Ideal for entrepreneur who have alone started a venture
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Takes 10-12 working days
A One Person Company (OPC) enables a single entrepreneur to run a corporate entity with the benefit of limited liability protection. Introduced in India through the Companies Act, 2013, this concept supports individuals who are capable of starting a business on their own by allowing them to form a single-person economic entity. An OPC has only one shareholder who holds 100% ownership of the company. To ensure continuity, appointing a nominee is mandatory, who will take over in the event of the owner's death or incapacity. OPC is classified as a type of Private Limited Company.
You are required to place the Enquiry and fill your details in our simple questionnaire
You can submit the documents by email or whatsapp and we will verify the same
Obtain DSC and DIN (Director Identification Number) for OPC
We will verify the documents and then we shall apply for LLP Name approval
We will apply for and obtain Certificate of incorporation of OPC
We will make application of PAN And TAN with NSDL
At least one nominee is required to start an OPC who can act as a shareholder as well as a director.
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.
An address in India where the registered office of the One Person Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
Since only one person is the shareholder of the OPC hence, hence at the time of incorporation of a one-person company, any other person is nominated as the nominee with their consent.
• At least 1 shareholder.
• At least 1 director. The director and shareholder can be the same person.
• Minimum one nominee.
• Shareholder/nominee need to be a resident of India.
• Minimum Rs.1 lakh to be authorized share capitals.
• DSC and DIN for director.
OPC cannot be incorporated or transformed into Section 8 Company i.e. the company with charitable purposes etc. Also, cannot carry out any non-banking financial activities, including investment in securities of all body corporate.