One Person Company (OPC)
What is OPC Registration?
One person company is one of the most important concepts which was introduced back in the 2013 Companies Act. It allows the entrepreneurs to carry on the business in the sole proprietor form to enter the corporate framework. It gives several opportunities to plenty of young minds. Therefore it brings young minds in front of people. Several entrepreneurs today are coming up and setting up businesses in India.
One-person company is generally a new concept, and it is seeing a big boom here. The one-person company in India will have a significant impact on economic and national development.
- The best part about OPC is that only one person is required
- Compared to other companies, OPC is easy to set up and maintain
- The sole proprietor can work like a sub-broker or a stockbroker
- Minimum compliances
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How to Register OPC?
You can now easily place the order for the registration of a one-person company as we have an easy, transparent OPC registration free calculator. You just need to submit essential details once you have placed the order with us. You can submit the details through the online questionnaire for registration.
One shareholder
You can now register the one-person company with just one person who will work as the initial shareholder. But another person can be nominated as the single shareholder nominee
Resident director
The director of the company must be an Indian resident. There must be staying in India for more than 180 days in the last financial year for this purpose; citizenship is immaterial.
Registered address
You need to submit the proof of registered office and NOC from the owner for company registration. In 60 days, the company should have its registered address even though you can register the company on the communication address if there are challenges.
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The Process For Opc Registration
Start-ups and young entrepreneurs look forward to registering as a one-person company stop as they can now easily make risky decisions without worrying about personal assets
Complete the opc form
In the simple online questionnaire. You need to complete the form and fill in the details
Get the DSC and DIN for the director of OPC
Once you complete the form, you can get the DSC and DIN for the directors and also apply for the name approval.
Verification and approval of your name
Our experts will verify all the details provided by you.
Apply for the COI of your one-person company
Our experts will apply for and obtain the certification of incorporation for one person company and then apply for the pan and tan.
FAQs
The structure of the one person company (OPC) in recent times was launched as a refinement of the structure of a sole proprietorship firm. In an OPC, a single promoter gains full authority over the company thereby, restricting his/her liability towards their contributions to the enterprise.
What are the Documents required for OPC registration?
- You need to submit a copy of your pan card.
- Don’t forget to bring the rental agreement if you are going for a rented property.
- Landlord NOC is a must; you can go through the format to submit the correct one.
- Submit your passport size photo, electricity or water bill
- Copy of your aadhaar card or voter identity card
- Copy of a property paper