One Person Company Registration
Advantages:
1) More opportunities, Limited liability
2) Single ownership enables quick decision-making
3) Being SSI receive interest on Late payments
Question Section
Frequently Asked Questions
It is registered company who has only one person as a member or shareholder. It is a private company registered under the Companies Act, 2013. A One Person Company (OPC) will be treated as a Private Limited Company.
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox. No charges for obtaining requirement list and Quotation.
The following types of Business entities are available in India:
Private Limited Company
Public Limited Company
One Person Company
Producer Company
Section 8 Company
Limited Liability Partnership
Partnership
Sole Proprietorship
Private Limited Company
Public Limited Company
One Person Company
Producer Company
Section 8 Company
Limited Liability Partnership
Partnership
Sole Proprietorship
Separate Legal Existence
Limited Liability
Flexibility of Ownership
Separation of Ownership and Management
Tax Planning
Perpetual Succession
Easy Transferability
Borrowing Power
Limited Liability
Flexibility of Ownership
Separation of Ownership and Management
Tax Planning
Perpetual Succession
Easy Transferability
Borrowing Power
Minimum 1 Director
One Shareholder
One Nominee
DIN (Director Identification Number for all Director)
DSC (Digital Signature Certificate for one of the Directors)
Minimum Share Capital of Rs. 1,00,000/-
The Director and Shareholder can be same
One Shareholder
One Nominee
DIN (Director Identification Number for all Director)
DSC (Digital Signature Certificate for one of the Directors)
Minimum Share Capital of Rs. 1,00,000/-
The Director and Shareholder can be same
In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover exceeds during the relevant period exceeds two crore rupees, then the OPC has to mandatorily convert into private or public company.
The OPC shall inform RoC in form INC-5 within 60 days, if the threshold limits is exceeded and is required to be converted into private or public company.
The Memorandum of Association (MOA) states the main and ancillary objects of the proposed company.
The Articles of Association (AOA) contains the rules and procedures for the routine conduct of the proposed company.
The Articles of Association (AOA) contains the rules and procedures for the routine conduct of the proposed company.
Authorized capital is the maximum amount of share capital for which a company can issue shares.
Authorized capital can be increased by company at any time with shareholders’ approval.
Paid up share capital of a company is the amount of money for which share were issued to the shareholder
and for which payment was made by shareholder. Paid up capital will always be less than the authorized
capital as the company can not issues shares above its authorize capital.
Well, it completely depends on what you want to do. If you are a single person doing business and are
not going to raise any outside investment for at least 3 years then OPC suits you best. Or if you are
planning to raise funds then go for Private Ltd registration. A LLP is typically preferred by Lawyers,
Doctors, Designers and other professionals.
Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC. The term "resident in India" means a person who has stayed in India for a period of not less than one hundred and eighty two days during the immediately preceding one financial year.
A person can be member in only one OPC.
Where a natural person, being member in One Person Company becomes a member in another OPC by virtue of his being a nominee in that OPC, then such person shall meet the eligibility criteria of being a member in only one OPC within a period of one hundred and eighty days, i.e., he/she shall withdraw his membership from either of the OPCs within one hundred and eighty days.
PAN
TAN
Shop Act
VAT
Profession Tax
Service Tax
Provident Fund ESIC
TAN
Shop Act
VAT
Profession Tax
Service Tax
Provident Fund ESIC
Yes, you can register a company at your residential address as having a commercial space is not
necessary to get a company in India.
Yes, a company’s address can be changed after acquiring a commercial space. The process of change of
company address is very easy and it can be done within hours if the new address is within the same city.
Yes, legally a salaried person can become a director of a company. However, the terms and conditions mentioned in his/her employment agreement may have some clauses that might require an expert advice. We recommend you to speak to us before proceeding in order to make an informed and wise decision.
Yes, an existing company can be converted into any other form of business entity by complying the
provisions of Companies Act, 2013.
No Hidden charges. Every details regarding charges are mentioned in the Quotation file sent to you.
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