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One Person Company

Starting at Rs. 4,000/-(Govt. fee extra)

Save upto 60%

Take 9-12 days

One Person Company

 One Person Company is a new concept introduced in India after coming into effect new Companies Act, 2013. One Person Company means a Company which has only one person as a member. It gives a single promoter full control over the Company while limiting his/her liability to contributions to business. It is the most suitable form of business for small businesses where the turnover of the company is within Rs.2 crore and paid up share capital of the company is withinRs. 50 lakhs. One Person Company is a separate legal entity having only one individual as a member.Banking and financial institutions prefer to lend money to the company rather than Sole Proprietorship and Partnership Firms. And there are less compliance as compared to other form of Companies like Public Company and Private Company. We, at Complainceship, having the experience of more than 4 years of registering a One Person companies in india, provide full fledge assistance to the entrepreneur in registering his/ her One Person Company without any hassle and help them in achieving their dreams.

What you will get in

Startup offer of Rs. 4,000/-
(Govt. fee extra on actual)

  • 1 Digital Signature Certificate
  • 1 Director Identification Number (Lifetime Validity)
  • Name Search and Approval
  • Memorandum of Association
  • Article of Association
  • Certificate of Incorporation
  • PAN and TAN No. of the Company
  • Share Certificate
  • Minutes of First Board Meeting (15 Matters will be included)
  • Intimation Letter to Auditor
  • Assistance in opening Bank Account
  • Life time consultancy of all compliance after incorporation of Company
  • 24/7 Mail Support

Why

Complianceship ?

  • Money Back Guarantee
  • Client Confidentiality
  • Time Bound Delivery
  • No Hidden Fees
  • MSME Registered
  • Free Expert Counseling
  • All Business services at one site

Advantages

Limited Liability

In a One Person Company the liability of the single shareholder is limited to the unpaid subscription money.

Separate Legal Entity

A Company is a separate legal entity from its member. The company is distinct from that of its owner, the personal assets of the member remain protected in case of a credit default.

Easy to manage

In One Person Company there is only single shareholder this leads to fast decision making and execution.

Less Compliance

One Person Company is one of the easiest forms of corporate entities to manage. Very few ROC filing is to be filed with the Registrar of Companies (ROC). No need to conduct Annual General Meeting (AGM) and only two board meetings are required in a calendar year.

Borrowing Capacity

Banking and financial institutions prefer to lend money to the company rather than Sole Proprietorship and Partnership Firms.

Total Control

Entrepreneurs who want total control over their operations can use the OPC formation to run their company as they please, instead of finding a partner who has other ideas.

Minimum

Requirement of Eligibility

  • Only a natural person who is resident in India and citizen of India can only be appointed as member of One Person Company.
  • Only one shareholder is allowed in One Person Company.
  • Any amount of share capital. No Minimum requirement.
  • Director Identification Number [DIN] for the director.
  • Digital Signature Certificates [DSC] for the director.
  • Consent of nominee

Documents Required

For Registration

  • Two Color photo graph of the all the persons
  • PAN Card Signed copy of all the persons
  • Signed copy of the Address Proof(Electricity bill, gas bill, phone bill) of all the persons
  • Filed DSC Form (Format will be provided by us)
  • Landlord NOC for registered office (Format will be provided by us)
  • Electricity/ water bill of business premises
  • Consent from nominee

One Person Company

Frequently Asked Questions

Ans. Only natural person who is citizen and resident of India can apply for registration of one person company.
Ans. Yes there can only be one shareholder.
Ans. The following person cannot act as a shareholder of an OPC: - Minor below the age of 18; - Non Resident - Person not capable to enter into contract
Ans. No, once the company is formed, there is no such requirement of applying for renewal of the same. The person is only required to file annual return with ROC.
Ans. Minimum 1 director and maximum 15 directors can be appointed in case of one person company.
Ans. No there is no such requirement in one person company, a person can incorporate an one person company with any minimum capital. However there is a maximum capital limit i.e. 50 lakhs.
Ans. Nominee is a person appointed by the sole member in whom all the rights and liabilities of the sole member vest on his failure to meet the requirements.