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What is a one-person company registration? Click here to learn all about an OPC registration, its benefits, the documents required, and the process. Get your one-person company ( OPC ) registration now from best company registration consultants
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one person one person company company Presented by jr compliance
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WHAT IS ONE PERSON WHAT IS ONE PERSON COMAPNY COMAPNY As the name suggests, “ One person company ”, is a company that is incorporated by a single person. In an OPC Registration, an individual promoter has complete authority over the firm. It means, in OPC, only one person is the shareholder and director of the company (though, the nominee of the director would be present with no authority until the real director fails to get into the contract). It is also known as a one-man company. As per the rules of the Companies Act 2013, a person who is an Indian resident and citizen of India, he/she is eligible to incorporate a One Person Company.
Important Factors of Different Important Factors of Different Forms of Company Forms of Company Limited company Important Factors - Pvt Ltd Company Important Factors - One Person Company (OPC) Important Factors - Limited Liability Partnership Important Factors - Incorporated under Company Act, 2013 Incorporated under Company Act, 2013 Incorporated under Limited Liability Act, 2008 Incorporated under Company Act, 2013 Minimum three directors are required for fomation Minimum three directors are required for fomation Minimum One (one nominee in case of bankruptcy, death, etc) is required for fomation At least two partners are required for fomation Stakeholders have control over business Stakeholders have control over business Partners have control over business Business owner has control over business Duration of incorporation is 12-15 days Duration of incorporation is 15-20 days Duration of incorporation is 12-15 days Duration of incorporation is 15 days
Benefits of One Person Company Registration Benefits of One Person Company Registration OPC is a separate legal entity which means it has similar rights to a person. For instance, it can enter into a contract, sue someone as well as can be sued. OPC will continue to exist despite the death, bankruptcy, change in membership, etc. This form of company is appropriate for small businesses. Provides tax pliability to the business. It is unchallenging to manage an OPC. Provide complete control of the company to a person.
Documents Required For OPC Documents Required For OPC Registration Registration Memorandum of Association (MoA) and Article of Association (AOA). You are required to appoint a nominee, in case the director and member dies or is unfit to execute his duties. For this, the permission of the director or member would be required in Form INC-3 along with PAN and Aadhar card. You are required to submit the declaration and consent from the director in Form INC-9 and DIR- 2, respectively. Proof of the principal office along with evidence of ownership and NOC of the owner. A declaration certification by the professional reflecting that all the compliance has been completed.
One Person Company Registration Process | OPC Registration One Person Company Registration Process | OPC Registration Online Procedure | OPC Incorporation Process Online Procedure | OPC Incorporation Process Incorporation Through SPICe (without Filling RUN) Apply for the OPC incorporation/ OPC Registration online through Simplified Proforma for Incorporating Company electronically (SPICe) (INC-32) which will provide five major benefits to the stakeholders, i.e., name reservation, allotment of Director Identification (DIN), company incorporation, allotment of PAN, and TAN. Along with filling the form, affix eMoA (INC-33) and eAOA (INC-34). However, if eMoA and eAOA are not available, you are required to submit the PDFs of MOA and AOA. Note- No need to reserve the company name individually, because you can apply for a company name through SPICe (INC-32). Incorporation Through SPICe (with RUN) Fill an application for name approval of the company. And to check the availability of the name RUN service must be used. As the name of the company approves, fill SPICe form for the OPC incorporation within 20 days of data consent from the RUN. If the correspondence address and registered office address are not the same, you are required to fill the form INC-22 in the next 30 days after SPICe form registrati
Our Role in One Person Company Our Role in One Person Company Registration Registration Our OPC registration consultant will guarantee to provide you with our complete support throughout the process of one person company registration online. Our OPC registration consultant will assist you in the process of documentation for OPC incorporation. Our OPC consultants will help you keep the track of your OPC incorporation application. Our OPC registration consultant will assist you in finding the appropriate name of the company for OPC registration online. Our OPC registration consultant will coordinate with officials for proper follow-ups and acknowledgment. Our OPC registration consultant will ensure to provide you with the best possible solution to your concerns regarding One Person Company registration online.
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