One Person Company Registration
Starting From ₹ 2,999 + Govt Fees
- Preeminent OPC registration services, OPC company registration fees
- Fundraising can be done through venture capital, angel investors, incubators, etc.
- According to the Companies Act, 2013, the OPC is exempt from certain compliance requirements
- No requirement for minimum capital contribution
- Secure, seamless, and high-quality work
Start my registration
Brand highlights
$1 Million
Raised to provide quality service to startups
3000+
Registered Every year
5%
Market Share in Trademark Registration
5000+
Startups and MSMEs Served
About One-Person Company (OPC) Registration
If you’re wondering how to register a one-person company in India, you only need one shareholder. A minimum of one director is also required for the registration of a company. Keep in mind, however, that if your company has an annual turnover over 2 crores, you need to register as a private limited company. Initially, this may not be a relevant issue for your business, but it may become important later on.
Advantages of a One-Person Company (OPC)
Easy to manage
A one-person company is not required to hold an annual meeting. The Companies Act, 2013, section 174, which pertains to board meetings, does not apply to such companies, so they only have to meet twice a year.
More Credibility
Most Banking And Financial Institutions Choose To Loan Their Money To Businesses That Have Experienced Company Incorporation Instead Of Proprietorships.
Limited liability
In The Event Of A Financial Crisis, You Can Rest Secure That The Bank Will Not Take Your Personal Assets To Enjoy Limited Liability.
Tax Benefits
Financial Elements Such As A Director’s Remuneration, Rent, And Interest Are Tax-Deductible, Provided You Have To Pay Fewer Taxes And Enjoy Higher Profits.
Registration Process Flow
1-2 HOURS
2 WORKING DAYS
2 WORKING DAYS
2-3 WORKING DAYS
2-3 WORKING DAYS
2-3 WORKING DAYS
2-3 WORKING DAYS
Documents required for One-Person Company (OPC) Registration
Minimum Requirements for OPC
- 1 member and 1 nominee who are aged 18 or more are often directors and shareholders of the company.
- A minimum share capital of ₹ 100,000
Documents for Directors
- Self Attested Copy of Pan Card.
- Self Attested copy of Aadhaar Card / Passport / Driving License / Voter Identity Card
- Passport size photograph
- Self Attested Copy of statement /Bank Passbook with the latest transaction
- Mail id
- Phone no.
To register the office
- No-Objection letter from the Owner of the Premises to use the address of the registered office of the corporate.
- Electricity Bill/Telephone Bill /Gas Bill/ Water Bill
pricing packages
Basic Package
₹ 5,999
- Save upto-10% cost on this package
- As an element of the Basic Package, you'll obtain:
- Name Search Report
- Name approval in RUN (Reserve Your Unique Name)
- Issue of Incorporation certificate along with PAN & TAN
- Include Government Fees & stamp duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP, and Kerala.
- MOA (Memorandum of Association)
- AOA (Articles of Association)
- DIN (Director Identification Number)
- DSC (Digital Signature Certificate)
- Msme Registration
Growth Package
₹ 8,999
- Save upto-20% cost on this package
- As an element of the Growth Package, you'll obtain:
- Name Search Report
- Name approval in RUN (Reserve Your Unique Name)
- Issue of Incorporation certificate along with PAN & TAN
- Include Government Fees & stamp duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP, and Kerala.
- MOA (Memorandum of Association)
- AOA (Articles of Association)
- DIN (Director Identification Number)
- DSC (Digital Signature Certificate)
- Msme Registration
- Share Certificate (Soft Copy)
- GST Registration
- Stamp and Company Seal
- Bank – accounting Opening
- 10% Discount on Future Service
Premium
₹ 15,999
- Save upto-30% cost on this package
- As an element of the Growth Package, you'll obtain:
- Name Search Report
- Name approval in RUN (Reserve Your Unique Name)
- Issue of Incorporation certificate along with PAN & TAN
- Include Government Fees & stamp duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP, and Kerala.
- MOA (Memorandum of Association)
- AOA (Articles of Association)
- DIN (Director Identification Number)
- DSC (Digital Signature Certificate)
- Msme Registration
- Share Certificate (Soft Copy)
- GST Registration
- Stamp and Company Seal
- Bank – accounting Opening
- 10% Discount on Future Service
- Trademark Registration
Comparison
| Comparison Basis | Private limited company | Llp | Sole proprietor |
|---|---|---|---|
| Raising Fund | ✓ | ✕ | ✕ |
| Start-Up India Recognition | ✓ | ✓ | ✕ |
| Complince Cost | ✓ | ✓ | ✕ |
| Suited For | Growing Startup | Service Provider | Small Business |
| Taxation Benefit | ✓ | ✓ | ✕ |
FAQs
One Person Company may be a new type of business entity. a personal limited company can be formed with a minimum of two directors and shareholders. the administrators and shareholders can be the same individuals. A one-person company does away with the need for a minimum of two shareholders. It allows one entrepreneur to get his business registered as a company and get limited liability protection.
As per the regulations highlighted under Section 3(1) and (2), an OPC can only be incorporated as a personal limited company. Such a corporation can be limited by shares, by guarantee, or be a vast company.
There is no minimum capital required. Thus, for the purpose of company registration, you'll decide this based on your finances.
Between 1-15 Directors are allowed.
Anyone with correct identity proof in the form of an Aadhar card, Voter id card, Passport, or driver's license can be appointed as a nominee for a one-person company.
You must file the required forms with the Registrar of Companies to change the nominee. LegalSalah can facilitate this process if you need assistance.
If you're a minor, a far off citizen, a non-resident of India, or declared incompetent by a court, you can't form an OPC.
No, FDIs aren't allowed.
You must fill out Form INC-15 to inform the ROC to register a Pvt ltd company.
There are some steps that you must follow: -Check the availability of the desired name by filing form INC-1. -File form INC-2 for the Incorporation of OPC within 60 days of filing form INC-1. -File form INC-22 within 30 days of registration of form INC-2 if you would like to receive correspondence at an address that’s not the same as the registered office. LegalSalah can facilitate this process if you require assistance.
When the company’s annual turnover crosses 2 Crore, you want to register your company as a Pvt ltd company.
If an individual becomes a member or nominee of 2 or more than 2 OPCs, they need to withdraw the membership from any of the two OPCs within 182 days.
The government has fixed a slab of ₹ 2,000 for a nominal share capital not exceeding Rs 10 lakhs. For every additional ₹10,000 of the nominal share capital within Rs 50 lakhs, an additional fee of ₹200 is charged.
Get a Free Salah Today!
They trust us
