One Person Company (OPC) Incorporation in India

When you do not have any Partners, A SINGLE person can form a Private Limited Company with One Nominee
OPC is also treated as a Private Limited Company and Eligible for Startup Registration apply as well

The concept of One Person Company (OPC) is introduced with Companies Act, 2013. Any one person who is an Indian citizen and resident in India is eligible to incorporate One Person Company. This form of company formation is perfect replacement for sole proprietorship model of businesses and eligible to apply for StartupIndia Recognition, Bank credit facilities and more preferences than a informal business of sole proprietorship. OPC is fit for a small business running independently. Appointment of One Nominee is must ( Indian Resident age not less than 18 years). an OPC Can have more than one directors, but the shareholder limited to one person only.

• Single Shareholder and Director can be same person.
• Maximum 15 Directors allowed
• 1 Nominee is mandatory ( Indian Resident)
• Eligible to apply for Startup Recognition
• Annual Statutory Audit compulsory by Practicing CA
• Annual ROC Filing Mandatory
• Income Tax rate @ 22% on net profit
• Separate Legal Entity and Limited Liability
• A person can be member in only one OPC. Means a Person can not form more than one OPC.
• IF OPC crosses a turnover of over Rs 2 crores or has a paid-up capital more than Rs 50 lakhs. It must be converted into a private or public within 6 months.
• Business ownership control by single person.

Proposed Company name must be unique. The suggested name should not match or identical with any existing companies or trademarks in India. # We help here to choose name.
All Proposed Director(s) must have Active DIN
Digital Signature for proposed Director(s)/Shareholder
Decide Paid-up Share Capital
Decide Authorised Share Capital. ROC Fee & Stamp duty based on Authorised Capital. Low Capital - Less Govt Fee.
Decide Company Registration State and Office address

Below are given documents and details required for Owner (Shareholder sum Director) and Nominee both

• Photographs
• PAN card Copy
• ID Proof - Driving License / Voter ID / Passport (anyone)
• Address Proof - Bank Statement / Telephone or Mobile or Electricity Bill (not more than 30 days old)
• Email ID and Mobile Numbers
• Aadhar card ( Optional )
• Proposed Company Registered Office Address Proof - Telephone or Mobile or Electricity Bill (not more than 30 days old) + NOC from property owner
• DIN of Owner (Shareholder sum Director)

After Company incorporation, you will receive below documents -

• Company Certificate of Incorporation
• Memorandum of Association & Article of Association (MOA & AOA)
• PAN Card and TAN Allotment
• EPF & ESI Registration
• Digital Signatures (Class 2)
• Directors Identification Number (DIN)
• Post incorporation Compliance Advice
• Assist in Bank A/c Opening
• Professional Tax Registration ( in Maharastra Only)
• GST Registration (Optional)

Easy & Hassle free online process