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One Person Company

A One Person Company (OPC) is a unique form of business entity that allows a single individual to establish and operate a company with limited liability. Introduced in India under the Companies Act, 2013, OPCs provide sole entrepreneurs with the benefits of limited liability protection while retaining full control over the management and operations of their business. You Can Choose My All Business Consultant as Top Company Registration 

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From consultations to documentation, our team provides guidance for a seamless process.

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What Is One Person Company?

A One Person Company (OPC) is a unique form of business entity that allows a single individual to establish and operate a company with limited liability. Introduced in India under the Companies Act, 2013, OPCs provide sole entrepreneurs with the benefits of limited liability protection while retaining full control over the management and operations of their business. You Can Choose My All Business Consultant as Top Company Registration.

Who Need One Person Company?

  • Sole Entrepreneurs
  • Freelancers and Consultants
  • Small Business Owners
  • Startups and Innovators
  • Professionals
  • Family-Owned Businesses
  • Non-Resident Indians (NRIs) and Foreign Individuals
  • Micro-Entrepreneurs and Self-Employed Individuals

What Are The Key Elements Of One Person Company?

  • Single Owner: Only one person is required.
  • Limited Liability: Personal assets are safe.
  • Separate Legal Entity: Distinct from its owner.
  • Perpetual Succession: Continues via nominee.
  • No Minimum Capital Requirement: Flexible investment.
  • Limited Regulatory Compliance: Fewer filings than Pvt Ltd.
  • Conversion to Private Limited Company: Option available.

What Are The Documents Required For One Person Company?

  • Director’s Documents
  • Registered Office Address Proof
  • Nominee Director’s Documents
  • Consent of the Nominee Director
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Declaration by the Director and Nominee Director (Form INC-9)
  • Affidavit and Consent of the Director (Form DIR-2)
  • Proof of Registered Office Address
  • Director’s Digital Signature Certificate (DSC)

What Are The Benefits Of One Person Company?

  • Limited Liability Protection
  • Separate Legal Entity
  • Perpetual Succession
  • Single Ownership and Control
  • Ease of Formation
  • No Minimum Capital Requirement
  • Tax Benefits
  • Credibility and Professionalism
  • Conversion to Private Limited Company

What Is The Stepwise Process Of One Person Company?

  1. Obtain Digital Signature Certificate (DSC): The first step is to obtain a Digital Signature Certificate (DSC) for the proposed director of the OPC. The DSC is required for digitally signing the incorporation documents.
  2. Obtain Director Identification Number (DIN): The proposed director of the OPC needs to obtain a Director Identification Number (DIN) from the Ministry of Corporate Affairs (MCA). DIN can be obtained by filing Form DIR-3 online along with the necessary documents and fees.
  3. Name Reservation: Choose a unique name for the OPC and check its availability with the Registrar of Companies (ROC) through the MCA portal. Once the name is approved, reserve it by filing Form SPICe+ (Part A) along with the prescribed fees.
  4. Drafting of Memorandum of Association (MOA) and Articles of Association (AOA): Draft the Memorandum of Association (MOA) and Articles of Association (AOA) of the OPC. MOA defines the objectives and scope of the company’s activities, while AOA contains the rules and regulations governing the internal management of the company.
  5. Incorporation Application: Prepare the incorporation documents, including the MOA, AOA, declaration by the director, and consent of the nominee (if applicable). File Form SPICe+ (Part B) online along with the required documents and fees for OPC incorporation.
  6. Verification and Approval: The ROC verifies the incorporation documents and, if everything is in order, issues the Certificate of Incorporation (COI) for the OPC. The COI confirms the formation of the OPC and includes details such as the company name, registration number, and date of incorporation.
  7. Obtain PAN and TAN: After receiving the COI, apply for the company’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) with the Income Tax Department. PAN and TAN are required for tax purposes and opening a bank account in the name of the OPC.
  8. Post-Incorporation Compliance: Fulfill certain post-incorporation compliance requirements, such as obtaining a Digital Signature Certificate (DSC) for the director, preparing and maintaining statutory registers and records, and filing annual returns and financial statements with the ROC.
  9. Open Bank Account: Open a bank account in the name of the OPC with any authorized bank. Submit the COI, MOA, AOA, and other relevant documents to the bank for account opening.
  10. Commencement of Business (If applicable): If the OPC intends to commence business immediately after incorporation, file Form INC-20A to declare the commencement of business within 180 days of incorporation.

Frequently Asked Questions

A One Person Company (OPC) is a type of business entity that can be formed by a single individual, providing limited liability protection while allowing the owner to have full control over the business.
Any individual who is an Indian citizen and resident in India can form a One Person Company. Foreign nationals, non-resident Indians (NRIs), and Persons of Indian Origin (PIOs) are not eligible to form an OPC.
Some advantages of OPC registration include limited liability protection, separate legal entity status, single ownership and control, ease of formation, and tax benefits.
No, there is no minimum capital requirement for OPC registration. The owner can start the company with any amount of capital deemed necessary for the business.
Top CAs have a proven track record of successfully navigating the registration process, minimizing errors and delays, and ensuring compliance with OPC regulations.
No, an OPC can have only one director, who is also the sole shareholder of the company. However, the owner can appoint a nominee director who will take over in the event of the owner's death or incapacity.
Visit our website, choose the service, fill out the form, submit documents, make payment, track your application, receive confirmation.

Pricing Plans

Basic Message

14999/-

  • DSC for Director
  • DIN for Director
  • Name approval of the Company
  • MOA & AOA for the Company
  • Certificate of Incorporation (COI)
  • PAN Number for the company
  • TAN Number for the company
  • MSME Registration
  • GST Registration

Super Package

24999/-

  • DSC for Director
  • DIN for Director
  • Name approval of the Company
  • MOA & AOA for the Company
  • Certificate of Incorporation (COI)
  • PAN Number for the company
  • TAN Number for the company
  • MSME Registration
  • GST Registration
  • 12 Months GST Return Filling

*MSME Package*

49999/-

  • DSC for Director
  • DIN for Director
  • Name approval of the Company
  • MOA & AOA for the Company
  • Certificate of Incorporation (COI)
  • PAN Number for the company
  • TAN Number for the company
  • MSME Registration
  • GST Registration
  • 12 Months GST Return Filling
  • 1 Year Income Tax Return
  • 12 Months Accounting in Tallyprime
  • Balance Sheer and Profit & Loss
  • Annual MCA/ROC Compliace
  • 1

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