OPC Registration. Register One Person Company in India.
Fastest way for One Person Company, OPC Registration in India Online. BizIndiGo offers hassle-free online process for One Person Company Registration.
Services include: One DSC & DIN, Name Reservation, MOA & AOA, INC-29 Filing, Company PAN & TAN. Register your OPC now, easily through our expert associates across india.
Get Started at Rs.11,999/- Inclusive of all taxes and govt. fees
WHAT IS ONE PERSON COMPANY?
One Person Company Registration in India
The concept of One Person Company (OPC) as a new business form is introduced by the Companies Act, 2013. One Person Company is for individuals to carry on business with limited liability.This form of business entity is a Private Limited (OPC) having only one member or we can say that OPC is the preferred choice of business for startups who have only one founder.
Every OPC has to mandatorily nominate a nominee Director in the MOA or AOA who will become the owner of the OPC in case the promoter Director is disabled. An OPC must be converted into a Private Limited Company if it crosses an annual turnover of Rs.2 crores and must file audited financial statements with the Ministry of Corporate Affairs (MCA) at the end of each Financial Year.
ADVANTAGES OF ONE PERSON COMPANY
Benefits of One Person Company Registration
Separate Legal Entity
OPC is a separate legal entity distinct from its creators.
Perpetual Succession
OPC has continuous existence beyond life of promoters
Less Compliances
OPC form of company is very easy to manage. Only few filings are to be made with ROC and they are exempted from conducted Annual General Meeting. The Board Meetings can be conducted for every six months.
Limited Liability
The Directors or Shareholders of the company have no personal liabilities.
HOW TO REGISTER ONE PERSON COMPANY?
One Person Company Registration Procedure in India
OPC Registration Procedure in India is very simple. After the introduction of INC-29 form by MCA (Ministry of Corporate Affairs), registration process became more simple and faster.
One Person Company Registration Process using recently introduced INC-29 Form.
DOCUMENTS REQUIRED FOR OPC REGISTRATION
To be Submitted by Director & Nominee
Copy of PAN Card or Passport in case Foreign Nationals & NRIs
Copy of Voter's ID/Passport/Driver's License
Copy of Latest Bank Statement/Telephone Bill/Electricity Bill/Gas Bill
Passport-sized photograph
Specimen signature of Director (blank document with signature)
To be Submitted for Registered Office Address
Copy of Latest Bank Statement/Telephone Bill/Electricity or Gas Bill
Copy of Notarized Rent Agreement in English (In case of rented Property)
Copy of No-objection Certificate (NOC) from property owner
CST/VAT/Service Tax Certificate or
Copy of Sale Deed/Property Deed in English (In case of owned property)