One Person Company Registration

@ RS. 1,999/-| GOVERNMENT FEES ON ACTUAL

Register a One PersonCompany easily with setindiabiz, India’s No-1 startup registration, and compliance management company. The package of Rs. 1,999/- Includes Name Approval of the Company, Drafting of MOA, AOA, Followup with the registrar of companies until Issuance of the Certificate of OPC Company Registration & Bank A/c Opening Support.

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OPC registration in india

One Person Company (OPC)

A One Person Company is the newest form of business in India introduced by the Companies Act, 2013 for the first time wherein only one person can open a company. However, a nominee needs to be nominated. The major advantage of OPC over the proprietorship business is the concept of Limited Liability to its shareholder. The OPC is suitable for small businesses where the turnover is not likely to cross Rs. 2 Crores and the maximum amount of capital to be invested is limited to Rs. 50 Lac. An OPC can have more than one director. However one of them must be an Indian Resident. The main limitation of OPC form of company is that only an Indian Citizen can open an OPC Company and FDI is not allowed in one person company. Team SETINDIABIZ is the experienced team to take care of your OPC Registration.

One Person Company Registration (OPC)

Eligibility For OPC Registration In India

Minimum one person

ONLY ONE PERSON

One person is needed to become the shareholder /director of the company. However, the number of Director can be up to 15.

No Minimum Capital

NO MINIMUM CAPITAL

Invest as per requirement of your business, and there is No Minimum capital required as such, The government fee is based on the capital

one-resident-director-one-person-company-registration

ONE RESIDENT DIRECTOR

One director of the company must be resident in India. A person is said, resident, when he stays in India for at least 182 days in the FY .

unique name of one person company

UNIQUE NAME

Name of the company should be unique, and it must not be the same or similar to the name of any existing company or a trademark.

Stepwise Procedure For One Person Company Registration
Digital signature of director
Digital Signature of Director

As the application for Company Incorporation is filed online through Spice-32 Form, the process starts with the issue of Digital Signatures of class two for the promoter.

Name Approval Of One Person Company Registration
Name Approval Of Company

The Company must be incorporated with a unique and new name which should not be the same or similar to an already registered company, LLP or a registered/applied trademark.

Filing of Opc Incorporationn
Filing for Incorporation

One single application (spice 32) is filed for allotment of DIN, and incorporation of the company. with the approval of this form, the Certificate of Incorporation is Issued.

Pan Tan and Bank Account Of Opc Registration
PAN, TAN & Bank Account

The Income-tax Department allots a Permanent Account Number and TAN, which is mentioned on the certificate of incorporation. Next is Bank A/c opening for the company.



STARTUP INDIA PROMO PACKS

Our Professional Service Fee For One Person Company (OPC) Registration in India

BASIC

Rs. 1,999/-

  • Applicable if you already have DIN & DSC
  • Name Approval of the Company
  • MOA & AOA + Certificate of Incorporation
  • PAN and TDS number for the company

Silver

Rs. 4,999/-

  • Digital Signature (DSC) and DIN
  • Name Approval of the Company
  • MOA & AOA + Certificate of Incorporation
  • PAN and TDS number for the company

Gold

Rs. 6,999/-

  • Everything from Silver Pack
  • Bank A/c Opening Support
  • GST Registration
  • MSME Registration

No Hidden Charges | Effective Price of OPC Registration Inclusive of Our Fee, Govt Fee, and GST (18%) at Our Fee
In case of One Promoter and Capital up to Rs. 1,00,000 is as under.

Promo Pack
  • Basic
  • Silver
  • Gold
Delhi
  • 3,885/-
  • 7,425/-
  • 9,785/-
Mumbai
  • 4,825/-
  • 8,365/-
  • 10,725/-
Bengaluru
  • 5,545/-
  • 9,085/-
  • 11,445/-
Chennai
  • 4,045/-
  • 7,585/-
  • 9,945/-
Hyderabad
  • 5,045/-
  • 8,585/-
  • 10,945/-
Kolkata
  • 3,895/-
  • 7,435/-
  • 9,795/-
Gurugram
  • 3,660/-
  • 7,200/-
  • 9,560/-
Noida
  • 4,535/-
  • 8,075/-
  • 10,435/-

List of Documents For Company RegistrationDocuments Required For OPC Company Registration

FOR REGISTERED OFFICE OF THE COMPANY

  • Proof of the registered address
  • NOC from the owner of the premises
  • Premises Proof not older than 2 Months
  • All Document must be self-attested

FOR DIRECTORS / SHAREHOLDERS

  • Two photographs of Promoter
  • Pan Card of Each Promoter
  • Identity Proof of each Promoter
  • Address Proof of Promoter
  • Nomination form INC-3

2018 Company Registration.

name
Email
phone

Multiple Lines - 9 AM to 9 PM (365 Days in a Year)

FAQ ON HOW TO REGISTER A ONE PERSON COMPANY

What is the difference between One Person Company and Other Forms of Business ?

We have prepared a detailed and easy to understand comparative table showing availability of features and advantages of one form of business to that of others. The same can be found at the end of this page. Click here to go there.

What documents are accepted as Identity Proof of Shareholder and director of OPC?

For incorporation of a One Person company under the companies act, 2013, anyone from below list of the document is acceptable as Identity Proof of the director or shareholder or the proposed One Person Company.

  • Passport
  • Driving License
  • Voter ID Card

What documents are accepted as address proof of promoters?

For OPC Incorporation, any one document from below list of address proof of the director or shareholder is acceptable. The document in support of address proof should not be older than two months.

  • Bank Statement or Passbook with the transaction entry
  • Electricity Bill in the name of the promoter
  • Telephone bill, or any other Mobile Bill
  • Utility bill in the name of promoters like Gas Bill

What is a nomination in OPC Registration?

Since only one person is the shareholder of the OPC hence, hence at the time of incorporation of a one-person company, any other person is nominated as the nominee with their consent.

What are the forms on which director or shareholder have to sign to register a One Person Company in India?

For OPC Formation in India, following are the forms on which promoters need to sign, All the forms/formats to be printed on plain A-4 size paper and signature should be preferable with a blue ink pen.

  • DIR-2, Consent from all the director DIR-2 Consent from all the director PDF DIR-2 Consent from all the director Docx| Create Online
  • Declaration of Promoter - Non-Deposit | Create Online
  • INC-9 A Declaration under Companies Act, 2013
  • Subscriber Sheet of MOA & AOA
  • Consent of the Nominee

What are the documents required as proof of registered address for One Person Company Registration in India?

A One Person Company is incorporated with a physical address to be declared as the registered office of the newly registered OPC. Following are the list of the document which is acceptable as proof of premises where the registered office of the company is situated. The premises proof should not be older than two months.

  • Electricity Bill
  • Gas Bill
  • Telephone Bill
  • Mobile Bill
  • NOC from the owner

Do I need to take a NOC from the owner of premises for registered address of OPC, What is the format of NOC?

Before a One Person Company occupies any premises as its registered address, a no objection certificate must be obtained from the owner of the premises. Similarly, at the time of filing for company registration, we need a NOC from the current owner of the premises along with proof of ownership as explained above.

Can co-working office space/ shared office/ Virtual Office address be registered address of the One Person Company?

A registered office is required to be declared at the time of company incorporation and to be maintained by the company under section 12 of The Companies Act, 2013, which must be capable of receiving and acknowledging all communications and notices as may be addressed to it. Further, the statutory records of the company also need to be maintained at the registered address of the company. Hence having registered address at coworking space is not acceptable unless this is a lockable area.

What is the limit of Capital with a One Person Company can be Incorporated?

The OPC Can have an average turnover of Rs. 2 Crores for three years if the turnover exceeds the limit then the same need to mandatorily convert as a normal company.

What is the turnover limit for a one person company?

The OPC Can have an average turnover of Rs. 2 Crores during three years if the turnover exceeds the limit then the same need to mandatorily convert as a normal company.

What is the meaning of “Limited Liability” in OPC Company?

Limited Liability implies that the owner or shareholder of the One Person company is not personally liable to pay debts of the business. They are only responsible for the unpaid shares of the capital of the company. To qualify, the shareholder needs to comply with all laws and pay taxes on time.

What are the most significant characteristics of the corporate form of business?

Apart from the concent of Limited Liability as explained above a company have the following significant features

  • The company will continue to exist, no matter how many directors, officers, and shareholders join or leave.
  • A Company can Sue and be Sued in its name.
  • A legal entity like a company has a separate identity from its owners or shareholders.
  • The private limited companies receive financial assistance from banks and financial institutions, but it receives the preferred rate of interest.
  • Like a person a private limited company can purchase, sell, own, possess, enjoy and transfer property rights to anyone in its name.

COMPARE FORMS OF BUSINESS

Check advantages and disadvantages of Common Business Entity Types

  • ▼ Separate legal entity
    • A Company is a separate legal entity separate from its promoters
    • An OPC is a separate legal entity separate from its promoters
    • An LLP is a separate legal entity separate from its promoters
    • A Partnership is a legal entity but not different from partners
    • The proprietor and the proprietorship business is the same thing
  • ▼ Limited Liability
    • Shareholders of a Company are bound to pay only up to the capital they have subscribed to the company.
    • In OPC, unlike a proprietorship, the shareholder cannot be asked to pay beyond his subscribed capital
    • The partners of an LLP can be called upon to pay only up to the amount of capital they subscribed to.
    • There is no protection of limited liability, even the personal properties of partners are at risk for losses of business
    • The proprietor is the whole sole of the business, and his liability to the debts or losses of proprietorship is unlimited.
  • ▼ Number of members
    • A Company can be opened with at least two person. However, the maximum number cannot be more than 200
    • In case of OPC, Only one person can be a shareholder. He would be required to appoint a nominee.
    • With two partners an LLP can be incorporated, there is no limit on the maximum number of partners
    • A Partnership firm can start with a minimum of two partners, the, however, the maximum number is capped at 20
    • Only one person is required for proprietorship, also known as proprietor.
  • 2 - 200
  • 1
  • 2 - unlimited
  • 2 - 20
  • 1
  • ▼ Number of Directors /DP
    • A company can be opened with at least two and maximum of 15 directors. The same person can be a shareholder as well as director
    • At least one person must be appointed as director of the company. The shareholder and director may be the same person
    • The minimum two designated partner is required in an LLP & there is no limit to the maximum number.
    • There is no separation of ownership and management in case of a partnership. All partners are equally responsible for the conduct of business.
    • In case of proprietorship, the proprietor is solely responsible for the conduct of business.
  • 2-15
  • 1-15
  • 2 to unlimited
  • Not Applicable
  • Not Applicable
  • ▼ Foreign Investment (FDI)
    • Foreign Direct Investment in case of a Private Limited Company is available under the automatic route.
    • FDI is not allowed in One Person Company
    • FDI in LLP Is permitted subject to prior approval from the central government
    • FDI is not allowed in Partnership Firm
    • FDI is not allowed in proprietorship Business.
  • ▼ Ownership Transferability
    • The shareholding of a Pvt Ltd Company is easily transferable
    • OPC Shares can be transferred to new shareholder along with the nominee
    • In LLP share of a partner can be transferred with the consent of all other partners.
    • Not Possible, every admission or removal of partner amounts to the new firm.
    • Not Applicable
  • ▼ Perpetual Existence
    • A Company exists beyond the life of its owners /shareholder. After the death, the shares transmits to legal heirs
    • OPC Continues to exist even after the death of its only shareholder, as it passes to the nominee.
    • The LLP also have perpetual existence and exists beyond the life of the designated partner
    • No perpetual existence, with the death of a partner, the partnership ends.
    • No perpetual existence, with the death of the proprietor, it ends.
  • ▼ Tax Benefits
    • The company tax rate is flat at 25% on its profits
    • The company tax rate is 25% on its profits
    • LLP Income Tax Rate is 30% on its profits
    • Partnership firms are taxed at 30% on its profits
    • For a small business with low turnover, there is the benefit of individual tax slabs
  • Effective
  • Effective
  • Low
  • Low
  • Good
  • ▼ Statutory Compliances
    • The company is required to file an annual return, balance sheet to ROC and ITR around the month of September
    • OPC is required to file an annual return, balance sheet to ROC and ITR around the month of September
    • LLP have to file an annual return in form 11 and financial statement in Form 8 and ITR
    • Only ITR is to be filed
    • ITR is required to be filed if the taxable income is more than 2.5 Lac
  • High
  • High
  • Low
  • Minimum
  • Minimum
  • Formation Cost
  • 1,999/-
  • 1,999/-
  • 1,999/-
  • 4999/-
  • 2,499/-

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