ONE PERSON COMPANY REGISTRATION
@ 8000/- ONLY
WHAT IS INCLUDED IN PACKAGE
Class-3 DSC for One Promoter and Nominee
DIN for One Director
Unique Name of the Company
Certificate of Incorporation
MOA & AOA
PAN Card Number the of Company
TAN of Company
PF Registration Certificate
ESI Registration Certificate
Current Bank Account Number
REGISTRATION BUSINESS AS ONE PERSON COMPANY (OPC)
Only natural person who is Indian Citizen and Resident in India in preceding financial year can incorporate OPC. Only one person is needed to start an OPC and such person shall be sole member of the OPC. A Nominee of such sole member shall also be appointed at the time of incorporation of the company.
One Person Company is suitable for small businesses where the turnover is not likely to cross Rs. 2 Crores and the maximum amount of capital is limited to Rs. 50 Lac. An OPC can have more than one director.
FEATURE AND ADVANTAGES OF ONE PERSON COMPANY
1. SEPARATE LEGAL EXISTENCE:
A One Person Company is a separate legal identity in the eyes of law. It means assets and liabilities of the business are not same as the assets and liabilities of the directors and shareholder. Both are considered as different.
3. LEGAL STATUS AND SOCIAL RECOGNITION:
One Person Company is basically a Private Company and Private Limited Company is the most popular business structure in the world. It gives suppliers and customers a sense of confidence in business. Large organizations prefer to deal with private limited companies instead of proprietorship firms. Private Limited business structure enjoys corporate status in society which helps the entrepreneur to attract quality workforce and helps to retain them by giving corporate designations.
2. LIMITED LIABILITY:
If the company undergoes financial distress, the personal assets of Sole member/shareholder cannot be used for paying the debts of the Company.
4. NOMINEE OF SOLE MEMBER:
A unique feature of OPCs that separates it from other kinds of companies is that the sole member of the company has to appoint a nominee while registering the company.
MINIMUM REQUIREMENTS TO REGISTER
ONE PERSON COMPANY
1. UNIQUE NAME OF COMPANY:
The proposed name of the company should be unique one and should not be similar or resemble with an existing company or LLP or Registered Trademark or Trademark applied for.
3. NOMINEE OF SOLE MEMBER OF OPC:
Nominee of sole member of OPC shall be appointed at the time of incorporation of the One Person Company, who shall be member of OPC in case of death or disability of sole member.
2. MINIMUM ONE PERSONS:
A One Person Company can be registered by only person, who shall act as the Sole Member and Director of the company and such sole member must be a Natural Person, Indian Citizen and who must stayed in India for at least 182 days during the preceding financial year.
4. CAPITAL REQUIREMENTS:
There is no requirement of minimum Paid up capital to register a One Person Company. Investment can be made as per requirements of business.