One Person Company

A Person Company is a combination of a sole proprietorship & a corporate company. It is governed by the Ministry of Corporate Affairs (MCA) and comes under the Companies Act 2013. Through this, a single person can easily start his company with 100% rights to it. Later if a Person Company surpasses the limit of 2 crores annual turnover, it has to be registered under Private Limited Partnership. A single shareholder can register One Person Company in India. However, the registration & incorporation process may be a lot to handle for a single person.

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Your Services Your

Name

Phone

Services

Economy

₹5199

* All Inclusive

Name Search Report
Name approval in RUN (Reserve Your Unique Name)
Certificate of Incorporation
Filing Spice Form
Issue of Incorporation certificate along with PAN & TAN
Include Government Fees & Stamp Duty for Authorized Capital Upto -1
1 Indian Director,1 Shareholder and Authorised Capital of Rs. 1,00,000
Share Certificate (Soft Copy)

Deluxe

₹7199

* All Inclusive

Name approval in RUN (Reserve Your Unique Name)
Issue of Incorporation certificate along with PAN & TAN
ESI/PF Registration
Filing Spice Form
Commencement of Business
Include Government Fees & Stamp Duty for Authorized Capital Upto -1
GST Registration and GST Invoice software
Documentation Kit
1 Indian Director, 1 Shareholder and Authorised Capital of Rs. 1,00,000

Premium

₹11999

* All Inclusive

Name Search Report
Name approval in RUN (Reserve Your Unique Name)
Issue of Incorporation certificate along with PAN & TAN
Filing Spice Form
Commencement of Business
Include Government Fees & Stamp Duty for Authorized Capital Upto -1
Current Bank Account*
Documentation Kit
GST Registration ,GST Invoice software And Msme Registration

Overview

Benefits

Documents

Required Process

Why Us?

FAQs

The Glossary

Overview

Who should start their corporate journey by establishing a Person Company?

With the effect of the Companies Act 2013, One Person Company emerged as a new option for those who are looking to start a company of their own without having any partner. It is a very popular option for sole proprietors to opt for One Person Company to transfer to the corporate structure & enjoy several benefits that come along with it. There is flexible legal governance in One Person Company because it is a combination of Sole Proprietorship & Corporate Company.

Benefits

Documents Required

1. Self-Attested Copy of the PAN Card
2. Other Identity Proof like Aadhar Card/ Passport / Driving License / Voter Identity Card
3. Minimum One Director & Owner
4. Passport Size Photo of Director
5. Self-attested Copy of Telephone Bill / Mobile Bill
6. Bank Passbook or other statement reflecting recent transactions.
7. Self-attested copy of electricity bill/water bill

Additional Documents
1. No-Objection letter by the owner of the address company is using
2. Supporting documents to be signed by the owner to verify the address like Electricity Bill / Telephone Bill / Gas Bill / Water Bill

Process

Why Us?

We are here for you on every step of your One Person Company Registration. If you have any doubt about whether to go for any other type of company, we are here to resolve this confusion for you. We will enlighten you about what are the different ways you can set up your dream organizations and what benefits you get from each one of them. Your dream is to start your journey and our aim is to see you do it smoothly.
For convenient registration of a One Person Company, we have a team of highly skilled professionals and a large network of people who can assist you with every service that you will need. We are ready to play the role of facilitator and see you climb the ladder of success; all you need to do is to take the first step and connect with us.

FAQ

What is a One Person Company (OPC)?

One Person Company rectifies the disadvantage of a Private Limited Company of having at least two directors to get registered. If you are a single person, you can also get registered as a company by forming a One Person Company.

What type of OPC can be formed/incorporated?

You can form One Person Company as a Private Limited Company.

What is the minimum capital requirement to register an OPC?

There is no minimum capital required to form an OPC.

How many Directors can we have in OPC?

You can register an OPC with 1 to 15 directors.

Who can be a Nominee?

A person who has proper identity proof like Aadhaar Card can become a nominee.

Can we change a Nominee?

Yes, you can change a nominee with the help of Legal24by7. All you have to do is to select our package for nominee changing & removal.

Who cannot form an OPC?

A minor, foreign citizen, a non-resident of India, or declared incompetent by the court cannot form an OPC.

Can OPCs raise Foreign Direct Investments?

No, OPCs cannot raise FDI.

Under what conditions an OPC can change itself into a Private or Public company?

When the company's turnover crosses Rs. 2 Crore then it has to register as a private or Public company.

Is GST mandatory for OPC?

Yes, to get the benefit of input tax credit while buying & selling goods and services you have to register for GST.

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