SELECT * FROM pages WHERE main_menu_id='1' and sub_menu_id='1' and sub_sub_menu_id='4' and section='slider section'
slide1 740e99056b5f345485c14237bfb1a70d.jpg

Package inclusions

  1.  Free Incorporation Advisory by expert Chartered Accountant

  2.  DSC & DIN of Directors

  3.  Name Reservation

  4.  Consent of Nominee

  5.  MoA & AoA

  6.  Form INC-32 Approval

  7.  Company PAN & TAN

₹ Register one Person Company for proprietors with limited liability and Perpetual Existence-Register Online and fast

  • Complete solution for starting a Nidhi Company, including incorporation of limited company, issue of shares and obtaining Nidhi status.

REQUEST A CALL BACK

Overview

This format has been introduced in India recently as an improvement over sole proprietorship, and refers to the type of company where number of directors may be one or more, but there can be only one shareholder. Simply, a company incorporated by a single person and take all the benefits of a limited liability is referred to as a one person company. There is no requirement of a second party as in the co-founder of the company.

This concept support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. One of the biggest 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 incorporating Private Company or a LLP. Similar to a Company, a OPC 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.

The OPC format has been gaining huge popularity in India and is growing in leaps and bounds, attributing mainly to its ease of incorporation and no third-party intervention. It has also been contributing massively to our economic development, as it supports aspiring entrepreneurs who have the creativity and capability to start their own venture, thereby encouraging great potentials to jump on the start-up boat and sail it to ‘the land of happy times’.

Though an OPC format allows a lone entrepreneur to operate a corporate entity with limited liability protection, every 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 no longer able to run the company owing to death or disability.

An OPC must be converted to a Private or Public Limited Company within six months if it crosses anannual turnover (averaged over three years) of INR 2 crores, or has a paid-up capital of INR 50 Lakhs. Like all other companies, OPCs are also required to file their audited financial statements with the Ministry of Corporate Affairs at the end of each financial year.

Complykart is the Industry leader and trusted Company in Registration and managing hundreds of Companies across India. With a team of expert professionals, we offer exceptional services in minimum time. Get a free consultation for One Person Company registration and business setup in India by scheduling an appointment with our expert professionals.

 

Advantages of OPC

complykart
Single member incorporation and operation

The main advantage of the OPC is that it can be incorporated and managed by a single person with a vision to start and run a business, without any third party interference. Furthermore, it provides an advantage over Sole Proprietorship by limiting the liability of assets of its owner.

complykart
Perpetual succession

The company retains its legal status even after the death or incapacity of its sole member, but passing down the ownership to its nominee director which is mandatory by the Law.

complykart
Easy incorporation and Sustenance

One Person Company (OPC) needs to meet comparatively less compliances than a Private or Public Limited Company and is also relieved from procedural formalities such as Annual General Meetings General Meetings and Extraordinary General Meetings.

complykart
Limited liability

The member has no personal liability to the creditors of the company for its debts therefore their personal assets are safe.

complykart
Can act as Stockbroker or Sub-broker

Although an OPC cannot open its stocks for public, being a juristic person, it can invest in other companies’ stocks, and can also act as stockbroker or sub-broker.

Registration Procedure

  • 1

    The documents, as explained by our experts should be readied before starting the registration process. This includes a registered office address with documentary proof.

  • 2

    All document submissions are done electronically and hence every company must obtain a Digital Signature Certificate (or DSC), which is used to verify the authenticity of the documents.

  • 3

    An application for the reservation of a suitable name must be made in Form RUN which is approved by the Registrar in 2-3 days.

  • 4

    Memorandum & Article of Public Company are drafted which contains the place of business, its Business and other functioning of Company.

  • 5

    The Shareholder of OPC is required to appoint an individual as nominee who will act in the event of uncertainties.

  • 6

    The Form is filed with Registrar of Companies and registration fee for the company is paid and every change is made in the legal documents which are then verified.

Documents Required for Registration

PAN is mandatory for Member and Nominee.

  • PAN is mandatory for Member and Nominee.
  • Notarized copy of Passport for Foreign Nationals
  • Reservation of Application of name in RUN Form.
  • Identity Proof of Member and Nominee.
  • Address Proof of Member and Nominee.
  • Copy of Proof of Registered Office Address.
  • Written Consent o0f Nomine in Form INC-3.
  • If the place is rented, the No objection certificate from the landlord is required.

Compare your Options

Comparison of Popular Company Registration Options

All Features

Price

  • Recommended for
  • Venture Capital Funding
  • Limited Liability Protection
  • Dividend Tax
  • Deposits from public
  • Share Listing in Stock Exchange
  • Credibility

Public Limited

₹37899

  • Growth Stage and also for early stage with broad business vision
  • 10/10

Private Limited

₹12999

  • Early-stage entrepreneurs with broad business vision
  • 7/10

Limited Liability Partnership

₹7999

  • Professional service firms
  • 5/10

Why ComplyKart

Protect A Brand

Lomo sriracha cold-pressed butcher, deep v shabby chic health goth cred neutra. Raw denim gochujang franzen organic artisan

File Tax Returns

Lomo sriracha cold-pressed butcher, deep v shabby chic health goth cred neutra. Raw denim gochujang franzen organic artisan

GST Services

Lomo sriracha cold-pressed butcher, deep v shabby chic health goth cred neutra. Raw denim gochujang franzen organic artisan

Team Strength

Lomo sriracha cold-pressed butcher, deep v shabby chic health goth cred neutra. Raw denim gochujang franzen organic artisan

GST Consultation

Get free consultation on GST Registration and Returns from a ComplyKart Professional.

Let's talk!

Learning Center

complykart
Most important clauses of a Shareholders Agreement
11-09-2020 03:44

A Shareholders Agreement (SHA) is vital for the long-term growth of company because it not only contains the relation between shareholders but also the necessary obligations. In general, having a Shareholders Agreement seem not necessary but once difference of

complykart
Everything about Employee Stock Option (ESOP)
11-17-2020 12:35

Employees are the most essential factor who are responsible for success of a business. To retain the best professionals has become cumbersome for companies & specially startups due to many reasons including cash crunch. One of the best ways to

complykart
Dematerialisation
11-17-2020 12:28

In a major step to keep track of transactions of Corporates and making the things easier and transparent for the Shareholders, the Ministry of Corporate Affairs (MCA) has notified

Our Clients

complykart
complykart
complykart
complykart
complykart
complykart
complykart
complykart
  •  BB-vines Logo
  • Bajaj Logo
  • Dhampur
  • Quatrro Logo
  • MenuWings Logo
  • floly Logo
  • hidigits Logo
  • complykart
1 2 3 4 5 6 7 8

GOT AN IDEA?
Lets schedule a meeting

Experienced Professionals

Our professionals are well experienced and committed to challenges and innovation to tackle.

Service with Smile

Our priority is to offer services at the best possible price and built a strong relationship. We surely bring a smile on your face by giving something extra.p>

We are there at every step to make sure that you have the resources at hand to service your companies ongoing needs.

Need Help? Chat with us

SELL

Top