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OPC COMPANY REGISTRATION (OPC Registration)

Oner Person Company Registration (OPC Registration) is a Newest form of business in India.

Few Process steps for OPC Registration:

  • APPROVAL OF DIGITAL SIGNATURE AND DIRECTOR IDENTIFICATION NUMBER
  • eZeefiling will help you to register your Directors with MCA (Ministry of Corporate Affairs).
  • RESERVATION OF UNIQUE NAME
  • eZeefiling will help you pick unique name and help to register the Name with MCA.
  • DRAFTING OF MOA/AOA
  • eZeefiling will draft your Company’s MOA and AOA for OPC Registration.
  • CERTIFICATE OF INCORPORATION
  • eZeefiling will register you company with MCA.
  • GETTING PAN AND TAN NUMBER
  • eZeefiling will help you get a Company Pan and Tan.

Done!! Company is ready to do business.

2,999.00

One Person CompanyRegistration

One Person Company Registration is new concept in india. One Person Company Registration is blessing for entrepreneurs who on their own are capable of starting a business. There can be only one, natural person resident of India who can be the member of OPC Registration. As the name itself suggests it is a company which is owned by one single person. However, a nominee needs to be nominated in OPC Registration. OPC Registration can be formed with Minimum two Directors and maximum 15 directors. One Person Company Registration offers various benefits as compare to private limited in terms of filing of Compliances.

A Person who registers one Person Company, is not eligible to register more than OPC.

If you are the independent entrepreneur types and want to register your business without involving any other person, then choosing One Person Company Registration will be the right thing to do.

Requirements for One Person Company Registration (OPC Registration)

As per MCA for One Person Company Registration in India, the below conditions have to be met.

One Director:

One person is required to start OPC Company in India. These companies shall have minimum one director. The same person can also become shareholder and director. In One Person Company Registration (OPC Registration), Director may different from shareholders.

No Minimum Capital:

No minimum capital is required. However, A OPC Company should have minimum authorized share capital of at least Rs. 1 lakh.

One Resident Director:

Among two directors, one director must be resident Indian. Resident Indian means a person who have spent 182 days or more of a financial year in India.

Unique Name:

The name of the Company should be unique and should not be similar to the any existing company name or trademark.

Documents for One Person Company Registration (OPC Registration)

Identity Proof of Directors and Shareholders

  • Copy of Pan Card of Director/Nominee of Director (Mandatory)
  • Passport Size of Photograph of Director/Nominee of Director
  • Identity Proof: any one of: Voter id card, Driving License, Passport

Address Proof of Directors and Shareholders

  • Any one of: Bank Statement, Electricity Bill, Mobile Bill (not older than 2 months)

Proof of Registered office:

  • Conveyance/ Lease deed/Rent Agreement etc. along with rent receipts (any one)
  • Copy of the utility bills (Telephone/Gas/Electricity bill) (not older than two months) (any one)
  • NOC from Landlord

DOOR STEP TRUST BOX FOR YOU

  • Director Identification Number
  • Digital Signature Token
  • 1 Run Form Name Approval
  • eMoA/eAoA- Memorandum/Article of Association
  • Certificate of Incorporation (COI)
  • Company Pan Number
  • Company Tan Number
  • Assistance for Domain and Website Developments

Benefits of One Person Company Registration (OPC Registration)

One Person Company Registration (OPC Registration) has various benefits as compared to Companies. Only one person required for One Person Company Registration (OPC Registration).

Individual Entrepreneurship:

OPC gives the individual entrepreneurs all the benefits of a company, which means they will get credit, bank loans, access to market, limited liability, and legal protection available to companies.

Opportunities for small businessmen:

OPC would provide tremendous opportunities for small businessmen and traders, including those working in areas like handloom, handicrafts and pottery. Large Companies prefer to deal with private limited Companies or One person Company instead of Propreitorship.

Less Compliance:

It includes definition of Private Limited Company. However, The amount of compliance such company is much lesser as compared to private limited company in terms of filing returns, balance sheets, audit etc.

Limited Liability of shareholder:

The most significance reason to register OPC is desire to limited liability. Liability of shareholders of OPC Company in India are limited only up to the shares subscribed by them and should not be personally liable for the debts of the company in case company are unable to pay its liabilities.

while doing business in proprietorship, the personal assets of Individual can be at risk in the event of failure but this is not the case in OPC.

Ownership of property:

Private limited company can sale, purchase and own the property like individual.

Separate Legal Entity:

legal entity of OPC Company are separate than its shareholders/promoters. An OPC Company being incorporated entity shall also the feature of perpetual succession and will make it easier for businessman to raise money for business.

COMPARE YOUR OPTIONS


Limited Liability Partnership

Partnership Firm

Private Company

Public Company

One Person Company

Recommended for

Service Providers, Professional Service Firms, Trading Business

Family Business

Growing Startups

Ideal for Medium and Large-Scale business and allows them to raise equity capital from Public.

Independent Promoters

Registration Cost

3999/-

1999/-

2999/-

7999/-

2999/-

Limited Liability Protection

Yes

No

Yes

Yes

Yes

Statutory Compliances

Low

Low

High

Very High

High

Audit Compliance

Only if contribution more than Rs. 25 lakhs or turnover exceeds Rs. 40 Lakhs

Subject to turnover of the firm

Compulsory

Compulsory

Compulsory

Perpetual Existence

Yes

No

Yes

Yes

Yes

Tax Advantage

Yes

Minimal

Yes

Yes

Yes

FAQ'S FORONE PERSON COMPANYREGISTRATION

MCA has introduced new process for One Person Company Registration (OPC Registration), Spice+ is integrated web form. Spice+ is a fast track One Person Company Registration (OPC Registration) procedure which enables a single web form for One Person Company Registration (OPC Registration).

Through Spice+ Form, we can register in 10-12 Days.

There is no minimum Capital Contribution requirement for starting OPC Company.

The minimum number of Directors required is one. However, there can be more than one up to 15 Directors.

Yes, a NRIs and Foreign National can become Directors. They need to get a DIN from the Indian ROC. They can also be a majority shareholder in the company. Provided at least one Director on the Board of Directors should be an Indian Resident.

No, OPC Registration is a fully online process. As all forms are filed electronically. You would need to send us scanned copies of all the required documents.

eZeefiling can register a Company in 15 days. To ensure a speedy process, kindly choose a unique name as the proposed Company name and also ensure that you have all the required documents prior to the starting of the registration process.

These rules contain the rules, vision and mission of your organisation, and define, among other things, the exact business and the roles and responsibilities of shareholders and directors.

Yes, one can register Company at their home address. One requires to submit the utility bill copy of the same with Noc.

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