OPC Registration
No more delays or difficulties!
Easy to create and run
Minimum Paperwork
A Separate Legal Entity
OPC Registration Online - An Overview
The structure of the one person company (OPC) in recent times was launched as a refinement of the structure of a sole proprietorship firm. In an OPC, a single promoter gains full authority over the company thereby, restricting his/her liability towards their contributions to the enterprise. Therefore, the said person will be the sole shareholder and director (however, a director nominee is present, but has zero power until the real director proves incapable of carrying on). Also, there can be no opportunity for contributing to employee stock options or equity funding. Additionally, if an OPC has an average turnover of ₹2 crores thrice in a row and over or acquires a paid-up fund of ₹50 lakh and over, it has to be converted to a private limited company or public limited company within six months.
Benefits Of OPC Registration
- Limited Liability Protection to Directors personal assets
- Better image and credibility in Market
- Easy to raise funds and loans
- Helps for Testing of Business Model and Enables Funding
- Complete Control of the Company with a Single Owner
- Easy to Sell
Obtain DSC
Apply for the DIN
Application for the name availability
Submission of MoA and AoA to register a private limited company
Apply for the PAN and TAN of the company
RoC issues a certificate of incorporation with a PAN and TAN
Documents Required for OPC Registration
- PAN Card: PAN Card of Partners. Foreign nationals must provide a valid passport.
- Photograph : Latest Passport size photograph of Partners.
- Identity Proof: Aadhar card and Voter ID/ Passport/ Driving License of Partners
- Patner’s Address Proof: Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Partners.
- Business Address Proof: Latest Electricity Bill/ Telephone Bill of the registered office address
Note: In case of NRI or Foreign National, documents of Partners must be notarized or apostilled