One Person Company (OPC) Registration - Online Process
Register a one person company registration online in India within 7 – 10 days. Get expert help from LEGAL DARBAR in OPC registration.
Legal Darbar provides you the very best One Person Company Registration service which is useful for small business owners whom are looking for a structured and secure way to operate their business while enjoying corporate benefits. A One Person Company (OPC) is a type of company or business registration structure which is introduced in India under the Companies or business Act, 2013 i.e OPC is a single person ownership which means there is only one owner.
Before Registering Your Company Directly under Govt. of India
Need Help ?
Documents required for LLP Partnership Registration
Two Colour Photographs of Promoters/Individuals/ Company/ Director
Proof of Registered Office
Identity Proof (Voter ID / Driving License/ Passport)
PAN Card of each Shareholders and directors
Utility Bill as proof must be Latest
Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
How we work ?
Please complete the required form with all necessary details carefully
A professional expert will give you a call very soon
Will Create DSC & the DIN Number of Director
Drafting the deed and submitting it for approval or processing
All your important documents will be properly filed and submitted to the ROC
Congratulations! Your company is now registered. Certificates will be delivered by post
Legal Darbar includes key features for One Person Company:
-
- Single Ownership: As the name suggest, an OPC is a single owned and operated by a single individual. That single owner will act as both the shareholder and director of the company that he/she will work for the company by itself.
- Limited Liability: The personal assets of the owner are protected, as the liability of the company is limited to its assets that will protect the assets.
- A Separate Legal Entity: OPCs have separate legal entities, that are separate from their owners, that allows them to enter contracts, their own property, and sue or be sued.
- Requirement of nominee: Requirement of nominee is must be appointed during registration. The nominee will the help the individual to overtake the company by someone on whom they can trust after death or if any mishappening.
- Simplified Compliance: OPCs will enjoy the certain exemptions or deductions in terms of compliance, such as holding annual general meetings.
Benefits of Registering an OPC:
- Easy Formation: The registration process is very simple, cost-effective, and efficient as compared to other corporate structures.
- Full Control: The single owner has its own complete authority over all the working.
- Tax Benefits: OPCs can available for several tax advantages as compared to sole proprietorships. They don’t have to pay the high amount of taxes.
- Credibility: As it is a one person company operated by single person which means the owners have trust on their own because no other person is operating.
- Nominee Continuity: The nominee arrangement ensures that the company is in continuity even after unforeseen circumstances.
Steps used by Legal Darbar for One person company registration:
-
- Make sure to Obtain Digital Signature Certificate (DSC)
- Then Apply for Director Identification Number (DIN)
- After that Choose a Unique Name.
- Then make a Draft the Memorandum of Association (MOA) and Articles of Association (AOA)
- Obtain a File Incorporation Application
- Make sure to obtain Certificate of Incorporation.
Documents Required for one person company registration:
1. for the Sole Owner:
• Identity Proof:
o PAN Card is mandatory
o Passport (for foreign nationals)
• Address Proof (any one):
o Aadhaar Card
o Voter ID
o Driving License
o Utility Bill (recent electricity/water bill,)
• Photograph:
o Recent passport-sized photograph (digital copy in high resolution).
• Digital Signature Certificate (DSC):
o Required for electronic filing of forms.
2. for the Nominee:
• Consent of Nominee:
o Form INC-3 (duly signed by the nominee with ID and address proof attached).
• Identity Proof:
o PAN Card
o Passport (if applicable)
• Address Proof:
o Aadhaar Card, Voter ID, or Driving License
• Photograph:
o Recent passport-sized photograph.
3. Registered Office Address Proof: Proof of Ownership or Rent Agreement
4. Company-Specific Documents:
• Memorandum of Association (MOA) Specifies the company’s objectives.
• Articles of Association (AOA) Defines the company’s rules and regulations.
• Form INC-9 Declaration by the sole owner and nominee regarding compliance with the Companies Act.
• Form INC-3 Nominee consent form.
FAQs for One person company(OPC)?
Only a live person who is an Indian citizen and lives in India only is eligible to form a One Person Company (OPC) and for nominee the individual should be an Indian citizen and their residence will be within the country.
• OPC will provide Limited liability protection for the owner.
• OPC has a Separate legal identity from the owner.
• It is easy to access process to credit funding.
• It has Lower tax rates and tax benefits.
• It will Reduce the compliance requirements.
• It has Simplified management structure.
• It is also Eligible for MSME benefits and schemes.
An OPC (One Person Company) registration is different from a sole proprietorship because an OPC is considered a separate legal entity with limited liability, meaning the owner’s personal assets are protected from business debts, while a sole proprietorship does not have a separate legal status and the owner is personally liable for all business obligations; essentially, the business and the owner are considered the same entity in a sole proprietorship.
Yes, an OPC (One Person Company) in India can raise funds relatively easily compared to a sole proprietorship because it has a separate legal entity status, allowing it to access funding from venture capitalists, angel investors, and financial institutions, making it easier to secure loans and investments than a single individual business.
No, an OPC (One Person Company) is not suitable for large-scale businesses in India because it is specifically designed for small businesses with only one member, meaning it cannot accommodate the need for multiple shareholders and directors necessary for large-scale operations; if a business grows significantly, it must convert to a different company structure like a private limited company to comply with regulations.
According to the Companies Act of 2013, an individual can establish only one One Person Company (OPC) at a time; meaning a person cannot incorporate more than one OPC.
No, a One Person Company (OPC) cannot have a minor as a member; according to the Companies Act, a minor is not eligible to become a member or nominee of an OPC.
By managing legal documents, submitting to the MCA, obtaining DIN, PAN, and GST, ensuring compliance, and offering knowledgeable legal advice for a smooth process, Legal Darbar will help in One Person Company (OPC) registration.