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Register Our OPC Now

One person company (OPC) in India is one of the easiest forms of corporate entities to manage. OPC is a hybrid of Sole-Proprietorship and Corporate form of business.

One Person Company Registration In India

Finnsdom helps you register your one person company in India in 3 simple steps.

Register Our OPC Now in just 7 Days

Documents Required from Directors, Shareholders

 

  • Pan Card Copy (Mandatory)
  • ID Proof (Any one) – Driving License/ Voter ID/ Passport Copy/ Aadhaar Card
  • Address Proof – Latest Bank Statement/ Latest Telephone or Mobile Bill/ Latest Electricity Bill.(MUST be less than 30 days old)
  • Passport Size Photograph

Documents Required for Registered Office Address

 

  • NOC – No Objection Certificate from the Owner of the Property
  • Address Proof – Latest Telephone Bill or Mobile Bill/ Gas Bill/ Electricity Bill (MUST be less than 30 days old)

 

One Person Company (OPC) - An Overview:

The structure of the one person company (OPC) in recent times was launched as a refinement of the structure of a sole proprietorship firm. In an OPC, a single promoter gains full authority over the company thereby, restricting his/her liability towards their contributions to the enterprise. Therefore, the said person will be the sole shareholder and director (however, a director nominee is present, but has zero power until the real director proves incapable of carrying on). Also, there can be no opportunity for contributing to employee stock options or equity funding. Additionally, if an OPC has an average turnover of ₹2 crores thrice in a row and over or acquires a paid-up fund of ₹50 lakh and over, it has to be converted to a private limited company or public limited company within six months.

Benefits of OPC Registration

Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business:

Limited Liability

The directors’ personal property is always safe in a private limited company, no matter the debts of the business.

Continuous Existence

Sole Proprietorships come to an end with the death of the proprietor. As an OPC company has a separate legal identity, it would pass on to the nominee director and, therefore, continue to exist.

Greater Credibility

As an OPC needs to have its books audited annually, it has greater credibility among vendors and lending institutions.

Documents Required for OPC Registration

  • PAN card or passport
  • Passport, for NRIs and foreign nationals
  • Scanned transcript of driver’s license or voter’s ID
  • Updated gas or electricity invoice/bank account statement/mobile or landline phone invoice
  • Specimen signature or impression
  • Passport-size photo.

 

Minimum Capital Contribution:

There is no minimum capital amount for a company. A company should have an authorized capital of at least ₹1 lakh.

Documents Necessary for the Registered Office

  • Scanned transcript of current bank account statement/phone or mobile invoice/gas or electricity invoice
  • Scanned transcript of rental agreement written in the English language
  • Scanned transcript of a no-objection certificate from the concerned property landowner
  • Scanned transcript of property or sale deed printed in English (if the property is owned).

Note: Your registered office space needs to be commercial premises; however, it can be the sole director’s place of residence as well.

Process for One Person Company Incorporation

  • Step 1: Check eligibility and documents
  • Step 2: Apply for DSC & DIN of all the directors
  • Step 3: Application for name reservation
  • Step 4: File Spice+ form for company incorporation
  • Step 5: Apply PAN and TAN for your new company
  • Step 6: RoC issues a certificate of incorporation with a PAN and TAN
  • Step 7: Open a bank account and start operation.

Package Inclusion

  • Directors identification number for 1 director
  • Digital signature certificate for 1 director (If the shareholder are different from directors, then additional DSC is required for shareholder)
  • Guidance for choosing the company name
  • PAN and TAN
  • Drafting the memorandum & articles of association, RoC filing fees for an authorized capital, government stamp duty, and certificate of incorporation
  • Name approval certificate
  • GST registration
  • PF registration
  • ESI registration
  • PT registration (only applicable in Maharashtra and Karnataka)
  • Zero balance current account [powered by Finnsdom].

Why Finnsdom?

  • For your one person company, we submit an application for name approval
  • We draft the MoA (Memorandum of Association) and AoA (Articles of Association)
  • We file the incorporation documents with the MCA for you. The PAN and TAN are allocated simultaneously
  • We will keep you informed about the status of your OPC Registration.

So you can start your OPC company registration process at ₹499/-.
Start Registration At ₹ 499/-

The Glossary

Certificate of Incorporation

It is a registration certificate issued by the registrar of company(ROC)

Directors

The individuals who, acting as a group known as the board of directors, manage the business and affairs of a corporation.

Limited Liability

Liability (as a stockholder or shipowner) limited by statute or treaty.

Name Reservation

A procedure that allows a corporation to obtain exclusive use of a corporate name for a specified period of time.

Get Started at
₹ 499/-

FAQ's On OPC