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One Person Company Registration
| Free Company Name Search | Name Reservation |
| Free Consultancy | Certificate of Incorporation |
| 1 DSC, PAN & TAN | Copy of MOA & AOA |
| DIN of 1 Directors | Share Certificates |
* Stamp duty Extra for States: Punjab, Kerala, Madhya Pradesh, Sikkim
* Package includes one time application of Name approval.
Registration in just 2 - 7 Days
No Additional Government Fees
No Govt. Fees
What is OPC Registration ?
An OPC is the most modern form of business in India proposed by the Companies Act, 2013 and understand for a-One Person Company.
A forward-thinking idea was launched which promotes the incorporation of micro-businesses and persons with entrepreneurial ideas and to give a boost to entrepreneurs who have high potential to begin their venture by permitting them to build a single person company.
You can easily register one person company under the outlines of the companies Act 2013 and the laws thereto, where it was made viable for a single person company to work as a company without the complexity of having partners. This encourages more people to come forward to commence a business. The OPC is fit for small businesses where the turnover is not likely to cross Rs. 2 Crores. IN OPC Registration it’s important to note that the nominee or the director should be Indian Resident.
OPC Registration Process
Before exploring the concept of a one person company, let us have a brief understanding of the various types of companies that can be formed. A company can be established for a lawful purpose by the following number of persons:
- Seven or more persons, in case of a public limited company.
- Two or more persons, in case of a private limited company.
- One person, in case of a one-person company.
Minimum Requirements of One Person Company
- Only One Person Required
- Resident Director
- Capital Requirement
- Unique Name of Company
These minimal requirements make the one person company registration process quite accessible, but yet, still difficult for common people.
Therefore, Impulse Advisor is here to help. We are a team of leading business experts in India. Through our One Person Company Registration process, your OPC can be started on time and your dream your solo company can be realized.
Documents of Shareholders/Directors
- Two Colour Photographs of Each Promoter
- PAN Card of Each Promoter
- Identity Proof (Voter ID / Driving License/ Passport)
- Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
Registered Address Related Documents
- Proof of Registered Office
- Utility Bill as Proof of Registered Address
- NOC From the owner of the premises
Are One Person Company and Private Limited Company similar?
To some extent, both the business formats work on the same principle. The registration procedure of OPC is very much similar to that of a Private Limited Company. The term "One Person Company" needs to be mentioned in brackets beneath the name of such company, wherever its name is printed, engraved or affixed.
What are the compliance requirements of a One Person Company?
OPC is one of the most feasible types of business formats when it comes to its management. An OPC needs to face lesser number of legal compliances as compared to Private Limited Company and Public Limited Company. For example, such companies have no need to hold Annual General Meeting (AGM).
Who can incorporate a One Person Company?
An individual who is an Indian citizen and Indian resident can choose to setup a One Person Company. There is no minimum educational requirement for such individual to become the director in company. Even he can be a shareholder of such type of company.
Is OPC registration to be revoked every year?
No. Once the company is created, it will be valid till it gets officially dissolved down by the owners. No renewal or fees is required. However, every year one man companies have to file very basic returns with ROC office.
Is there any minimum capital needed for One Person Company registration?
Not necessarily, the minimum capital is required to incorporate Guarantee Company not having share capital and in the case of company limited by shares, the minimum capital can be Rs. 10.
What is the option to choose a company name?
Primarily the name must be unique and simple. It is advisable to check on Google, MCA Portal, MCA Guidelines and Trade Mark site the availability of Name.
How long it takes to incorporate a One Person Company?
It takes around 5 to 8 days to setup a (OPC). The time to be consumed generally depends on the submission of necessary documents to respective authority and obtaining government approvals. It is suggested to pick a unique company name and furnish all required documents for speedy processing of application.
Can a One Person Company own a property in its name?
A One Person Company can choose to attain, own, enjoy and isolate property in its own name. No shareholders are eligible to make any claim upon the property of the company as long as the company is a running entity.