One Person Company

Please Fill Your Details

REGISTRATION PROCESS OF ONE PERSON COMPANY IN INDIA

The Companies Act, 2013 has completely revolutionized Corporate Laws in India and one such game changes was the formation of One Person Company in India which was recently introduced in order to boost Indian Economy by giving strength to the entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity.

Section 2(62) of Companies Act defines a one-person company as a company that has only one person as to its member. Furthermore, members of a company are nothing but subscribers to its memorandum of association, or its shareholders. So, an OPC is effectively a company that has only one shareholder as its member. The purpose of forming OPC’s is generally when there is only one founder/promoter for the business. Entrepreneurs whose businesses lie in early stages prefer to create OPCs instead of sole proprietorship business because of the several advantages that OPCs offer

One of the biggest advantages of a One Person Company (OPC) is that there can be only one member in a OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership (LLP). Similar to a Company, a One Person Company is a separate legal entity from its promoter, offering limited liability protection to its sole shareholder, while having continuity of business and being easy to incorporate.

NYAYASEVAK has introduced this unique online portal which will cater all your legal requirements needed for the registrations of OPC in India. Our eminent team of experts will guide you on each and every phase during the application of your OPC Registration.

A strong professional team, first rated human resources and modern technical support enable NYAYASEVAK, to provide legal services in a well-researched, quick, quality conscious and in cost efficient manner.

ONE PERSON COMPANY REGISTRATION PACKAGE OF NYAYASEVAK INCLUDES

DIN FOR ONE DIRECTOR

DSC FOR ONE DIRECTOR

NAME APPROVAL

MOA AND AOA

ROC FEES

COMPANY PAN CARD

SIMPLE AND EASY PROCEDURE OF NYAYASEVAK IN GETTING OPC REGISTERED

COMPLETE THE SIMPLE, SECURE AND EASY TO ACCESS FORM OF NYAYASEVAK.

ALLOTMENT OF DSC AND DPIN BY NYAYASEVAK.

DOCUMENTS VERIFICATIONS.

NAME APPROVAL.

SUBMISSION OF DOCUMENTS

INCORPORATION CERTIFICATE

PAN AND TAN

DOCUMENTS REQUIRED FOR REGISTRATION OF OPC

COPY OF PAN CARD

PASSPORT SIZE PHOTOGRAPHS

COPY OF AADHAR CARD/ VOTING CARD OF THE DIRECTOR

ELECTRICITY BILL/WATER BILL OR RENT/LEASE/LEAVE AND LICENCE AGREEMENT OF PRINCIPAL PLACE OF BUSINESS) ALONG WITH THE NOC FROM THE LANDLORD

COPY OF PROPERTY PAPERS IF SELF OWNED

WHAT ARE THE BENEFITS OF REGISTERING ONE PERSON COMPANY IN INDIA

Easy to register and run and manage.

East to dissolve.

Limited Liability

Protects from personal liability and protects from other risks and losses.

Attracts more genuine customers

Acquires good bank credits and investment from reliable investors with ease.

Increases the potential to grow big and expand

Easy to Sell

FAQ

Incorporation through SPICe (Without filling RUN)

Stakeholders can avail of 5 different services (Name Reservation, Allotment of Director Identification number (DIN), Incorporation of New Company, Allotment of PAN and Allotment of TAN) in one form by applying for Incorporation of a new company through SPICe form (INC-32) - Simplified Proforma for Incorporating Company electronically (SPICe) - with eMoA (INC-33), eAOA (INC-34). In case eMoA, eAoA are not applicable, users are required to attach the pdf attachments of MoA and AoA. There is no need for reserving a name separately before filing SPICe. One name for the proposed company can be applied through SPICe (INC-32).

Incorporation through SPICe (With RUN)

Name reservation: RUN service shall be used for name availability.

Incorporate OPC: After name approval, form SPICe shall be filed for incorporation of the OPC within 20 days from the data of approval of RUN.

The company shall file form INC-22 within 30 days once form SPICe is registered in case the address of correspondence and registered office address are not same.

The company shall file form INC-4 in case of cessation of member of OPC on account of death, incapacity to contract or change in ownership. In the same form, user needs to provide details of the new member of the OPC.
In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover of immediately preceding three consecutive financial years exceeds two Crore rupees, then the OPC has to mandatorily convert itself into private or public company.
Form INC-6 shall be filed by an OPC for conversion of an OPC into private or public company.
Yes, the private company will also file form INC-6 for converting itself into an OPC. The paid up share capital of private company should not be exceeding fifty lakh rupees and should not have average annual turnover more than two Crore rupees at the time of such conversion into OPC. The company shall be having one member and shall appoint one nominee to act as member in case of death or incapacity of the member at the time of conversion into OPC.
A person can be member in only one OPC.
Where a natural person, being member in One Person Company becomes a member in another OPC by virtue of his being a nominee in that OPC, then such person shall meet the eligibility criteria of being a member in only one OPC within a period of one hundred and eighty days, i.e., he/she shall withdraw his membership from either of the OPCs within one hundred and eighty days.

WHY CHOOSE NYAYASEVAK

  • Simple

    Nyayasevak is proud to introduce most simple and easy to use online portal to cater all your legal needs.

  • Secure

    Nyayasevak has made huge efforts in introducing the most unique online portal which will not only cater all your legal needs but will also provide the comfort of surfing the most secured online portal on the web having up-to-date and most trusted certifications in the technology world.

  • Reliable

    Nyayasevak with an eminent team of Lawyers, Chartered Accountants, Company Secretaries and Legal Experts across India is proud enough to become one of the most trusted and reliable brand in providing complete solutions to its customers and users with utmost sincerity, dedication and commitments.

  • Affordable

    Nyayasevak has introduced this online portal with a motto of providing such affordable legal services to each and every citizen of India which will create value for and through direct engagement and partnership with our employees, customers, partners and civil society.

Download Our App for Free!

Like us!
Follow us!
Subscribe us!
Blog