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One Person Private Limited Company Registration

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Expected To Be Complete* : 26 Mar 2024

Inclusive of government fees for Name Approval and authorized capital of INR 1 lakh and digital signature certificate for 1 subscriber.

Note: Above mentioned price not including government fees, To Know Complete brif of Govt. fees as per selected state, if there is any change in govt. fees will be collect extra.

LIST OF DOCUMENTS REQUIRED FOR ONE PERSON COMPANY (OPC) REGISTRATION:

Company Details

  1. Two Proposed Names
  2. The objective of the proposed company

Director's Document

  1. PAN Card of all the Subscribers/Directors
  2. Photograph of all the Subscribers/Directors
  3. Aadhar Card of the Subscribers/Directors
  4. Mobile and Email of all the Subscribers/Directors
  5. DL/Voter ID/ passport, anyone documents of all the Subscribers/Directors
  6. Bank statement/ Electricity Bill in the name of the Subscribers/Directors, anyone documents of all the subscribers/directors

Nominee Documents

  1. PAN Card of Nominee
  2. Photograph of Nominee
  3. Aadhar Card of Nominee
  4. Mobile and Email of Nominee
  5. DL/Voter ID/ passport, anyone documents of Nominee
  6. Bank statement/ Electricity Bill in the name of the Nominee, anyone documents of Nominee

Proof of Registered Office

  1. Latest utility bill i.e. electricity, landline, water bill, etc.
  2. For a rented place,  a rent agreement is required in the name of the proposed company

Note:

Subscribers must have a hard copy of PAN and Address proof for the video verification of obtaining a digital signature (DSC)

DELIVERABLE UNDER ONE PERSON COMPANY (OPC) REGISTRATION:

  • Certificate of incorporation
  • Company name approval  
  • Director identification numbers (DIN) 
  • Digital signature token for directors 
  • Memorandum of association 
  • Articles of association 
  • ESI/PF registration
  • Company PAN card 
  • Company TAN number  

PROCESS OF ONE PERSON COMPANY (OPC) REGISTRATION:

Step-1 Choose a unique name for your company using  Spice+ Part-A.

Step-2 Apply for DSC for subscribers.

Step-3 Drafting of DIR-2 & other documents.

Step-4 Online preparation of Spice+ PartB , eMOA, eAOA & AGILEPRO.

Step-5 Online filing of Spice+ Part B, eMOA, eAOA & AGILEPRO.

Step-6 Get a certificate of incorporation, PAN & TAN of your company.

SERVICE DELIVERY TIME:

One week post submission of documents

ONE PERSON PRIVATE LIMITED COMPANY

The concept of One Person Private Limited Company or OPC was brought in the year 2013 with the introduction of the Companies Act, 2013 repealing the old Companies Act 1956. Earlier there was no such concept. . Section 2(62) of the Companies Act, 2013 defines the One Person Private Limited Company as follows
One Person Private Limited Company means a company that has only one person as a member;
The introduction of One Person Private Limited Company or OPC was revolutionary and it opened new opportunities for small business owners, now they can enjoy the blanket of a company for their business. A one-person Private Limited company or OPC is a sub-category of a private limited company. The private company needs a minimum of 2 persons as members or subscribers for incorporation whereas an OPC can be incorporated with only 1 member. The OPC is owned and managed by a single person. The Sole member can also be the director of the Company. Only an individual person can become the sole member of the OPC, unlike a private or public company in which Companies or LLPs can also become a member

 

Advantages of One Person Private Limited Company

The One Person Private Limited or OPC comes with all the benefits of a private limited company with the added advantage that only one member can register an OPC with this benefit one can enjoy better control and management of the company. A One Person Private Limited or OPC has the following benefits:

  1. The Small business gets the Corporate Identification to increase the goodwill of the business.
  2. There are various relaxations provided by the companies act 2013 and fewer legal complexities.
  3. Nominee shall become a member of the company within 180 days of two events
    • On the death of the member
    • If the member loses his capacity
  4. One Person Company can be formed by only one member
  5. there can be a minimum of one director which can be extended up to 15 directors

 

One Person Private Limited Company (OPC) Registration Process

One Person Company can be formed with only one person as a member and the directors. The process of registration of a One Person Private Limited Company is very simple and completely online. The person desiring to register his company can get his company registered through the Ministry of Corporate Affairs portal. That is www.mca.gov.in. A company is needed to be registered with the registrar of companies or ROC. ROC keeps all the records regarding all the companies in India.

How to register online One Person Private Limited Company?

There are certain requirements for Registering a company. These are:

  1. Digital signatures or DSC of all the subscribers and DIN of the person desiring to be the directors of the company. All the forms which are filed on the mca portal require Digital signatures of the signatories
  2. After getting the DSC the form Spice+ is filled on the portal with the required documents as attachments.

Documents Required for Registering a One Person Private Limited Company or OPC Company

  1. Aadhar Card of the Directors/ Subscriber
  2. Pan Card of the Directors/ Subscriber
  3. DL/Voter ID/ passport, anyone document of the Directors/ Subscriber
  4. Bank statement/ Electricity Bill of the Directors/ Subscriber
  5. Aadhar Card of the Nominee
  6. Pan Card of the Nominee
  7. DL/Voter ID/ passport, anyone document of the Nominee
  8. Bank statement/ Electricity Bill of the Nominee
  9. Latest utility bill for proof of Company address
  10. For rented place Rent agreement is required

Why Companify?

Registering a company is a simple process but it requires professional guidance. We at Companify help you to take a step forward in owning your company by providing you with a hassle-free process of company registration. Our team of experts will guide you at each step so that you can make the right decision as per your need. We have different company registration packages as per your requirements.

FAQs of One Person Private Limited Company Registration

  • Convene a Board meeting.
  • Serve notice to conduct EGM.
  • Obtain NOC from the creditors.
  • Conduct EGM and pass a special resolution.
  • Submit form MGT-14 to ROC.
  • Fill form INC-6 for conversion of the Private Company to OPC.

OPC may convert itself into a private limited company after the expiry of 2 years from the date of incorporation. If there is more than one director appointed in a company, it is necessary to hold a meeting of the board for change.
 

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