OPC registration

All about (OPC registration) One Person Company

Venturing into the realm of One Person Company Registration (OPC) in India presents a fascinating interplay of legal simplicity and corporate fusion, tailor-made for solo entrepreneurs. OPC, an ingenious blend of sole proprietorship and corporate structure, comes adorned with an array of regulatory flexibilities artfully embedded in the Companies Act. It stands as a corporate entity where the weight of compliance is significantly lighter than its Private Limited counterpart, making OPC registration a swift, straightforward, and cost-effective process.

The One Person Company (OPC) takes shape when a solitary individual assumes the dual roles of director and shareholder within a business entity. The advent of this concept found its roots in the Companies Act of 2013, carving out a unique niche. Furthermore, an OPC mirrors the essence of a sole proprietorship, yet dons the corporate garb, vesting the singular individual with ultimate authority, while mitigating their liabilities and responsibilities.

The formation of a company necessitates only one Director and one member, as per Section 2 (62) of the Companies Act 2013. OPC registration in India beckons as an entity with minimal compliance baggage, distinguishing it from the complex web of requirements associated with Private Limited Companies.

Embarking on the journey of One Person Company registration is a streamlined and budget-friendly affair, meticulously managed by New Startup Event's seasoned professionals. In stark contrast to the prerequisites of private limited companies, you are not compelled to seek out multiple individuals for directorship in the case of a one-person company. Single-handedly, you can lay the foundation for your company without the need for external partnerships. The process of registering a One Person Company is marked by its swiftness and simplicity, all achievable through a seamless online procedure consisting of the following user-friendly steps:

Why Choose OPC to start your business?

There are several reasons to choose OPC to jumpstart your business journey:

Eligibility To Apply An Online OPC Registration

Before registering a private limited company, you must meet certain requirements as per the Companies Act of 2013:

  1. Indian Citizenship: The Director/Shareholder must be an Indian citizen and a resident of India. NRI or Foreign Nationals are ineligible for OPC registration in India.
  2. Majority Age: The owner must attain the age of 21 before initiating one-person company registration. Minors are excluded from OPC membership.
  3. Nominee Appointment: During OPC Incorporation, the promoter must select and provide KYC details for a nominee.
  4. Minimum Capital: While OPCs don’t require a minimum paid-up capital, they must be registered with a minimum authorized capital of Rs. 1 Lakh.
  5. Unique Company Name: The company’s name must be distinctive and unique, with no similarity to existing registered Indian companies or trademarks.

Documents Required for Private Limited Company Registration

The documentation requirements for company registration are straightforward:

Documents for Company Directors

1. Photo identification.

2. PAN (Permanent Account Number).

3. Aadhar card.

4. Address proof.

5. Proof of identity.

 Documents for the Company’s Registered Office Address

1. The latest utility bill (electricity or other) in the owner’s name.

2. A rental agreement between the owner and the company promoter.

OR

3. A No Objection Certificate (NOC) from the owner if the owner is also the company’s promoter.

Acceptable Address Proof: Bank statements, electricity bills, telephone bills, mobile bills (not older than two months).

Acceptable Proof of Identity: Driver’s license, voter ID card, passport (any one of these).

BASIC PACKAGE

3-5 Days
5199
  • Company Name Approval
  • Certificate of Incorporation
  • Current account assistance
  • 1 DIN, PAN & TAN
  • eMoA
  • eAoA

STANDARD PACKAGE

5-7 Days
7499
  • Company Name Approval
  • Certificate Of Incorporation
  • Current account Assistance
  • 1 DIN, PAN & TAN
  • 2 DSC
  • GST Registration
  • MSME guide
  • eMoA & eAoA

PREMIUM PACKAGE

10 Days
12499
  • Company Name Approval
  • Certificate Of Incorporation
  • Current account Assistance
  • Website development
  • 1 DIN, PAN & TAN;
  • 2 DSC
  • GST Registration
  • eMoA & eAoA
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