One Person Company

Ideal for Startups who are going for funding & scalable business.     

At only Rs 7,999 in just 15 days.

Documents Required from Directors, Shareholders
Pan Card Copy (Mandatory)
ID Proof (Any one) – Driving License/ Voter ID/ Passport/ Aadhaar Card
Address Proof (Any one) – Bank Statement/ Telephone or Mobile Bill/ Electricity Bill. (Latest-Not older than 30 days)
Passport Size Photograph of Directors
Documents Required for Registered Office Address
NOC - No Objection Certificate from the Owner of the Property
Address Proof - Latest Telephone Bill or Mobile Bill/ Gas Bill/ Electricity Bill (MUST be less than 30 days old)

    What is an OPC (One Person Company) ?

    The structure of the one person company (OPC) in recent times was launched as a refinement of the structure of a sole proprietorship firm. In an OPC, a single promoter gains full authority over the company thereby, restricting his/her liability towards their contributions to the enterprise. Therefore, the said person will be the sole shareholder and director (however, a director nominee is present, but has zero power until the real director proves incapable of carrying on). Also, there can be no opportunity for contributing to employee stock options or equity funding. Additionally, if an OPC has an average turnover of ₹2 crores thrice in a row and over or acquires a paid-up fund of ₹50 lakh and over, it has to be converted to a private limited company or public limited company within six months.

    Advantages of an OPC?

    Limited Liability – The directors’ personal property is always safe in a private limited company, no matter the debts of the business.

    Greater Credibility –As an OPC needs to have its books audited annually, it has greater credibility among vendors and lending institutions.

    Continuous Existence – Sole Proprietorships come to an end with the death of the proprietor. As an OPC company has a separate legal identity, it would pass on to the nominee director and, therefore, continue to exist.

     

    Documents Required

    ID Proof

    Pan Card, Aadhar card and Voter Id/ Driving licenses / Passport

    Photo

    Latest passport size photograph

    Address Proof

    Latest bank statement

    Registered Office Proof

    Latest Utility Bill

    Compay Incorporation Process

    How long does it take?

    1

    Day 1-2

    Review of documents provided + Application for Digital Signature Certificate
    2

    Day 3-4

    Name reservation application under SPICe+
    3

    Day 5-9

    - Drafting of MoA, AoA and other required documents + Filing company registration application + DIN allotment application + Application for PAN and TAN of company
    4

    Day 10-12

    Government processing time

    How does it works?

    Free Consultation
    • Our expert will understand your requirements
    • They will provide basic details and documents list required for              registration
    Make the Payment
    • You make the initial fee payment through secure payment                      gateway towards stamp duty and out of pocket expenses.
    Application for company registration
    • Application for company name registration under SPICe+
    • Procurement of Digital Signature Certificate (DSC)
    • Documents drafting including MOA and AOA
    • Application for Company registration
    • Application PAN and TAN

    Transparent Pricing

    LLP Company is the most popular legal business entity in India; recommended for start-ups and growing businesses with easy funding, credibility and tax regulatory advantages.

    Company Name Search Free
    Consultancy on Registration and Name Availability Free
    2 DSC's 2,000.00
    Government Fees 1,750.00
    PAN and TAN Fees 170.00
    Professional Fees 3,332.00
    Goods & Service Tax 747.00
    Total Cost 7,999.00
    * The above mentioned government fee has been calculated on minimum contribution of Rs.100000
    * Stamp duty may vary state to state
    * Extra charges for NRI/Foreign directors or Foreign shareholding companies

    What do you get

    Digital Signatures

    Digital signature to digitally sign the documents
    +

    Memorandum of Association

    Defines the objective of the company
    +

    PAN

    PAN of the company
    +

    Articles of Association

    Defines the rules of the company
    +

    TAN

    TAN of the company
    +

    Certificate of Incorporation

    Certificate of incorporation bearing company's registration number
    +

    More questions? Seek the help of an expert!

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