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One Person Company (OPC) is a type of private limited company with a single director and shareholder. The government has introduced the concept of OPC just to promote sole proprietorship means business with the single owner.<br>
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Online One Person Company Registration One Person Company (OPC) is a type of private limited company with a single director and shareholder. The government has introduced the concept of OPC just to promote sole proprietorship means business with the single owner. It is registered with the Ministry of Corporate Affairs (MCA) through the Registrar of Companies (ROC) in whose jurisdiction the registered office of the company is situated. There is no minimum capital required to one person company registration but the maximum capital can be Rs. 25 Lakhs if this limit exceeds then the company has to convert itself from OPC to either a private limited company or public limited company as per their requirement. Minimum one director is required in this company but a maximum of 15 persons can be appointed as a director in the company. This company has all the features like other companies for example it is a separate legal entity, director and shareholder has limited liability, perpetual succession, etc. the company can buy properties on its own name including trademark and patent, etc. In OPC one member and one nominee are required, the company cannot issue shares to any other person other than its member. Once the company is registered there is no need to file renewal applications but the company has to do annual compliance every year to avoid penalties, compliance
includes ITR filing, Director KYC, ROC filing, auditor appointment, preparation of balance sheet, profit & loss a/c, etc. Documents Required for One Person Company Registration: Director/ Shareholder/ Nominee 1.PAN 2.Aadhar Card 3.Id proof (voter id/ passport/ driving license); anyone 4.Address proof (bank statement/ mobile bill/ telephone bill/ electricity bill); anyone Registered office proof: 1.Sale deed or house tax receipt if owned and rent agreement if rented 2.Utility bill (electricity bill/ telephone bill/ mobile bill/ gas bill); anyone 3.NOC from the person whose name is mentioned in the bill NOTE: The address proof mentioned shall not be older than 2 months Procedure to Register One Person Company 1.Name reservation: The name application should file first to start the company registration procedure. The name of the company must have “(OPC) private limited” or “(OPC) Pvt Ltd” at the end of the name of the company. The name is valid for only 20 days once it is approved and the procedure of registration must be completed within these days otherwise the name will get expired and for further proceeding, a new name will be applied. 2.Digital signature: The director and shareholder must have DSC before filing the registration application because the form shall be signed by DSC only. 3.Preparation & signing of documents: After name approval, there are certain documents that shall be drafted and the same shall be signed by the director, shareholder & nominee of the company. 4.Submission of final form: After preparation of all documents the final form shall be filled with relevant information and signed by the director or shareholder and the same shall be filed to the registrar for their approval. 5.Issuance of certificate of incorporation: If the registrar is satisfied with the application they will grant the certificate of incorporation and along with the certificate they will issue PAN, TAN, DIN of the director. For more details please click our website at www.registerexperts.com
