OPC Registration Starts from ₹9,999 Only!

Ready to register a One Person Company? Reach out to us today for single person company registration services. We make the process simple and hassle-free

 

  • No Hidden Charges
  • Lowest Price Guarantee
  • Quick and Hassle-Free Process Free Expert
  • Assistance for Lifetime

Get Expert Consultation

Step-by-Step Guide: How to Register a One Person Company in India

In today’s digital age, registering a company, including One Person Company (OPC) registration, has become entirely paperless. All necessary documents are now filed electronically through the Ministry of Corporate Affairs (MCA) website and processed at the Central Registration Centre (CRC).

 

 

The registration of a One one-person company is a streamlined, online procedure. Once all the required formalities are completed, the Registrar of Companies issues a digitally signed Certificate of Incorporation (COI). These electronic certificates, issued by the ministry, can be easily verified by all stakeholders directly on the MCA website. Incorporating a company, particularly a one-person company, involves a systematic collection and submission of details by the requirements of the Companies Act 2013. 

 

The Ministry of Corporate Affairs defines this process and may be subject to changes from time to time. Effective management of this process demands a deep understanding of the legal requirements and practical experience in navigating the intricacies of company registration. If you’re looking to register a personal company or seeking guidance on single-person company registration, the digital and simplified process offered by the MCA can significantly ease your journey into entrepreneurship

Unlocking the Benefits of OPC Registration in India

Legal Status of OPC:

One Person Company (OPC) in India enjoys a distinct legal entity status, which shields the single individual who has incorporated it. This separation of legal identity ensures that the member’s liability is limited to their shares, safeguarding them from personal liability for the company’s losses. This unique feature allows creditors to take legal action against the OPC itself, rather than the member or director.

 

Easy Access to Funds:

Registering an OPC as a private company simplifies the process of raising funds through various channels, including venture capitals, angel investors, and incubators. Financial institutions and banks prefer extending loans to companies over proprietorship firms, making it easier for OPCs to secure funding.

 

Reduced Compliance Requirements:

Under the Companies Act, 2013, OPCs benefit from specific exemptions related to compliance. Notably, OPCs are not obligated to prepare cash flow statements, and only the director, not a company secretary, is required to sign the books of accounts and annual returns.

 

Simplified Incorporation:

The process of incorporating an OPC is straightforward, requiring only one member and one nominee for its establishment. Additionally, the member can also serve as the director. While there is a minimum authorized capital of Rs. 1 lakh, there is no minimum paid-up capital requirement, making OPC incorporation more accessible compared to other company structures.

 

Effortless Management:

The unique aspect of OPCs is that they can be established and managed by a single person. This streamlined setup facilitates quick decision-making, and ordinary and special resolutions can be efficiently passed by the sole member, documented in the minute book, and signed accordingly. The absence of conflicts or delays within the company further simplifies its management.

 

Perpetual Succession:

Even when there is only one member in an OPC, it enjoys the benefit of perpetual succession. During OPC registration, the single member appoints a nominee. In the unfortunate event of the member’s passing, the appointed nominee takes over the company’s operations, ensuring the continuity of the business.

 

In summary, the advantages of registering a one-person company (OPC) in India are multifaceted. OPCs offer limited liability, ease of fundraising, reduced compliance burdens, straightforward incorporation, simplified management, and the unique feature of perpetual succession, making them an attractive option for entrepreneurs and small business owners. For more information on one-person company registration, register one-person company, and single person company registration, consult with a legal expert or a professional consultant well-versed in OPC regulations.

 

.”

 

Eligibility Criteria for One Person Company (OPC) Registration

  • To register a One Person Company (OPC) in India, one must be an Indian citizen and a resident, having spent at least 182 days in India during the previous fiscal year.
  • Business models such as Companies or LLPs are not eligible to form an OPC.
  • The individual establishing the OPC must designate a nominee during the incorporation process.
  • The minimum authorized capital for an OPC must be at least Rs 1 Lakh.
  • An OPC cannot have a minor as its member.
  • An OPC must have at least one nominee and one director

 

Documents Required for OPC Registration in India

  • Documents from Director / Shareholder / Nominee:
    A. Identity Proof:
    • Permanent Account Number (PAN) Card
    • Aadhaar Card / Passport / Driving License / Voter Identity Card

 

  1. Address Proof:
  • Telephone Bill / Mobile Bill
  • Electricity Bill / Water Bill
  • Bank Statement / Bank Passbook with latest transactions (Any one of the Documents not older than 2 months)

 

  • C. Passport size Photographs – 3 each
    • Telephone Bill / Mobile Bill / Electricity Bill / Bank Account Statement must be in the name of the applicant and should not be older than 2 months.
    • If the documents are not in English, they should be translated to English.

 

  • Documents to be Signed by all DIRECTOR(S):
    • Consent to Act as Director: Form DIR-2
    • Details for DIN
    • Declaration of DIN (If DIN is allotted already)

 

  • Documents to be Signed by Shareholder:
    • Application for Digital Signature Certificate (DSC)
    • Affidavit by Subscribers & Director: INC-9

 

  • Documents to be Signed by Nominee Shareholder:
    • Details of Nominee Shareholder
    • Consent by the Nomination of Shareholder – Form INC-3
  •  
  • Documents from Company / LLP / Trademark Owner, if any:
    • Board Resolution / Formal authorization for use of Name / Trademark
    • Authorization for execution Documents from Company / LLP

 

Procedure to Register a One Person Company (OPC) in India

  • Obtain a Digital Signature Certificate (DSC) for one person company registration.
  • Apply for a Director Identification Number (DIN) for single person company registration.
  • Choose a suitable name and seek permission from the Ministry of Corporate Affairs (MCA).
  • Draft and sign the articles of association (AOA) and memorandum of association (MOA) for OPC registration.
  • Gather and organize all necessary documents along with the registration fee and stamp duty.
  • Complete and submit the application forms to the MCA for review and approval.
  • Receive the certificate of establishment or incorporation for your OPC.