One Person Company(OPC) Registration

One Person Company(OPC) Registration

Ideal business structure for Small and Medium sized
Enterprises Run by One Person (Just Single Individual)

Interested For Seperate legal Entity

Limited Liability Benefit Available

At Best Price

*Condition Apply

(Takes 7-15 days)

One Person Company

About :-

As the Name Define it, One Person Company is a company formed by a single person. In India, One person Copany (OPC) Concept Introduced by the Ministry of Corporate Affairs in the companies Act 2013, earlier it was not possible to start single individual. A One Person Company, is a type of privately held very small business entity. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. This type of business entity limits owner liability to their shares, limits the number of shareholders to one, and restricts shareholders from publicly trading shares.

A OPC having Few Limitations for Instance, every OPC must nominate a nominee Director in MOA & AOA of the company who will became the owner of the company in case of Sole Director is Disabled. OPC must be converted into Private Company if it Cross the annual Turnover of Rs 2 Cores and must file audited financial Statements with the ROC.

Features:-

  • Start by Single Person
  • The Liability of Person/Shareholder is Limited to its Share Capital.
  • Perpetual life of the company
  • Only one director & One Nominee Required for the same.
  • Its Mandate to use the word OPC Private Limited After its Name.
  • Creditability of business in the Society.

Advantage:-

  • Limited Liability
  • Seperate Legal Entity
  • Perpertual Succession
  • Owing Ownership
  • Esay business Transfer Process
  • Dual relationship
  • Borrowing Power
  • Capacity to Sue and be Sued

Required Documents for Registration:-

  • Copy of PAN Card of Nominee & Director
  • Copy Of Aadhaar card
  • Passport
  • Email ID & Phone No. of Director/Shareholder/Nominee
  • Address proof of directors (Any one of Electricity Bill/Bank Statement/Landline bill/Mobile bill(not Older than 1 months)
  • Photo ID proof of Director ( Any one of Voter Id/Passport/Driving License)
  • Passport Size Photo
  • Ownership Proof (Electricity Bill, Gas bill, Electricity Bill, Mobile Bill)
  • Rent agreement of your registered office
  • No objection certificate from the owner of the property of the property
  • Specimen signature
  • Self declaration about your Directorship in other companies

Registration Process:-

  • Select Two-Three Names as per Name Guidelines for Proposed Company.
    • While Selecting Names Carefully Check Name not Resemble with any Trademark in that Particular Class of Business.
      • Apply Run & Get Approval for the name of the Proposed Company.
        • Get the DSC (Digital Signature Certificate) of the All Directors & Shareholders of the Company.
        • Prepare & Arrange All Documents as Required to Submit.
        • File Documents in Froms SPICe+, e-MOA, e-AOA, Agile-Pro.
        • Within 2-4 Working Days After Sucessful Submission you will get Incorporation Certificate. (Except in Case of Re-Submission)
        • After Incoporation, Compnay Will have to Complied with the Requiremnet of Allotment of Share Capital, Issuance of Share Certificate, Deposit of Stamp Duty on Share Capital, Appointment of First Auditors (ADT-1), Intimation to ROC For Commencement of Business (Form-20A). Also Board must Meet Regular Intervals.(At Least Two Meet During One Year).

        On 15.02.2020 Govt has taken another Important Step towards Ease of Doing Business, Now You Will Get Incorporation Certificate, Pan, EPF, ESIC, Professional Tax Registration, Opening of Bank Account at the time of Incorporation of Company.

        Note:- As per Press Release of Ministry of Labour & Employment Dated 06 Mar 2020 "The above new companies will have to comply with the provisions of EPF & MPAct, 1952, and ESI Act, 1948 when they cross the threshold limit of employment under the respective Acts."

        Regular Compliance:-

        All One Peron Company have to file Mainly these forms Regularly in Every Financial Year.

        ADT-1:- Intimation to the Registrar by the company for appointment of auditor within 15 Days of Every Appointment.

        AOC-4:- Required to Filing of Financial Statements for each financial year with the Registrar of Companies (ROC). This Form Shall be File within 180 Days form the End of Financial Year.

        MGT-7:- Required to Filing of Annual Return by Every Company. This Form Shall be File within 60 Days form the Date of Annual General Meeting(AGM).