ONE PERSON COMPANY

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One Person Company for the Modern Entrepreneur.

One Person company, as the name suggests, it is owned and managed by a single person. As per the Companies Act, 2013 “One Person Company means a company which has only one member”. The concept of One Person Company (OPC) in India was introduced to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity.

Forming an One Person Company will provide businessmen much flexibility in management, attains benefits and status like Private Limited Company, which means they will have limited liability, legal protection for business, access to credits, bank loans, access to markets etc., all in the name of separate legal entity.

Normally, naturally born Indian, who is a resident of India, can only obtain the advantages of a One Person company. We require two persons to register One person company, one is Member cum Director and the other person would be a Nominee.

One Person Company

All Our OPC Registration Packages includes the following items
With the use of our easy and transparent OPC Company Registration Fee Calculator, you can place an online order for the Registration of your OPC. As soon as we receive your order to incorporate the OPC Company, our support team shall contact you to process the documentation. All our packages have the following items included in them.

checklist to Start a One Person Company

Single Shareholder

Register your One-Person Company with just a single individual to act as the initial director/shareholders. However, another individual to be nominated as the nominee of a single shareholder of the company

Resident Director

One director of the company should be resident in India. A Person is known as a Resident Indian when he/she stays in India for over 120 days during the previous financial year. Citizenship is immaterial for this purpose

Registered Address

Invest as per the business’s requirement, & as such, there is no prescribed minimum or maximum capital. However, the ROC Fee and the Stamp Duty is calculated on the authorized capital and the location of the registered office of the company.

New & Unique Name

The name of the proposed new company must be unique and eligible, in view of name guidelines as prescribed under section 4 of the Companies Act, 2013. If you need help, please contact us, we would help in deciding the name of your startup.

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Documentation for One Person Company Registration

Documentation plays a significant role in the Registration of an OPC in India. The primary documents of all shareholders and directors such as PAN, ID Proof, and address proof are submitted along with evidence of the Company’s registered address.

Select Name of the One Person Company

The name of every Company should be unique and must not violate the name of any other company or someone else trademark. We assist you by conducting a detailed search in the MCA and Trademark database for a possible match of the name.

 

DSC for Promoter of One Person Company

DSC (Digital Signature Certificate) is equivalent to the physical or paper signature under the information technology act. For Registration of an OPC, all the applications to ROC are filed in digital format signed by its proposed director. The Incorporation Process for OPC 

Name Approval for the One Person Company.

The name of the company should be eligible as per the law. To seek the name approval of your company from the ROC, we file an online run application; this is also known as company name registration. The application for name availability is generally disposed of by the ROC within 1 to 2 days.

 
 

Filing of Spice Plus Form to ROC for Company Incorporation

After the name’s approval, the spice plus form is submitted to the ROC for the issue of the certificate of incorporation of the Company. The promoters documents, proof of registered address, MOA & AOA are the mandatory attachments of the Spice Plus Form. The entire company registration process is online, =

 

Certificate of OPC Incorporation

The final stage for the OPC Registration is the Issue of the Certificate of Incorporation of the Company after the verification of the application for OPC Registration is filed in Spice Form. The issue of the registration certificate of the company is conclusive proof of the Registration of One Person Company

 

Documents to incorporate an One Person Company

Good documentation for the registration of OPC plays a vital role & results in faster incorporation of the company. There are three kinds of documents that are used to incorporate an One Person Company. Please submit self-attested copies of documents that are clear and valid.
Promoters Document
  1. Passport Size Color Photograph
  2. Self attested Pan Card
  3. Self attested Aadhar Card
  4. Address Proof: (any one document)
    1. Telephone Bill
    2. Gas Bill,
    3. Electricity Bill
    4. Bank Statement
  5. Identity Proof: (any one document)
    1. Passport
    2. Voter ID
    3. Driving License
Docs of Registered Office
  1. Proof of Premises:
    1. Telephone
    2. Electricity
    3. Water Bill
  2. No Objection Certificate (NOC) From Owner
  3. Download NOC Format
Note: After the incorporation, the ROC issues a Certificate of Incorporation that contains the company’s address, similar to that is available on the proof submitted for the registered address. Please ensure that the address of the premises on the NOC matches with the address on the utility Bill.

FAQ

Frequently Ask Questions

A natural person who is an Indian citizen and resident in India: – (a) Shall be eligible to incorporate a One Person Company; (b) Shall be a nominee for the sole member of a One Person Company.

One Person Company can be started with any amount of capital. However, fee must be paid to the Government for issuing a minimum of shares worth Rs.1 lakh [Authorized Capital Fee] during the incorporation of the OPC. There is no requirement to show proof of capital invested during the incorporation process

With old route it takes around 12 to 16 days but With New form INC 29 the total time to register a One Person Company is 8-10 working days.

No, an NRI or Foreign National cannot be a Shareholder in a One Person Company.

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