Solo entrepreneur? Planning to form a corporate entity?

One Person Company

The one person company is a new form of legal entity which allows a single person to have full control of the company along with limiting one’s liability to  the business contribution.

In OPC only one person can be a director along with shareholder, though there is a nominee but it has no power to enter into any contract on behalf of company.

Since there is no way an OPC can offer equity to anyone, hence there is no chance of raising fundings.

Company Registration Process:

  • Obtaining DSC
  • Name reservation & approval by ROC
    • Acceptance > Name reservation letter
    • Objection > Resubmission of name reservation (1 time)
    • Resubmission  Rejection > File fresh application along with the fee 
  • Incorporation forms & documents submitted to ROC
    • Approved
    • Objection > Resubmission of forms (only 2 resubmissions allowed)
    • Resubmission Rejections > File fresh application along with the fee
  • Issuance of PAN and TAN
  • Issuance of certificate of incorporation

DOCUMENTS REQUIRED:

  • Passport size photos 
  • Address proof of directors (Telephone Bill, Mobile bill, Electricity bill, Bank statement) any one
  • Photo ID proof of directors (Voter ID, Passport, Driving License) any one
  • Rent agreement of your registered office (in case of rented office)
  • No objection certificate from the owner
  • Copy of Sale Deed/Property Deed (in case of owned property)
  • Utility bill of rented/own property (Telephone bill, Mobile bill, Electricity bill)
  • PAN card

WHAT IS INCLUDED? / PRODUCT PACKAGE

  • Filing of E-forms with the Registrar of Companies (ROC)
  • Name approval (1 time)
  • Filing of SPICe form
  • 1 DIN
  • Drafting of Memorandum of Association (MOA) & Articles of Association (AOA)
  • PAN & TAN Application
  • Issue of Certificate of Incorporation
  • Govt Fees & Stamp duty for Authorized Capital upto Rs. 10 Lakh is Included.
  • State of Incorporation other than (Gujarat, Kerala, Madhya Pradesh, Punjab, Rajasthan) are included. If the incorporation in these states (Gujarat, Kerala, Madhya Pradesh, Punjab, Rajasthan) are required, then extra  Govt. fees would be applicable

  


One Person Company

  • Filing of E-forms with the Registrar of Companies (ROC)
  • Name approval (1 time)
  • Filing of SPICe form
  • 1 DIN
  • Memorandum of Association (MOA) & Articles of Association (AOA)
  • PAN Application
  • TAN Applicaiton
  • Issue of Certificate of Incorporation
  • Includes Govt Fees & Stamp duty for Authorized Capital upto Rs. 10 Lakh
  • *Please read FAQ - pricing
  • Timeline : 10 days
    • Price* ₹ 7175
      *taxes extra
    • DSC i

   

frequently asked questions

Only Indian resident can register for an OPC and that too not more than once.
Difference between OPC and Private Limited is only that in OPC there will be only one director whereas in Pvt Ltd. Minimum two directors are mandatory
An OPC can be started with a minimum authorized capital of Rs. 1 Lakh and with Re 1 as paid up capital.
In OPC there can be only 1 director, in turn who cannot be a director of another OPC
No, there is no difference in tax as compared to Private Limited or any other entity.
State of Incorporation other than (Gujarat, Kerala, Madhya Pradesh, Punjab, Rajasthan) are included. If the incorporation in these states (Gujarat, Kerala, Madhya Pradesh, Punjab, Rajasthan) are required, then extra Govt. fees would be applicable.