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ONE PERSON COMPANY REGISTRATION
Experience a hassle-free and expedited process for One Person Company Registration with us. Empower yourself as the sole decision-maker in just 5-6 business days and embark on your journey as a successful entrepreneur.
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ONE PERSON COMPANY REGISTRATION
n 2013, the Government of India introduced a revolutionary concept called One Person Company, recognizing the significant contribution of solo entrepreneurs to the economy.
Under Section 2(62) of the Companies Act 2013, a One Person Company is defined as a company with a single individual as its member. This business structure provides various advantages to individual entrepreneurs, including access to credit, bank loans, and the market. Furthermore, the annual compliance requirements for One Person Companies are comparatively simpler than those for other company structures, such as Private Limited Company Registration online or Public Limited Company Registration online.
Previously, sole proprietorship was the only viable option for a single person to establish a business. However, sole proprietorship firm registration has its own drawbacks, particularly in terms of compliance requirements. Therefore, for individuals seeking a single-person business setup, One Person Company registration or OPC company registration online is the ideal choice.
For example, a company’s name can be incorporated as ABC (OPC) Private Limited.
Take advantage of the convenient option offered by VakilTrust for Online One Person Company Registration in India, available at an affordable price of just ₹ 6490/- .
BENEFITS OF ONE PERSON COMPANY REGISTRATION
ADVANTAGES OF OPC COMPANY REGISTRATION
DISADVANTAGES OF ONE PERSON COMPANY REGISTRATION
DISADVANTAGES OF OPC COMPANY REGISTRATION
Documents required for Micro Registration
- Identity Proof
- PAN / Passport / Driving License / Voter ID Card
- Address Proof
- Aadhar Card / Bank Statement / Electricity Bill / Telephone Bill
- Consent of nominee in INC 3
- MOA & AOA
- Affidavit from subscriber and first director in form INC 9
- Proof of registered office address
- Consent from director
CHECKLIST FOR OPC REGISTRATION PROCESS ONLINE
CRUCIAL FOR YOUR OPC COMPANY REGISTRATION
1) A minimum & maximum of 1 person.
2) 1 Nominee must be appointed before completing the one person company registration process.
3) Form INC-3 stating the consent of the nominee must be filed.
4) The name of the proposed OPC must be selected according to the provisions of the Companies Incorporation Rules, 2014. The format is XYZ (OPC) Private Limited.
5) Authorized Capital of Rs. 1 lakh (minimum).
6) Complete List of documents required for OPC Company Registration online (as mentioned above).
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