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Sreach for more than 15 Lacs companies, registered in India.

Our Packages

One Person Company Registration + MSME

₹ 9,999

  • 1 DSC, 1 DIN, Name Approval Certificate, Certificate of Incorporation, PAN, TAN

One Person Company Registration + Trademark Registration + MSME

₹ 15,999

  • 1 DSC, 1 DIN, Name Approval Certificate, Certificate of Incorporation, PAN, TAN, Trademark Registration

One Person Company Registration + ISO Certification + MSME

₹ 17,999

  • 1 DSC, 1 DIN, Name Approval Certificate, Certificate of Incorporation, PAN, TAN, ISO Certification

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What is One Person Company ?

One Person Company concept in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. 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.For instance, every One Person Company (OPC) must nominate a nominee Director in the MOA and AOA of the company - who will become the owner of the OPC in case the sole Director is disabled. Also, a One Person Company must be converted into a Private Limited Company if it crosses an annual turnover of Rs.2 crores and must file audited financial statements with the Ministry of Corporate Affairs at the end of each Financial Year like all types of Companies.

DSC is required for signing eletronic form on Mca website.this is compulsory for director.A licensed Certifying Authority (CA) issues the digital signature. Certifying Authority (CA) means a person who has been granted a license to issue a digital signature certificate under Section 24 of the Indian IT-Act 2000.

Director Identification Number (DIN) is a unique identification number given to an existing or a potential Director of any company which is incorporated.

Memorandum of Association (MOA) is the supreme public document which contains all those information that are required for the company at the time of incorporation. It can also be said that, a company cannot be incorporated without memorandum. It contains the objects, powers and scope of the company, beyond which a company is not allowed to work, i.e. it limits the range of activities of the company. ‘Articles of Association’ shortly known as AOA, is also a major document which contains all the rules and regulations designed by the company. Below you can see the basic differences between the Memorandum of Association and Articles of Association.

A certificate of incorporation is a legal document relating to the formation of a company or corporation. It is a license to form a corporation issued by state government. Its precise meaning depends upon the legal system in which it is used

Permanent Account Number (PAN) is a code that acts as identification of Indians, especially those who pay Income Tax. It is a unique, 10-character alpha-numeric identifier, issued to all judicial entities identifiable under the Indian Income Tax Act 1961.

In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alphanumeric number issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.

Package Includes

DSC OF 2 DIRECTORS
DIN OF 2 DIRECTORS
INCORPORATION CERTIFICATE
MOA & AOA
COMPANY NAME APPROVAL CERTIFICATE
COMPANY STAMP, PAN & TAN REGISTRATION
FREE FILLING OF AUDITOR ADDITION FORM ADT-1
ASSISTANCE IN OPENING CURRENT ACCOUNT IN BANK
 

Steps/Process

20%

Incorporation Documents are prepared and sent for Signatures.

Once ID proofs and signed documents are received, Digital Signature is applied for Directors

After DSC, application is filed with MCA for getting the DIN Number

Incorporation Application is prepared and filed with ROC

MCA check and Approves the Incorporation Application.

PAN is applied based on Incorporation Certificate after that TAN is applied Once we receive copy of PAN card

why One Person Company


  • Ease of Formation

    A Private Limited Company can be incorporated with minimum 2 directors by filing Spice E Form INC-32 along with link form Spice MOA (INC-33) and Spice AOA (INC-34).. Once the documents get verified, certificate of incorporation has been issued by MCA within 2 to 3 days.


  • Separate Legal Entity

    The biggest advantage of a one person company is that its identity is distinct from that of its sole owner. If a promoter were to operate as a Sole Proprietorship, the business would come to an end on his/her death but since an OPC is a separate legal entity,therefore, ownership would pass on to the nominee and an OPC continue to exist.


  • Single Owner

    There is only one owner who can act both as a shareholder as well as the director.


  • Limited Liability

    The liability of the shareholder is limited and personal assets are safe. The liability of the shareholder will only be limited to the unpaid subscription money in his name. OPC is a separate entity and there will be a true distinction between the promoter and the company.


  • Complete Control

    This leads to fast decision making and execution. Yet he/she can appoint as many as 15 directors in the OPC for administrative functions, without giving any share to them.


  • Transparency

    Private Limited Company enjoys enhanced transparency thus able to win the trust of general public.


  • Minimum Compliances

    Private Limited Company enjoys enhanced transparency thus able to win the trust of general public.


  • Legal Status & Social Recognition

    One Person Company is a Private Limited Structure in the eyes of law, which gives suppliers and customers a sense of confidence in business.


Documents Required for One Person Company Registration

Self certified copy of PAN card of all Directors - 2 Copies
Four color passport size photograph of each Director
Copy of any utility bill or bank statement in the name of Directors
Mobile & Email of all Directors, 2-3 proposed Name & Objects of Company
Copy of Business proof of premises where company will be registered
Self certified copy of address proof of all Directors - 2 copies, Anyone of Passport/Voter ID/Driving Lincense/Aadhar Card
Incase of rented premises - Rent agreement + Latest electricity bill in the name of landlord + NOC
Incase of owned premises - Copy of sale Deed + Latest electricity bill in the name of owner

Frequently Asked Questions

FAQ

One Person Company is set to organize the unorganized sector of proprietorship firms. OPC will have incredible prospect and it will be embraced as a booming business model. For small to mid level entrepreneurs, OPC is the scope for them to grow and to get recognition globally even for their single person entity. Comparatively in OPC there will be less paper work. OPC allows a single person to run a company with limited liability, in case of a sole proprietorship.
One Person Company can be started with any amount of capital. There is no requirement to show proof of capital invested during the incorporation process..
In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover exceeds during the relevant period exceeds two crore rupees, then the OPC has to mandatorily convert into private or public company..

 

Only a natural person, who is an Indian citizen and resident in India shall be eligible to incorporate a One Person Company. Explanation: The term "Resident in India" means a person who has stayed in India for a period of not less than 182 days during the immediately preceding one calendar year..
A person can be member in only one OPC..
The Director of the OPC can be remunerated and contracts can be entered with it shareholders and its directors. Directors’ remuneration, rent and interest are deductible expenses which reduces the profitability of the Company and ultimately brings down taxable income of your business..

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