One Person Company Registration


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What is OPC Registration ?

An OPC is the most modern form of business in India proposed by the Companies Act, 2013 and understand for a-One Person Company.

A forward-thinking idea was launched which promotes the incorporation of micro-businesses and persons with entrepreneurial ideas and to give a boost to entrepreneurs who have high potential to begin their venture by permitting them to build a single person company.

You can easily register one person company under the outlines of the companies Act 2013 and the laws thereto, where it was made viable for a single person company to work as a company without the complexity of having partners. This encourages more people to come forward to commence a business. The OPC is fit for small businesses where the turnover is not likely to cross Rs. 2 Crores. IN OPC Registration it's important to note that the nominee or the director should be Indian Resident.


One Person Companies are benefiting largely in developing the overall economy of India. More and more Entrepreneurs are coming up and commencing their business. By incorporation of OPC, the company can enjoy the benefits in banking point and are eligible for Banking loans, credits. So, if you want to start up your own business, you don’t have to worry about all the network and slow processes.


Choose OPC Because

The following is the eligibility guidelines for OPC Registration in India.



Can have more than 1 directors, but the shareholder cannot be more than 1.

Not affected by the death of a member or shift in ownership.

Effortless to set up and maintain comparatively.

Restricts the liabilities of its members

Minimum Paperwork is needed.

Can work as Stockbroker or Sub-broker

Not multiple compliances

No interference from any third party is seen

Even no person is permitted to incorporate more than 1 one-person company.



Minimum requirements for OPC registration

As per the Companies Act 2013, there are minimum requirements that need to be met for one person company incorporation online.

Requirement
Unique business name
Requirement
No minimum capital requirement
Requirement
A nominee must be appointed during incorporation
Requirement
Address proof of office


...

For incorporating your business as a One Person Company, you need to provide proper identity and address proof. The documents are required to be submitted to the Registrar of Companies.


Passport size photographs

Copy of Aadhar Card or Voter ID

Copy of PAN Card

Copy of Bank Statement (not older than two months)

Valid address proof of office which can be the latest electricity or any other utility bill.

If it is a rented office, then No Objection Certificate is required from the owner of the property.



No. Particulars Our Company Private Company LLP
01 Eligibility Only an individual who is an Indian citizen and resident in India is eligible to incorporate an OPC Any individual be it NRI or Indian citizen can form a Private limited company. Any person and group of corporate can be a partner in LLP
02 Minimum Requirement Member - 1,
Director - 1,
Nominee of Sole Member - 1
Members - 2,
Directors - 2
Designated Partners - 2
03 Procedure Get DSC, DIN, MoA & AoA along with INC-32 Incorporation Filing, PAN, TAN Applications Acquire DSC, MoA & AoA along with INC-32 Incorporation Filing, PAN, TAN Applications Collect DSC, DPIN, Name Approval, Filing for Incorporation, File LLP Agreement, PAN and TAN Applications
04 Existence Existence of an OPC is never dependent on the Nominee or Director. Can be dissolved by Regulatory Authorities. A private limited company is not dependent on the directors or shareholder. Can be dissolved only intentionally or by Governing Authorities. LLP can sustain its survival irrespective of changes in partners.
05 Credibility Medium High Medium
06 Time Taken in Registration 15 - 20 Days 10 - 15 Days 15 - 20 Days
07 Conversion System Annual Return Filing No Board Meetings, if only one director No General Meetings Annual Return Filing Board Meetings & General Meetings Annual Return Filing
08 Compliance Requirements Annual Return Filing No Board Meetings, if only one director No General Meetings Annual Return Filing Board Meetings & General Meetings Annual Return Filing
09 Statutory Audit Compulsory Compulsory Only in case contribution is more than 25 lakhs and less than 40 Lakhs
10 Fund Raising Options Low High Low
11 Recommended For Sole promoters Start-ups and growing AProfessional services firms
12 Foreign Investment Not Allowed Allowed Allowed


Services We Provide

Here Are Some of Our Services

MSME

MSME registration stands for the micro small and medium enterprises registration.

IEC

It is a unique 10-digit code required by every business in India.

Startup

A Startup being a Private Limited Company or Limited Liability Partnership (LLP)

GST Reg with Return

A GSTIN is a “Unique Identification Number” given to a GST taxpayer.

Trademark

A trademark is a differentiating mark consists of a combination of words, symbols, or colors used to represent goods and services.

GeM Registration

Government e-Marketplace (GeM) is an online platform for public procurement.

Bookkeeping & Accounting

It involves preparing source documents for all transactions, operations, and other events of a business

FSSAI

which is a consolidating statute related to food safety and regulation in India.

Shop & Establishment Registration

which is a consolidating statute related to food safety and regulation in India.

ISO Certification

ISO is an international standard-setting body composed of representatives from various national standards

Partnership Registration

legal structure is most commonly used for the incorporation of a company

Limited Liability Partnership

legal structure is most commonly used for the incorporation of a company

One Person Company Registra tion

One Person Company (OPC) is functionally a company with only one shareholder as its member.

Private Limited incorporation

A Private Limited Company in India lies somewhere between a partnership firm and a widely owned public company.

Proprietorship Registration

Proprietorship is recognized by other registrations, such as a service or sales tax registration.

Digital Signature

GAM Private Limited is a Certifying Authority licensed by Controller of Certifying Authorities and caters to all kinds of subscribers who use Digital Certificates for MCA (ROC), GST, Income Tax, Tenders etc.