ONE PERSON COMPANY
A One Person Company (OPC) is a type of business structure in India that allows a single individual to own and operate a company. It's a legal entity separate from its owner, providing limited liability protection.An OPC can be started and operated by just one person. It's ideal for solo entrepreneurs who want to run a business without the need for partners or co-founders.
STARTING FROM RS. 7999/-
ABOUT ONE PERSON COMPANY
Single Owner: An OPC can have only one shareholder or owner. This means that one person can form and operate the company without the need for additional shareholders.
Limited Liability: One of the key advantages of an OPC is that the liability of the owner is limited to the extent of their shareholding. In case the company faces financial difficulties or legal issues, the personal assets of the owner are generally protected, and their liability is limited to the amount of capital they have invested in the company.
Separate Legal Entity: An OPC is considered a separate legal entity, distinct from its owner. This means it can own assets, incur debts, and enter into contracts in its own name.
Nominee Director: In addition to the sole owner, an OPC must appoint a nominee director. The nominee director is someone who can take over the management of the company in case the owner becomes incapacitated or dies. The nominee director's role is limited, and they do not have any ownership rights in the company.
Limited Compliance: OPCs have relatively fewer compliance requirements compared to larger companies. They are exempt from certain statutory requirements applicable to other types of companies, such as holding annual general meetings if there is only one member.
Conversion: An OPC can be converted into a private limited company once it meets certain criteria, such as exceeding a specified turnover or capital limit. This allows for flexibility in business growth.
Name of the Company: The name of an OPC must end with "One Person Company" to indicate its legal structure.
Taxation: OPCs are subject to corporate tax rates applicable to companies. They are required to file income tax returns and adhere to tax regulations.
PROCESS OF OPC INCORPORATION
1. CHOOSE A COMPANY NAME
To find out the availability of your proposed name, simply enter it into our online company name-check tool. This system will compare any name you enter against the Index of Company Names at Companies House.
2. SELECT A COMPANY FORMATION PACKAGE
We offer a wide selection of packages for companies limited by shares, in addition to tailor-made packages for Non-UK Residents, companies limited by guarantee, Public Limited Companies (PLCs), and Limited Liability Partnerships (LLPs).
3. ADD COMPANY ADDRESS SERVICES
All limited companies must provide details of a registered office. A service address must also be supplied by each director, subscriber, company secretary, and Person with Significant Control (PSC).
4. COMPLETE THE CHECKLIST PROVIDED BY US
Our online application form is really easy to complete, requiring only a few minutes of your time. You must provide the following information:
-Company name
-Registered office address
-Description of main business activities (SIC code)
-PAN of the Director and Nominee – self attested color copies
-Aadhar card of the Director and Nominee – self attested color copies
-Passport sized Photograph of the Director and Nominee
-Driving licence / voter ID of the Director and Nominee
-Electricity Bill/water Bill/ Gas bill/ Bank statement of the Director and Nominee
-Electricity Bill/water Bill/ Gas bill of the registered office
PRICING
CHOOSE YOUR PACKAGE
BASIC
*STAMP DUTY INCLUDED
₹ 7999/-
ALL INCLUDES
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1 DIN & 1 DSC
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1 Name Approval Letter
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Stamp duty on Authorized Capital upto INR 1 Lakh
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Certificate of Incorporation
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Copy of MOA & AOA (E-Copy)
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E-PAN & E-TAN
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Share Certificates
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ESIC Registration through SPICe Plus
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PF Registration through SPICe Plus
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Bank Account opening through SPICe Plus
STANDARD
*STAMP DUTY INCLUDED
₹ 11999/-
ALL INCLUDES
-
1 DIN & 1 DSC
-
1 Name Approval Letter
-
Stamp duty on Authorized Capital upto INR 1 Lakh
-
Certificate of Incorporation
-
Copy of MOA & AOA (E-Copy)
-
E-PAN & E-TAN
-
Share Certificates
-
ESIC Registration through SPICe Plus
-
PF Registration through SPICe Plus
-
Bank Account opening through SPICe Plus
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MSME Registration
-
GST Registration
-
INC 20A filing
PROFESSIONAL
*STAMP DUTY INCLUDED
₹ 12999/-
ALL INCLUDES
-
1 DIN & 1 DSC
-
1 Name Approval Letter
-
Stamp duty on Authorized Capital upto INR 1 Lakh
-
Certificate of Incorporation
-
Copy of MOA & AOA (E-Copy)
-
E-PAN & E-TAN
-
Share Certificates
-
ESIC Registration through SPICe Plus
-
PF Registration through SPICe Plus
-
Bank Account opening through SPICe Plus
-
MSME Registration
-
GST Registration
-
INC 20A filing
-
Appointment of 1st Auditor (Form ADT-1)
HOW TO INCORPORATE COMPANY
Process of incorporation of company
DOCUMENTS VERIFICATION
One of the person from our team will collect all the imformation and documents for incorporate company. All documents should be signed. After reciveing documents our expert will verify the same and they will update you time to time for the same.
APPROVAL OF NAME
Once the verification is complete our team will apply for name approval of company which name is given by you. After that they will apply for Digital Signature Certificate also.
CERTIFICATION
Our team will draft the MOA (Memorandum of association) and AOA (Articles of association) and they will also file all the mandatory forms. Once Certificate of incoporation, PAN & TAN recived you can apply for your bank account open.
