One Person Company (OPC)

1. What is a One Person Company (OPC)?
A One Person Company is a business entity that allows a single individual to own and operate the business while enjoying the benefits of limited liability. It is regulated under the Companies Act, 2013.

2. Key Features of an OPC:

• Single Owner: Only one individual can act as both the shareholder and director.
• Limited Liability: The owner's liability is restricted to their investment.
• Separate Legal Entity: OPC has its own legal identity, distinct from its owner.
• Nominee Requirement: A nominee must be appointed to take over in case of the owner's incapacity or death.

3. Services Offered:

• Assistance in selecting an appropriate business name and checking its availability.
• Preparation and filing of Memorandum of Association (MOA) and Articles of Association (AOA).
• Filing of incorporation forms with the Registrar of Companies (ROC).
• Obtaining Certificate of Incorporation.
• Assistance with PAN, TAN, and GST registration if needed.
• Guidance on compliance and annual filings.

4. Benefits of an OPC in India:

• Simplified management with a single decision-maker.
• Enhanced credibility as a registered company.
• Suitable for startups and small businesses seeking limited liability protection.
• Easy transition to a private limited company if needed.

5. Documents Required for OPC Registration:

• PAN card of the owner.
• Proof of identity (Aadhar, passport, voter ID, etc.).
• Proof of address (bank statement, utility bill, etc.).
• Address proof of the registered office (rent agreement, electricity bill, etc.).
• Nominee's consent in Form INC-3 along with their identity and address proofs.

6. Process to Register an OPC in India:

1. Obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN).
2. Reserve a name for the company through the SPICe+ Form.
3. Draft and file the required incorporation documents.
4. Submit the application for incorporation to the ROC.
5. Receive the Certificate of Incorporation with a unique CIN (Corporate Identification Number).

Why Choose Us?
Our team provides personalized guidance throughout the registration process, ensuring compliance with all legal requirements for a smooth incorporation journey.