One Person Company Incorporation

Registration Services

One Person Company Incorporation

Plans
One Person Company Incorporation
₹ 6,499 (Exclusive of GST)
About One Person Company Incorporation

A One Person Company (OPC) is incorporated under the Companies Act, 2013 and is governed by the Ministry of Corporate Affairs (MCA), with Registrar of Companies as the acting authority. An OPC Company is the popular option among business in India to start their new business journey with only one person as promoter unlike Private & Public Limited companies. We can only incorporate only one OPC. The law does not permit the incorporation of more than one OPC by the same owner/promoter. This is the same case with regards to the nominee of an OPC also. A nominee of an OPC cannot be a nominee of another OPC.

Some of the features of an OPC:

  1. Separate Legal Entity
  2. Promotor Not Liable personally and it has Limited Liability
  3. Should Mention nominee while registering company
  4. OPCs enjoy several privileges and exemptions under the Companies Act that other kinds of companies do not possess
  5. Information Availability for Public and Stake Holders
  6. An OPC cannot enjoy the status of an OPC after achieving the ceiling limit as prescribed by the Companies Act, 2013. The rules state that where the paid-up capital of a PC exceeds Rs. 50 lakhs and its average annual turnover exceed Rs.2 crores. Upon crossing the above-mentioned threshold it should be converted to a private or public company. The conversion should take place within 6 months
  7. Compulsory Audit
Minimum 1 Share Holder
Minimum 1 Director
No Minimum Paid-up Capital
Scope
  • Reservation of Company Name
  • Digital Signature for Director & Share Holder – For Director/Share Holder
  • Directors Identification Number – For Director
  • Drafting of Memorandum of Association (MOA) & Articles of Association (AOA)
  • PAN Application
  • TAN Application
  • GST Application (If Applicable/Required)
  • PF Application (If Applicable/Required)
  • ESI Application (If Applicable/Required)
  • Authorised Paid Up Capital upto Rs.15,00,000/-