An OPC, or “One Person Company,” is a type of business owned solely by one person. There is only one director, and there is only one member. An OPC is easy to run because it only has one person in charge. If you are an entrepreneur in India who wants to be the best at what you do, you can register as an OPC.
In Subsection 62 of Section 3 of the Companies Act, 2013, it says, “One-person company means a company with only one member.” So, unlike a private limited company, this single-owner company registration doesn’t require at least two directors. The online One Person Company Registration in India, on the other hand, gives you limited liability, just like a private limited company.
Formation of an OPC can be done as:
OPC limited with a Guarantee.
OPC Limited by Share Capital
The OPC company has no limits.
After online registration of a one-person company in India, the following benefits can be enjoyed:
Limited Liability: As the business is a company, the entrepreneurs’ assets are safe from the company’s failures.
Separate Legal Entity: An OPC company is a legal entity that is different from its owner.
Less Number of Compliances: For a “one-person company,” there are fewer rules to follow.
Before you can register an OPC (One-Person Company), you need to keep an eye out for a few things. Here are the things you need to know to sign up with the OPC:
There is only one director.
There is Only one member.
There is no minimum paid-up share.
No capital.
No continued existence allowed.
These minimal requirements make the OPC business registration procedure relatively simple, yet it remains tough for the general public.
ID proof of the nominee
Copy of PAN Card
Identity Proof like,
Voter Card
Passport
Driving License
Address Proof like,
Bank Statement
Mobile bill
Telephone bill
Electricity Bill
Passport Size Photo
Ownership Proof like,
Electricity Bill
Gas Bill
Electricity Bill
Mobile Bill
NOC (Download Format)
OPC Company Registration Process.
Choosing a distinctive name for the company.
Identifying and selecting a nominee for the formation of a one-person company
Using the RUN application, reserve the name of the private limited company.
Obtaining the DSC and DIN of the company’s directors.
The company’s MOA and AOA are being drafted.
submitting the online application for the formation of a private limited company.
The Ministry of Corporate Affairs will evaluate the application.
At Certpedia, we can help you register a one-person company from start to finish. Our services include:
Company name research
Obtaining DSC and DIN
MOA and AOA drafting
Application filing
The Ministry of Corporate Affairs was contacted again.
We are a group of India’s top business experts. With our OPC incorporation process, you can start your online OPC company registration in Delhi on time, and your dream of having a solo business can come true.
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