One Person Company Registration
Register One Person Company (OPC Registration) online in India within 7 days with the help of our professionals. Enjoy simple processing, fast Incorporation, Bank account opening, and, best of all, no hidden fees.
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Give shape to your business idea. Our professionals can help you in online company registration. Just provide the documents. We will deliver all legal papers including the company's current bank account.
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What is a One Person Company?
A One Person Company (OPC) is formed when only one person serves as both the director and the shareholder of the business. Under the provisions of the Companies Act of 2013, this concept was introduced for the first time. Furthermore, an OPC is a type of sole proprietorship firm in the form of a corporation that gives a single person ultimate authority over a business while limiting his liabilities and responsibilities.
Furthermore, a company with only one person as its director and member shall be classified as a One Person Company (OPC) under section 2 (62) of the Companies Act, 2013.
A company can be formed with just one Director and one member, according to Section 2 (62) of the Company’s Act 2013. In India, One Person Company registration is a type of entity with fewer compliance requirements than a Private Limited Company.
It’s A Type Of Company Incorporation That Give Firms A Legal Personality Independent From Its Owners, Directors And Shareholders. As A Result, Crucial Services Such As The Capacity To Contract In Its Name And The Protection Of The Owner’s Personal Assets From Company Obligations Are Provided.
How do I Register One Person Company (OPC Registration)?
Registering a one person company is simple and affordable through E-StartupIndia professionals.
Unlike private limited companies, you do not need to arrange two or more people for company directorship. You can incorporate one person’s company alone without shaking hands with another person.
Registering One Person Company is quick, simple, and can be done online with few easy steps:
Step 1: Consult our advisors who will guide you through checking eligibility and documents requirement
Step 2: Our team will assist you find unique company name available on MCA records
Step 3: We assist you applying for DSC & DIN of the director
Step 4: Our professionals shall prepare all necessary ROC forms such as MOA, AOA, Spice , DIR, COB, etc) and file before Ministry of Corporate Affairs [MCA]
Step 5: Deliver you Certificate of Incorporation, PAN, TAN and all other necessary documents
Why Choose One Person Company Registration?
One Person Company Registration provides various benefits beyond sole proprietor firm. The legitimacy of your business firm is enhanced by having a registered company under MCA. It assists your business in the following ways:
- A single owner can incorporate company
- Unlike Sole proprietor firm, Your company name is secure and can not be copied by others
- Less compliances
- Limited liabilities of its director
- Suitable for Banking loans, credits
- Less Income Tax Rate as compare to sole proprietor
- No intervention from any third person can be involved
- Ownership easily transferable to nominee in case of death of owner
Eligibility for One Person Company Registration
- Indian Citizenship
The Director / Shareholder of the company must be an Indian citizen and a resident of India. NRI or Foreign Nationals can not do OPC registration in India.
- Attend Majority Age
Before One Person Company registration, the owner must attend the age of 21. Minor can not operate as its member.
- Appoint Nominee
During the OPC Incorporation, the promoter must choose and provide KYC details of a nominee.
- Minimum Capital
One person company does not require any minimum capital. You can incorporate an OPC by Rs.1/- paid up capital. However, an OPC must be registered with a minimum authorized capital of Rs. 1 Lakh.
- Unique Company Name
Your company’s name must be distinct and unique. The suggested company name should not be similar to any existing registered Indian companies or trademarks
Advantages of One Person Company Registration
There are various reasons to register your business as One Person Company:
- There are various reasons to register your business as One Person Company:
- Director’s Personal Assets Have Limited Liability Protection
- Easy to raise loans and overdraft limits with a better image and reputation in the market
- No involvement of outsider third party
- Comparatively low income tax rate compare to sole proprietor firm
- When compared to other corporate forms of business, compliance is lesser
Documents Required for OPC Registration
Document of the Company’ Director
1. Photo
2. PAN
3. Aadhar
4. Address Proof*
5. Proof of Identity**
Proof of the Company’s Registered Office Address
1. Latest electricity bill
OR
any other utility bill in the name of the owner
2. Rent agreement b/w owner & company promoter
OR
NOC from Owner (if owner is the company’s promoter)
*For Address Proof: Bank Statement, Electricity Bill, Telephone Bill, Mobile Bill. (Anyone, not older than 2 months).
**For Proof of Identity: Driving License, Voter ID card, Passport (Anyone).
Step-by-Step Process for Online One Person Company [OPC] Registration
The entire process, including the approval of the DIN, company name, and incorporation, takes roughly 7-10 working days. However, creating an OPC company is now a quick process, which allows all paperwork to be loaded into a single online platform. Our professionals will guide you through the entire process of OPC Registration.
DAY 1
1. Verify eligibility and documents
2. Apply for DSC & DIN of the director
DAY 2 – 3
1. Apply for company name reservation
3. Draft Business Objectives
4. Prepare Company incorporation documents such as MoA, AoA, DIR & others
5. Share with you for approval.
DAY 4 – 5
1. File Spice+ form for company incorporation
2. File for Company registration forms
3. Apply for PAN and TAN of OPC
DAY 6 – 10
1. Wait for application processing at Government [MCA] level
2. RoC allots a certificate of incorporation with a PAN and TAN
3. Assist you in opening Company Current bank account
How can we help in One Person Company Registration?
We have a preeminent team of professionals capable of providing a hassle-free and error-free Online Company Registration Service in India.
Since 2014, our professionals have been daily performing One Person Company Registration and keeping up to date with MCA’s new registration procedures. As a result, we are able to offer you the finest company incorporation service align with MCA functionality.
We will render you full fledge company incorporation document kit at the end of delivery of the One Person Company Registration services which includes:
- Certificate of Incorporation
- Commencement of Business Certificate
- Directors identification number for 1 director
- Company’s PAN and TAN
- Digital Signature for 1 Director
- MOA/AOA of the company
- ROC Registration Fees Challan
It’s not over yet! After that, we’ll assist you with opening a current account with ICICI Bank so you can stop dealing with bank representatives demanding repetitive documents.
And set you free to kickstart your dream business.
INBOX NOW COMPLETE LIST OF DOCUMENT REQUIRED
Types of Company Registration
COMPARISON
- Regulate by Act
- Equity Funding
- Taxation
- Number of Shareholders
- Separate Legal Entity
- Limited Liability
- Statutory Audit
- Statutory Compliances
- Foreign Participation / Investment
Recommended for
PRIVATE LIMITED COMPANY
- Companies Act 2013
- Easily Possible
- 26%
- Minimum 2 Maximum 200
- Yes
- Yes
- Mandatory
- Moderate
- Allowed
Startups
ONE PERSON COMPANY
- Companies Act 2013
- Not Possible
- 26%
- Only one
- Yes
- Yes
- Mandatory
- Moderate
- Not Allowed
Sole Proprietor
LIMITED LIABILITY PARTNERSHIP
- Limited Liability Act, 2008
- Possible, but unlikely
- 31.2%
- Minimum 2 Maximum - Unlimited
- Yes
- Yes
- If turnover exceed Rs.40 Lakhs
- Less
- Allowed
Professionals [CA, Architect, Agencies, Consultant, etc]
Plans And Pakeges
Basic
Rs.8500
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- (2 Indian Directors, 2 Shareholders and Authorised Capital of Rs. 1,00,000)
Standard
Rs. 10500
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- GST Registration
- Documentation Kit
Premium
Rs. 16500
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- GST Registration
- Documentation Kit
- Website**
- Online Payment Gateway
- (2 Indian Directors, 2 Shareholders, and Authorised Capital of Rs. 1,00,000)
Why Incorpadvisor Group
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1500+ Startup & SMEs Served Across India
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Record of Highest Company & Trademark Registration
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Frequently Asked Questions
Q. What is OPC?
One Person Company is basically a private ltd company in its legal structure and a perfect alternative of an unregistered sole proprietorship firm
Q. Can I solely start my own company?
Yes, the concept of OPC is to promote an individual who wants to start a business on his own along with the shield of private ltd company
Q. What will be the registration proof of the company?
Certificate of Incorporation is the final registration proof of one person company
Q. On demise of owner of OPC who will be liable to run the business?
At the initial stage of OPC incorporation, we will file nominee details with ROC and at the event of demise, the ownership shall be transferred to such nominee.
Q. How many directors can be there in one person company?
Minimum 1 director is required to incorporate a one person company and maximum 15 directors can be there in a one-person company
Q. Who can be a director of a company?
Any person who attends the age of 18 can be a director of the company
Q. Is there any address proof required/mandatory for one person company?
Yes to incorporate your one person company latest utility bill along with NOC from property owner in favor of company is required
Q. What is a DSC?
DSC stands for Digital Signature Certificate. It is basically a pen drive containing your signature in a digital form and is password protected.It is mandatorily required to sign the various incorporation applications by directors and shareholders digitally. It is only issued by government authorized agencies.
Q. What are MOA and AOA?
MOA and AOA are charter documents of the company. It defines the business objectives and rules & regulations of the company. It is drafted by our professionals and delivers to you along with Certificate of incorporation
Q. Do you provide this service in my town?
Yes Incorpadvisor is an online platform serving all over India no matters wherever you are doing business all you need is internet connection on your mobile or desktop and we are ready to get your job done
Q. Do I need to physically present for the process?
No, You don’t need to be physically present for the process, Incorpadvisor is an online catering platform all you need is internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at remotest location of the India
Q. Can an individual simultaneously be a director of 2 OPCs?
No. As per the Company’s Act 2013, only one OPC can exist against the name of a single director.
Still have questions?
I you can’t find answers to your questions in our FAQ section, you can always contact us. We will get back to you shortly.
