One Person Company
A One Person Company is a company with a single member.It was introduced by the Companies Act, 2013. OPC extends the concept of limited liability to a company run by a single person. It is similar in respects to a private limited company with certain differences like fewer compliances and relaxation of certain restrictions. Thus, an OPC is subject to all the provisions of the Act like a private limited company unless expressly excluded.
OPC Registration can be done through Startupkaro in Bhilai, Durg, Raipur, Rajanandgaon and all other Chhattisgarh State cities.
Startup Karo – We are the group of professionals having expertise in registration of One Person Company and always keen to help entrepreneurs in decision making and skill analyzing as regards choosing constitution of business.
If you want to know more about Proprietoship Registration Services or seek any advice from our experts, then just call the below given number
Advantages & BenefitsWhy to register One Person Company
Easy to Start
- Less compliance than other Class of Companies
- Cost Effective
- Complete control over Business
Private limited benefits
- Perpetual succession
- Limited Liability
- Easily transferable
- Separate legal entity
Company law Exemption
- Minimum No of Director & shareholder is only 1
- No requirement to hold General Meeting
- Only 1 board meeting requirement in each half calendar year
- Less Annual Compliance compared to other class of companies
Documents and Information Required for One Person Company Registration
Identity Proof of Director & Nominee Director
Copy of Passport/Driving License/Voter Identity Card of Director or Nominee Director
Address Proof of Directors & Nominee Director
Copy of Latest Electricity Bill /Bank Passbook Statement
Copy of PAN Card and Aadhar Card
Address Proof of Registered Office
Rental Agreement or Sale Deed and Copy of Electricity Bill, Property Tax Receipt and No objection Latter from owner for Use of Premises as Registered office.
OPC registration with 1 DSC, 1 DIN, 1 RUN Name Approval, 1 lakh authorised capital, incorporation fee and stamp duty*, incorporation certificate, Share Certificate PAN, TAN, GST Registration. Inclusive of all government fee and taxes.
OPC registration with 1 DSC, 1 DIN, 1 RUN Name Approval, 5 lakh authorised capital, incorporation fee and stamp duty*, PAN, TAN, share certificates and GST registration. Inclusive of all government fee and taxes.
OPC registration with 1 DSC, 1 DIN, 1 RUN Name Approval, 5 lakh authorised capital, incorporation fee and stamp duty*, PAN, TAN, share certificates, GST registration, and Trademark Registration. Inclusive of all government fee and taxes.
- Startup India DIPP Registration
- Udyog Aadhar Registration
- Zero Balance Current Account Opening Support
- Business Mentorship
Procedure For OPC Registration
Complete our OPC Form
You are required to fill your details in our simple online questionnaire.
Obtain DSC and DIN for Director of OPC
Then, we shall obtain DSC and DIN for directors and apply for name approval of OPC.
Verification and Name Approval of OPC
Details provided by you for OPC registration will be verified by our experts.
Apply for the COI of OPC
We will apply for and obtain certificate of incorporation for OPC and then apply for TAN and PAN.
Your OPC is now Ready
Once your OPC is registered, we will intimate you about the same.
Sample of Documents
OPC Registration FAQs
How long is the incorporation of the Company valid for?
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.
What is a Digital Signature Certificate?
A Digital Signature establishes the identity of the sender or signee electronically while filing documents through the Internet. The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some of the application documents using their Digital Signature. Hence, a Digital Signature is required for all Directors of a proposed Company.
What is Director Identification Number (DIN)?
Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.
What is authorized capital fee?
Authorized capital of a Company is the amount of shares a company can issue to it shareholders. Companies have to pay the Government an authorized capital fee to issue shares in a Company. Companies have to pay authorized capital fee for a minimum of Rs.1 lakh.
How many people are required to incorporate a One Person Company?
To incorporate a One Person Company, a Director and a nominee is required. A nominee member is one, who shall, in the event of promoter member`s death or incapacitation become a member of the Company.
What are the requirements to be a Director or Nominee in a OPC?
Only a natural person who is an Indian citizen and a resident in India is eligible to incorporate a One Person Company or be a nominee member. The Director or Nominee must also be over 18 years of age. A person can incorporate upto five One Person Companies.
What is the capital required to start a One Person Company?
One Person Company can be started with any amount of capital. However, fee must be paid to the Government for issuing a minimum of shares worth Rs.1 lakh [Authorized Capital Fee] during the incorporation of the OPC. There is no requirement to show proof of capital invested during the incorporation process.
Is an office required for starting a One Person Company?
An address in India where the registered office of the One Person Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
Do I have to be present in person to incorporate a One Person Company?
No, you will not have to be present at our office or appear at any office for the incorporation of a One Person Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.
What are the documents required for incorporation?
Identity proof and address proof is mandatory for all the proposed Director and Nominee of the One Person Company. PAN Card is mandatory. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.
How long will it take to incorporate a One Person Company?
Startupkaro can incorporate a One Person Company in 7-15 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.
What do I need to quickly incorporate my One Person Company?
To incorporate a One Person Company quickly, make sure the proposed name of the Company is very unique. Names that are similar to an existing company / limited liability partnership/trademark can be rejected and additional time will be required for resubmission of names.
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