Address : Casaheb,
- B-4 Spaze It Park, Sohna Road, Gurgaon, Haryana, 122018
- Phone +91-9717076556
- anup@casaheb.in
One Person Company Registration
- Certificate of Incorporation
- PAN & TAN
- Affordable Price
- Free Lifetime Consultations
Procedure for OPC Registration
1
Fill Out the OPC Registration Form
Complete all sections of the application form for your
One Person Company (OPC) registration.
2
Submit Relevant Documents
Provide the necessary documents as requested to support
your OPC registration.
4
Application Process Management
Our executive will handle the entire application process
for your One Person Company Registration.
5
Receive Certificate by Mail
Once the registration is complete, we will send you the
Certificate of OPC Registration via mail.
What is a One Person Company (OPC)?
In 2013, the Companies Act, 2013 introduced the innovative
concept of a 'One Person Company (OPC)', offering a unique
avenue for aspiring entrepreneurs. This model allows
individuals to establish a business on their own, creating a
single-person economic entity. An OPC is essentially an
enhancement of a sole proprietorship.
In this structure, a single promoter holds complete control
over the company, minimizing their liability for contributions
to the enterprise. Although a director nominee is designated,
their authority is inactive unless the primary director
becomes unable to continue. As per Section 2 (62) of the
Companies Act 2013, a company can be formed with only one
director and one member. One Person Company Registration in
India involves fewer compliance requirements compared to other
company types, making it easier to manage since it is operated
by a single person. For entrepreneurs seeking a distinctive
path to success, registering as an OPC in India is a favorable
option.
Types of OPC
- OPC limited with Guarantee
- OPC limited with Share Capital
- OPC Unlimited Company
OPC Company Registration Documents
For the One Person Company Registration Process, each potential partner needs to provide:
Self-attested PAN Card:
Submit a self-attested copy of each partner's PAN card.
Self-attested Address Proof:
Include a self-attested address proof with the partner's
name as per official records. Acceptable documents for
Indian citizens are self-attested passports, election cards
or voter IDs, Aadhaar cards, or any other valid identity
verification.
Ownership Proof (Self-Attested):
Provide self-attested proof of ownership, such as the most
recent utility bills (Electricity, Telephone, Gas, Mobile)
from the company's location, dated within the last two
months.
Two Passport-size Photos:
Include the most recent two passport-size photos of each
partner.
Bank Statements:
All directors and members are required to furnish the latest
two months' bank statements as part of the documentation for
One Person Company Registration.
Registration Criteria for OPC Companies
Single Shareholder and Director:
Only one shareholder and one director are permissible for an
OPC. The director must be an Indian citizen.
No Minimum Capital Requirement:
No mandatory minimum capital is needed for One Person
Company Registration.
No Continued Existence:
OPCs do not allow continued existence, distinguishing them
from other business structures.
Private Limited Companies Registration Process
Step 1:
Initiate the OPC Company name reservation process using the
RUN application through Spice PART A form on the MCA portal.
Step 2:
Select a distinctive name for the OPC Company and conduct a
name search.
Step 3:
Await MCA's approval or rejection of the name reservation
request, which typically takes 3-4 days.
Step 4:
Upon name approval, MCA will issue a name permission letter,
and the firm must be registered within 20 days.
Step 5:
To extend the registration grace period, an additional fee
must be paid before the 20-day limit expires.
Step 6:
Incur additional costs for obtaining the Digital Signature
Certificate (DSC) and Director Identification Number (DIN)
for the company's directors.
Step 7:
Electronically draft the Memorandum of Association (MOA) and
Articles of Association (AOA) using SPICE PART B.
Step 8:
Submit an online application for the formation of the OPC
Company.
Step 9:
The Ministry of Corporate Affairs will assess the
application.
Step 10:
Upon successful formation, the MCA will issue a Certificate
of Incorporation, PAN, and TAN for the OPC Company.
Benefits of OPC Registration
The One Person Company (OPC) stands as the exclusive
corporate entity in India, uniquely designed for single
promoters, providing limited liability protection, ensuring
perpetual existence, and enabling easy ownership
transferability.
In case of the original director's incapacity or demise, the
sole owner of the OPC can nominate another Indian resident
to take charge.
An incorporated OPC enjoys "perpetual succession,"
persisting until legally dissolved. The company's legal
existence remains unaffected by the departure or death of
its members, maintaining continuity despite changes in
ownership.
Ownership transfer in an OPC is facilitated through
modifications in the nominee director's details,
shareholding, or directorship, as well as the signing,
filing, and transfer of share certificates and forms.
Annual audits enhance credibility, making OPCs favorable for
securing funding from venture capital, financial
institutions, and angel investors.
OPCs, being corporations, enjoy advantages such as the
ability to acquire, own, and alienate property, with the
nominee director representing ownership interests.
OPC registration involves fewer and reasonable compliances,
providing simplicity and efficiency.
In OPC, only the company's investment is at risk,
safeguarding directors' personal assets from business debts
due to the corporate structure.
The simplicity in documentation makes selling an OPC
straightforward.
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