used and if the proposed director does not have an approved DIN then DIN will be approved simultaneously with Registration of company.
On verifying the Registrar of Companies will issue the Certificate of Incorporation and the business can be commenced.
Call us at: +91 820 956 9514 or
Email us: info@taxtorium.com
How is an OPC different from a Private Limited Company?
Unlike a Private Limited Company, this single company registration of a single owner doesn’t need a minimum of two directors.
What are the benefits of registering a One Person Company?
After the online registration of a One Person Company in India, there are the following benefits that can be enjoyed:
Limited Liability :- As the business entity is a company, the entrepreneurs have their assets protected from the failings of the company.
Separate Legal Entity :- An OPC Company is a separate legal entity from the owner.
Less Number of Compliances :- For a One Person Company, the number of compliances is less.
Who can become a member of One Person Company?
Any individual/organization can become a member of One person company including foreigners/NRI’s.
How much capital is required to begin with OPC Company?
The least capital demand is Rs. 1 Lakh but this amount vary from your investment. Authorised capital and investment are not the same in OPC Company. You can invest as much as you want to but when you need to incorporate a company professionally, it has to be begun with Rs.1 Lakh as capital.
What is a nomination in OPC Registration?
An OPC can be inherited by the nominee of the shareholder after his death or departure. Every successive shareholder of the OPC must choose a nominee immediately after he holds the ownership of the OPC. No individual can be appointed as a nominee, unless he gives his consent to act as one. The consent of the nominee along with his notice of appointment must intimated to the Registrar of Companies in Form INC 3.
What is the liability of the owner of an OPC?
Limited Liability implies that the owner or shareholder of the OPC is not personally liable to pay off the debts and liabilities of the business. Moreover, his liability towards the business extends only upto the unpaid amount of the capital he has subscribed to.
What is the requirement of the NOC and what is its prescribed format?
Before a One Person Company occupies any premises as its registered address, a no objection certificate must be obtained from its owner. While filing the application for OPC Pvt Ltd registration, you are required to submit the NOC issued by the owner.
We have packages starting Rs. 6499/-
