One Person Company (OPC) Registration In India
Ready to be your own boss in India? We’ve got your back with easy OPC registration. Start your One Person Company in India easily. We make OPC registration simple and hassle-free for you
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Information Required For One Person Company Registration
Business Details
ID and proof of address
Authorised & Paid Capital
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What is One Person Company (OPC)?
If you’re looking to register a new One Person Company (OPC) in India, here’s a quick overview. An OPC is a separate legal entity with perpetual succession, regulated by the Ministry of Corporate Affairs (MCA) under the Companies Act, 2013. It allows a single owner to act as both the shareholder and director. We have successfully registered thousands of OPCs in Lucknow, turning them into satisfied customers. We Registered and Registering Thousands of One Person Companies (OPC) in India . All those thousands of Business Registrations In Lucknow Are Turned Now Into Our Happy Customers.
Benefits Of One Person Company (OPC)?
One Person Company (OPC) registration is a simplified form of company incorporation. This type of company has only one shareholder who owns 100% of the shares. The main advantage of registering OPC is that it allows the owner to avail of tax benefits at lower rates.
An individual or group of individuals can register themselves as a sole proprietor under the Companies Act 2013. In the case of a partnership firm, each partner should file a separate application for registration of OPC.
- Â The Most important advantage of one person company can raise funds through venture capitals, financial institutions, angel investors etc.
- There is only one minimum Director required and one nominee required.Hence, it didn’t need to find another Director to start One Person Company.
- One Person Company has a separate identity and the owner has a limited Company.
- One Person Company have to face little amount of compliance burden, because it focus on its own areas.
- Because it is one person company,so no requirement to holds annual or extra-ordinary General Meeting.
One Person Company (OPC) Registration Fees in India
One Person Company (OPC) Registration Process/Procedure in India
Registering a One Person Company (OPC) Â in India is a smart move for startups as it provides a competitive advantage. The process is regulated by the Ministry of Corporate Affairs, ensuring compliance with the law. Here’s a simple step-by-step guide to registering a One Person Company (OPC) online in India:
Apply for Digital Signature Certificate (DSC): Get a digital signature for the company’s director.
Apply for Director Identification Number (DIN): Obtain a unique ID for the director.
Check Name Availability and Apply: Ensure your chosen company name is available and apply for it.
Prepare Documents: Draft Memorandum of Association (MoA), Articles of Association (AoA), and other required documents.
File EMoa and EAOA: Submit these documents online to register the private limited company.
Apply for PAN and TAN: Get Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the company.
Receive Certificate of Incorporation: The Registrar of Companies (RoC) will issue this certificate, along with PAN and TAN.
Open a Bank Account: Open a current account in a bank under the company’s name.
Required documents of One Person Company (OPC) Registration in India
To register a company in Lucknow, Uttar Pradesh, you’ll need the following documents:
PAN Card of shareholders and Directors. Foreign nationals must have a valid passport.
Identity Proof of Shareholders and Directors, like Aadhar card and Voter ID/ Passport/ Driving License.
Director Address Proof of Nominee and Director, such as the latest Telephone Bill /Electricity Bill/ Bank Account Statement.
Latest Passport size photograph of Shareholders and Directors.
Business Address Proofs like the latest Electricity Bill/ Telephone Bill of the registered office address.
You need a NOC (No Objection Certificate) from the owner(s) if the registered office is not owned by the company.
If the registered office is rented, a Rent Agreement is necessary.
Note: For Foreign Nationals or NRIs, director(s) documents must be apostilled or notarized.
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Frequently Asked Questions
Our Client Services Team is always happy to help you with any questions about our Company Formation Service.
Call us on +918934042222 or email legalmateindia@gmail.com
One Person Company is a company registered with only one person as its shareholder.
There required member is one and one of his nominee
To set up, a company minimum capital required 1 LAKHS
Any individual/organization can become a member of One Person Company, including NRIs.
Yes, Bank and financial institutions prefer to lend money to the company rather than other firms.
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Because it is single-person comapany, shareholder have a desire for limited liability.
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