ONE PERSON COMPANY OPC REGISTRATION STARTING @ 6499*/-

✓ Includes All Government Fees
✓ Includes Professional Fees also
✓ Company Name Reservation
✓ DIN for 1 Director
✓ Digital Signature for 1 Director
✓ MOA & AOA
✓ Guidance to open local Bank Account
✓NO HIDDEN FEES

* Price may varry in Punjab, Kerala, Tamil Nadu, Karnataka & Madhya Pradesh

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About One Person Company Registration In India

Under the Companies Act, One Person Company in India was introduced in 2013 to support entrepreneurs who are capable of starting a venture by allowing them to create a single person economic entity. One of the massive advantages of a One Person Company (OPC) is that there can be only one member in a OPC, while a minimum of two members are required for maintaining and incorporating a Limited Liability Partnership (LLP) or a Private Limited Company. A One Person Company is a separate legal entity from its promoter, offering limited liability protection to its sole shareholder, while having continuity of business and being easy to incorporate.

Though a One Person Company allows a lone Entrepreneur to operate a corporate entity with limited liability protection, a OPC does have a few limitations. For example, every One Person Company (OPC) must nominate a nominee Director in the MOA and AOA of the company - who will become the owner of the OPC in case the sole Director is disabled. One Person Company must be reconstructed into a Private Limited Company if it crosses an annual turnover of Rs.2 crores and must file audited financial statements with the Ministry of Corporate Affairs at the end of every Financial Year like all types of Companies. Therefore, it is important for the Entrepreneur to precisely consider the features of a One Person Company prior to incorporation.

Finance Bazaar is the market leader in company name registration services in India, offering a variety of company registration like one person company registration, private limited company registration, Nidhi Company Registration, Indian Subsidiary registration, Producer Company Registration and Section 8 Company Registration. It takes around 10-15 working days to complete a one person company, subject to government processing time and client document submission. Get a free consultation for business setup and one person company registration in Delhi by scheduling an appointment with an Finance Bazaar Advisor.

What is One Person Company Registration ?

A new approach has been introduced in the Company’s Act 2013, about the One Person Company (OPC). In a Private Limited Company, a minimum of 2 Directors and Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 members. A single human could not incorporate a Company previously.

But as per Section 2(62) of the Company’s Act 2013, a company can be formed with just 1 Director and 1 member. It is form of a company where the compliance requirements are lesser than that of a private company.

Members of a company are nothing but subscribers to its, shareholders or memorandum of association. So, an OPC is effectively a company that has only one stockholder as its member.

Such companies are generally created when there is only one founder for the business. Entrepreneurs whose businesses lie in early stages prefer to build OPCs instead of sole proprietorship business because of the several advantages that OPCs offer.

Difference between OPCs and Sole Proprietorships

A sole proprietorship form of business might seem very identical to one person companies because they both involve a single person owning the business, but there actually exist some differences between them.

The major difference between the two is the nature of liabilities they carry. Since an OPC is a independent legal entity distinguished from its promoter, it has its own assets and liabilities. The advertiser is not personally liable to repay the debts of the company.

On the other hand, sole proprietorships and their proprietors are the same individual. So, the law allows sale and attachment of promoter’s own assets in case of non-fulfillment of the business’ liabilities.

The Impact of OPC in Indian entrepreneur:

The idea of an OPC is very recent in Indian entrepreneurship and thus very radical, it will take time for such a new concept to be incorporated with complete ability, and when the time will pass, OPC will have a sparkling future and it will be embraced as a most successful business concept. The reason behind it is the incorporation of same is less paper work, one person can form a company without any additional shareholder, and if the member is willing to add stockholders, all he needs to do is to modify the Memorandum of Association and file it before Roc.

Small entrepreneurs will grow in Indian entrepreneurship, be it weaver, traders, artisans, small to mid level entrepreneurs, OPC is a bright future for them to grow and to get a recognition globally. External financier will be dealing with one representative to build a corporate relationship and not with a score of shareholders/directors where there are more chances for disparity in Ideas, concepts etc for a business to grow.

Any foreign company who wishes to set up in India through an Investment, through a merger or through a Joint venture will have to just lock the deal with the representative  of an OPC, and the venture will be expected to start sooner with more effective results. In upcoming years the impact of an OPC will be extraordinary and it is a promising future for Indian Entrepreneurship.Hopefully, there will be good Joint Ventures, Foreign Investments, and Mergers etc. An OPC is doing well in United States, In European Countries, Australia the same is resulting in strengthening the economy of the countries.

In India when the expert committee of Dr. Jamshed Jiji Irani projected the idea of an OPC, it was only aimed for the structured business, with a different legal entity altogether and to organize the private sector of the entrepreneurship, which indeed is expected to be done, along with a compelling growth in Indian Economy benefiting the country on the Global Level.

 

One Person Company (OPC) Registration Process:

Step 1: Name Approval Application in RUN online

Step 2: After name Approval, documentation start

Step 3: Digital Signature Certificate DSC initiate

Step 4: SPICE 32, SPICe 33 MOA, SPICe 34 AOA filing with MCA

Step 5: Filing Forms with MCA company registration

Step 6: Issue of certificate of Incorporation

* For Name availability under RUN Web service, there is no prior requirement to obtain DSC and DIN . It can also be done with account login on MCA portal.

 

  1. Apply for DSC: The first Step is to attain the Digital Signature Certificate (DSC) of the proposed Director which required the following documents:
  • Address Proof
  • Aadhaar card
  • PAN card
  • Photo
  • Email Id
  • Phone Number
  1. Apply for DIN:Once you are done with Digital Signature Certificate (DSC), the next step is to apply for the Director Identification Number (DIN) of the proposed Director in SPICe Form along with the address proof of the director and the name. The form DIR-3 is the option only available for existing companies. It means with effect from January 2018, the candidate need not file Form DIR-3 separately. Now DIN can be used within SPICe form for up to three directors.
  2. Name Approval Application:The next step in OPC is to decide on the name of the Company. The brand name of the Company will be in the form of “ABC (OPC) Private Limited”.

There are 2 opportunities available for getting name approved by making application in Form SPICe 32 or by using RUN Web service of MCA by giving only 1 preferred name along with the significance of keeping that name. The effect from 23rd March, 2018, Ministry of Corporate Affairs  has decided to grant two proposed Names and one re-submission (RSUB) while reserving Unique Names (RUN Service) for the Companies.

Once the name is approved by the MCA we move on to the next step. 

  1. Documents Required: We have to arrange the following documents which are required to be submitted to the ROC:
  2. The Memorandum of Association (MoA) which are the objects to be pursued by the Company or stating the business for which the company is going to be incorporated.
  3. The Articles of the Association (AoA) which lays down the by-laws on which the company will achieve.
  4. There are only 1 Director and a Member, a nominee on behalf of such person has to be appointed because in case he becomes incapacitated or dies and cannot complete his duties the nominee will perform on behalf of the director and take his place. His approval in Form INC – 3 will be taken along with his PAN card and Aadhar Card.
  5. Evidence of the Registered office of the proposed Company along with the proof of ownership and a NOC from the owner.
  6. Affidavit and Consent of the proposed Director of Form INC -9 and DIR – 2 resp.
  7. Acknowledgment by the professional certifying that all compliances have been made.
  8. Filing of forms with MCA company registration: All these certificates will be attached to SPICe Form, SPICe-MOA and SPICe-AOA along with the DSC of the Director and the professional, and will be uploaded to the MCA site for confirmation.

After uploading, Form 49A and 49B will be generated for the TAN and PAN generation of the Company which have to be uploaded to MCA after affixing the DSC of the proposed Director.

  1. Certificate of Incorporation: It is a legal certificate relating to the formation of a company or corporation. It is a certificate to form a corporation issued by state government or, in some jurisdictions, by non-governmental entity. On authentication, the Registrar of Companies (ROC) will issue a Certificate of Incorporation and we can begin our business.

Super Fast One Person Company OPC

Finance Bazaar offers the fastest one person company OPC Registration package across India. We take only approximately 10 to 15 working days to register your company.

Cheapest OPC Registration Package

We offer you the cheapest one person company (OPC) registration service across India because we know that you are starting up with you own hard earned savings.

Expert Professional CA handles registration

At Finance Bazaar, we work only with experienced Chartered Accountants & Company Secretaries to handle your OPC registration.

Status Update on OPC Registration

Unlike other online service providers, we update you on Whatsapp regarding your OPC registration as soon as there is any change.

100% Online Registration Service

Fully online service so that you can start and complete the registration process without running around from the comfort of your home or office.

No Hidden Charges for Any Registration

We are very transparent and display full charges on our website. We don’t have any hidden charges. You pay only what you see.

Generating New Ideas. Solving Big Problems

We are here to help you dream BIG.

startups registered

Satisfied Clients

cities & towns served

Cups Of Coffee

ONE PERSON COMPANY OPC REGISTRATION PACKAGES

Always know what you’ll pay.

PACKAGE 1

OPC PVT LTD REGISTRATION

+

MSME REGISTRATION

Package Details

Company Name Reservation

Certificate Of Incorporation

1 Director

1 DIN & 1 DSC

1 Lakh Capital

MOA & AOA

PAN & TAN

All Government Fees

Includes Professional Fees

UDYOG AADHAAR MSME Registration

Rs.6499/- Flat

No hidden Charges. No Extra Charges.

PACKAGE 2

OPC PVT LTD REGISTRATION

+

MSME REGISTRATION

+

GST REGISTRATION

Package Details

Company Name Reservation

Certificate Of Incorporation

1 Director

1 DIN & 1 DSC

1 Lakh Capital

MOA & AOA

PAN & TAN

All Government Fees

UDYOG AADHAAR MSME Registration

GST Registration

Rs.7499/- Flat

No hidden Charges. No Extra Charges.

PACKAGE 3

OPC PVT LTD REGISTRATION

+

MSME REGISTRATION

+

GST REGISTRATION

+

TRADEMARK REGISTRATION

Package Details

Company Name Reservation

Certificate Of Incorporation

1 Director

1 DIN & 1 DSC

1 Lakh Capital

MOA & AOA

PAN & TAN

All Government Fees

UDYOG AADHAAR MSME Registration

GST Registration

TRADEMARK Registration

Rs.13999/- Flat

No hidden Charges. No Extra Charges.

5 STEPS TO SUCCESSFUL ONE PERSON COMPANY REGISTRATION

Pay Advance Rs. 1000 and Book Company Name with Government

The first step is to think of 2 unique names and apply for company name reservation with Ministry of Corporate Affairs. You have to pay Rs. 1000 to Government for booking company name online.

Email or Whatsapp required Documents to Experts at Finance Bazaar

It takes 48 hours for name approval. While the name approval is under process, email or whatsapp the required documents with us and we shall analyse these documents. 

Company Name Approved or Not Approved?

If company name is approved, then pay the balance fees to us and we shall file the papers with Ministry of Corporate Affairs. If company name is not approved, then we have to re-apply for name with MCA.

Sign and Email us scanned copies of documents required for registration

Once the company name is approved, we shall email you few documents for signing. Sign and email us backed scanned copies of these documents. We shall also generate your digital signature. 

Company Registration Complete within 10 to 15 working days

Our expert CA will prepare and file the papers. If all papers are complete, we can expect the company registration to be completed in 10 to 15 working days. You will get your Certificate of Incorporation.

5 STEPS TO SUCCESSFUL ONE PERSON COMPANY REGISTRATION

Pay Advance Rs. 1000 and Book Company Name with Government

The first step is to think of 2 unique names and apply for company name reservation with Ministry of Corporate Affairs. You have to pay Rs. 1000 to Government for booking company name online.

Email or Whatsapp required Documents to Experts at Finance Bazaar

It takes 48 hours for name approval. While the name approval is under process, email or whatsapp the required documents with us and we shall analyse these documents. 

Company Name Approved or Not Approved?

If company name is approved, then pay the balance fees to us and we shall file the papers with Ministry of Corporate Affairs. If company name is not approved, then we have to re-apply for name with MCA.

Sign and Email us scanned copies of documents required for registration

Once the company name is approved, we shall email you few documents for signing. Sign and email us backed scanned copies of these documents. We shall also generate your digital signature. 

Company Registration Complete within 10 to 15 working days

Our expert CA will prepare and file the papers. If all papers are complete, we can expect the company registration to be completed in 10 to 15 working days. You will get your Certificate of Incorporation.

Why we are different

Finance Bazaar offers services from startup registration and management to insurance and loans. We offer the cheapest and fastest professional services in Gurgaon, Delhi, Mumbai, Bangalore, Pune, Hyderabad, Telangana, Assam, Jaipur, Jodhpur, Chennai, Kerala, Kolkata, Vadodara, Ahmedabad, Noida, Faridabad, Ghaziabad, Greater Noida, Baddi, Rudrapur,  Punjab, Uttarakhand, Haridwar, Madhya Pradesh and many other cities across India. Our charges for company formation in India is among the cheapest and most affordable. We deliver what we promise. Always.

From Our Clients

Our clients give their honest and genuine testimonials and feedback

“I had an excellent experience during the whole registration process and never faced any problems. Finance Bazaar team is awesome.”

Harmeet Singh

founder, Infinibux Investments

“Most important of all I found their customer support team very friendly and supportive. They answered all my questions and never lost patience. Thanks for getting the job done.”

Jaspreet Kaur, Punjab

Promoter, Consulting Firm

“All other online servie providers quoted very high fees for company registration. Over here I found the best deal and got my startup registered within 12 days.”

Chandrima Barman

founder, Windberry Innovations

“Want to be an entrepreneur? Well, you have come to the right place buddy. These guys know their job and will help you get started quickly. No hassles, no worries.”

Surya Kumar Chatterjee

Director, Novosun Unibiz

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