Incorporating a Company as One Person Company(OPC Pvt Ltd)
OPC Pvt Ltd Company is a most popular option to start a business in India by those person who are Proprietor(Single) . OPC Pvt Ltd company is incorporated under the Companies Act of 2013, and governed by the Ministry of Corporate Affairs (MCA). It is a registered entity with separate legal identity from its owners. It have key advantages like the ability to contract in its own name, and safeguard personal assets of the owners from business liabilities and Tax advatange. This option is choosen by those people who doesn’t want any other participation in their equity.We are India’s Best Startup Consultants. Register your Business as OPC One Person Company Registration in India at Lowest Price.Get Chartered Accountants Advice at no cost.
Minimum Requirement for One Person Company Registration
1 Directors-Shareholder
It can be formed with a minimum of 1 directors/Shareholder.
1 Nominee
Minimum 1 Nominee required, It can be relative.
Registered Office
Office Address is needed. Address can be Residential or commercial.
Documents required for One Person Company Registration
Pan Card
PAN Card of Directors, Shareholder and Nominee.Foreign nationals must provide a valid passport.
Registered office Proof
Latest Electricity Bill/ Telephone Bill/Water/Gas Bill of the registered office address
Identity Proof
Aadhar card/Voter ID/Passport/DL of Shareholders/Director/Nominee
NOC from owner
No Objection Certificate to be obtained from the owner(s) of registered office
Address Proof
Latest Telephone Bill/Electricity Bill/Bank Statement /Gas/Water Bill of Shareholders and Directors
Rent Agreement
If Property is taken on Rent, then rent agreement required. Agreement must be notarized.
Photograph
Latest Passport size Color photograph of Shareholders and Directors.
For NRI
All the documents must be apostilled(if applicable) and notarized.
Our Professional Fees for OPC Registration
- DIN for 1 Directors
- Digital Signature for 1 Directors
- Upto Rs. 1,00,000 Capital
- Name approval
- MOA AOA
- Registration Certificate
- PAN & TAN
- Govt Fees Extra
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contactus@startcompanyindia.com
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+91- 955 557 1517
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FREQUENTLY ASKED QUESTIONS (FAQs)
WHAT IS THE MAIN FEATURE OF OPC?
Only 1 person can formed a company as earlier minimum 2 is required for forming a private limited company. OPC have a status of Company so it has feature of perpetual succession.Earlier there is no registration in india for proprietorship, this concept of OPC eliminate this issue.
WHAT IS THE MAIN ADVANTAGE OF OPC?
1.Minimum Compliance
2.Nominee
3.Increased Trust & Prestige
4.Only One Person can formed a Company
WHAT IS THE DISADVANTAGE OF OPC?
1.OPC can have maximum Paid up share capital of Rs.50Lakhs or Turnover of Rs.2 Crores.
2.NRIs not allowed incorporating One Person Company.
3.Requirement to appoint a nominee for incorporating a OPC.
4.One person can not incorporate more than 1 OPC and become Nominee in other OPC
WHO CAN BE NOMINEE?
Nominee is mandatory for business. Nominee can be your relative or friends etc. Minor can not become nominee.
WHAT IS MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION?
The Companies Act requires all companies formed in India to submit documents that declare the capital structure of the business, the business it is into and how it is run, owned and governed. These details are contained in the Memorandum of Association (MoA) and Articles of Association (AoA).
CAN REGISTERED OFFICE CHANGED AFTER INCORPORATION OF COMPANY
Yes, A company can change its registered office any time after the incorporation. The changed address can be situated within the same state or in a different state from the state in which it was originally registered.
HOW DO I CHOOSE NAME FOR THE COMPANY?
First ensure that company name is not similar to any other Private limited, OPC, LLP or Public limited company. Also, do check If your first is not a registered trademark taken by anybody under the IP act.Also, make sure the name is not too generic to be accepted by the ROC land also, try not to use abbreviations, adjectives.While choosing the name make sure that name should contain the objective of the business like if the objective is I then word is Technology, techno soft, IT consultancy. You can Check your company name from www.mca.gov.in
WHAT IS DIRECTOR IDENTIFICATION NUMBER (DIN)?
Any person intending to become director in a company must apply for director identification number, issued by the Ministry of Corporate Affairs. Proof of identity and address is required to be submitted along with requisite fee while submitting the application for DIN. If the documents are in order, the DIN is approved within 3-4 days. The approved DIN is valid for life and the same DIN can be used by the director, even if he/she has directorship in more than one company.
CAN A SALARIED PERSON BECOME THE DIRECTOR IN PRIVATE LIMITED COMPANY?
Yes, a salaried person can become the director in private limited company , but there should not any legal bondages with your employment agreement if it contains any restrictions on doing so.
HOW LONG IS THE PROCESS OF COMPANY REGISTRATION
The Process of Company Incorporation usually takes 15-20 working days.But some times due to extra work load of ROCs this times may be increases.
WHAT DOES IT COST TO START AND OPERATE A PRIVATE LIMITED COMPANY?
The cost of company registration can be divided into government and professional fees. With regard to government fees, each state has a fixed set of prices, but they are mostly common across India, barring Kerala, Punjab and Madhya Pradesh, where they are much higher. Professional fees can, however, vary based on the legal talent you hire to get the job done for you.Our fees included all the govt. fees and professional fees
WHETHER I NEED TO VISIT YOUR OFFICE?
No, Company Registration process is online.You doesn’t need to come office. All the documentation part can be done through courier/speed post. If you wish to come & Visit our office you can come after taking an appointment with us.