OPC Registration Online
OPC Name approval in 3 days
Register one person company (OPC) in India through LegalShark. Our expert company lawyer will help you in registering OPC in India. Register you business Online easily.
- Incorporation Certificate
- MOA + AOA
- PAN + TAN
- DIN
- DSC
- ESI + PF
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Here's How It works !
Register your one person company in 3 easy steps.
1. Fill Form
Simply fill the above formto get started.
2. Call to discuss
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3. Get Incorporation
Get your Company Incorporated
OPC Registration Guide Step by Step
Registering your business as a One Person Company (OPC) is a strategic move towards establishing a legal identity that offers several advantages and simplifies your entrepreneurial journey.
In this article, we’ll delve into the intricacies of OPC registration, covering eligibility criteria, the registration process, costs, compliance requirements, and more.
What is an OPC?
An OPC is a type of company structure that allows a single individual to own and manage a business while enjoying limited liability protection. This structure combines the benefits of a sole proprietorship and a private limited company, offering flexibility and legal protection to the business owner.
Advantages of One Person company
Registering your business as an OPC (One Person Company) keeps your personal money separate from your business. This means if your business struggles with money or legal problems, your personal things like savings or home are safe.
- Limited Liability: The liability of the owner is limited to the extent of their shareholding, protecting personal assets.
- Separate Legal Entity: An OPC is considered a separate legal entity from its owner, enhancing credibility and facilitating contracts and agreements.
- Perpetual Succession: The existence of the OPC is not affected by changes in ownership, ensuring continuity and stability.
- Easy Funding: OPCs can attract investment and raise capital more easily compared to unregistered businesses.
How To Register OPC in India?
To register a One Person Company (OPC) in India, you first need to select a unique name for your company and get it approved by the Registrar of Companies (ROC). Then, you’ll need to prepare and file the necessary documents, such as the Memorandum of Association (MOA), Articles of Association (AOA), and identity proofs of the director and shareholder.
Procedure for OPC Registration
Documents Required for OPC Registration
The documents typically required for OPC registration include:
- Identity and Address Proof of the Director/Shareholder
- PAN Card of the Director/Shareholder
- Passport Size Photo
- Lastest Passbook Copy
- Nominee’s Documents
- Address Proof (Electric Bill, Gas Receipt, Tele phone bill, Tax Receipt)
Eligibility Criteria for OPC Registration
- Minimum 1 Directors
- Minimum 1 Nominee
- Single Shareholder
- Minimum Authorised Share Capital
- DSC(Digital Signature Certificate)
- DIN(Director Identification number)
Why Chose LegalShark For OPC Registration in India?
We make registration easily and fully comply with the company law
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Faqs On OPC Registration in India
An OPC is a type of business entity in India that allows a single individual to establish a company with limited liability.
Any Indian resident who is not a minor and does not already own another OPC or partnership firm can register an OPC.
Advantages include limited liability, separate legal entity status, easy funding options, perpetual succession, and enhanced credibility.
Disadvantages include compliance burden, restrictions on ownership, and limitations on converting to other company types.
There is no minimum capital requirement for registering an OPC in India.
Yes, an OPC can be converted into a private limited company after fulfilling certain criteria and procedures.
Compliance requirements include annual filing of financial statements, appointment of an auditor, conducting board meetings, and GST compliance if applicable.
No, only Indian residents are eligible to register an OPC in India.
OPCs are taxed at the corporate tax rate and must comply with income tax regulations and GST rules if applicable.
