The concept of One Person Company was introduced in the Companies Act, 2013 with an intetion to provide limited liability to the individual enterpenuers with an innovative technology business ideas. One Person Private Limited Company will enjoy the same benefits of a normal Private Limited Company. An individual who does not have the co-founder to start his business venture may incorporate One Person Private Limited Company and enjoy the benefits available under Companies Act, 2013. An individual who wants test his business idea may start OPC Company and once the project is viable, he can approach the Venture Capitalists and get the investment into equity sharecapital and convert into a normal Private Limited Company. The regulative body for the Companies is The Registrar of Companies, Ministry of Corporate Affairs, Government of India and the governing law for the companies is Companies Act, 2013.
The OPC Company registration in India is entirely online. If you’re looking to make your company registered, then CompaniesHouse is the team for you. Register your OPC company online with us today and you’ll be on your way to operating a registered company under 10 working days.
|Authorised Share Capital||Rs.1|
|Paidup Share Capital||Rs.1|
The liability of the member of the Company is limited. The Director or Shareholder is not personally liable for the debts of the Company. For example, when Company is in default of repayment of debt or loan, there is a protection to the personal assets of the Director or Shareholder. They can recover the loan amount only by selling the assets of the Company.
In One Person Company, only one member is there and hence the control of the ownership is fully vested in the hands of the member. Infact, it is a one man show Company, whatever the decisions he or she takes thore are ultimate. He or she need not required to discuss with other shareholders as only one shareholder will be there in this Company.
Talented employees show interest in Company type of businesses instead of Partnership or Proprietorship firm. Company can retain talented employees by issuing Employee Stock Options. Employees of reputed companies can get loans from Banks easily at less rate of interest.
The Director of the Company can be the employee of the Company. He can give his own premises on rent/lease to Company and Collect rent from it, he can give loan to the Company and can take loan from Company, he can supply goods or services to the Company and get consideration for that.
The member of the Company may come and may go but Company may not go that means the members are different and the Company is different. Company can own assets on it own name and can sell. It can sue and can be sued in a court of law.
The member of the Company may easily exit the Company by simply signing a Share Transfer Form. In Listed Companies, the members may sell their shares through Stock Market easily. In Private Limited Companies, the ownership change is simply done through transfer of shares by signing the Share Tranfer forms.
Get Certificate, DIN, DSC, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Bank A/c, Share Certificate & GST Software along with your CIN.
We will apply Class-III DSCs through eMudhra Portal Online. The OTPs will be generated on your Aadhar enabled mobile numbers, we will submit the same OTPs and then the system will send video recording link through SMS and email to you. The DSC will be approved by the eMudhra team after your video recording submission. Then we will download the DSCs in ePass Tokens and use these for signing incorporation forms.
We will prepare the documents provided by you in an order ie. Pan, Id Proof and Address Proof as a single document, we will prepare the Form DIR-2, Form INC-8, Verification under Rule 25 of the Companies Incorporation Rules 2014, draft main objects of the company and then prepare the eSprice+ Form, eMOA, eAOA, eAGILE+ Form and upload with MCA portal by paying the requisite fee.
After scrutiny, the officers of MCA will approve the form and issues you the Certificate of Incorporation through email. You will also get DIN approval letters through email from MCA. You will get ePAN and eTAN through email from NSDL. Further, your company's PF and ESI registration numbers will be generated automatically along with your Zero Balance Company's Current Account. We will also send you MOA, AOA and other documents through email.
As an Official Company Registration Agent, we have built strong ties with the Ministry of Corporate Affairs, Govt of India since our own formation. Since we began, our goal has been to provide a seamless incorporation process that is quick and simple to use. Today, our company registration system is one of the most effective and efficient in India. In just over 5 minutes you can submit your new company name application, and often in just 3-5 days, your company will be fully registered. We also keep our company formation pricing competitive, while always exploring innovative ways to provide value to our customers. We are pleased to be one of the most affordable ways to start a company in India.
We have the expertise to advise which is the correct corporate structure they need to put in place. Most customers come to us for help registering a company limited by shares. The limited company structure is popular as it allows profits to be distributed amongst the shareholders while at the same time protecting them through the limited liability aspect. Our team has well over 20-years of combined expertise forming companies and providing corporate and secretarial services that help thousands of our clients grow their businesses each year.
We are incredibly passionate about the quality of our service, and we are incredibly proud of our customer feedback, as shown by our excellent reviews and ratings. Time and time again, we are selected for the value and expertise that our team is known for. We have helped shape the industry by providing innovative business services and bundled packages that have evolved alongside the needs of our customers.
Our clients have access to free support from an expert team. We are always on standby to help. If you need assistance at any point before, during, and after the registration of your company, you will be able to reach us by telephone or email.
You are truly experienced in Company Registrations. Keep it up!Ram Kumar Chilukuri Director, Anewa Engineering Pvt Ltd
Thanks for your continuous support. God bless you!Nrupesh CFO, Blujay Solutions Private Limited
Thank you CompaniesHouse for saving in Income Tax!Avtar Singh Managing Partner, Chetak Transporters
We are surprised to get our Company registered in one day. Thanks.Mohammed Fasiuddin Director, Avidus Engineering Pvt Ltd
Thank you for the initial discussion as we choose best business format!Lakshmi Keerthi Reddy Director, Lavanar Sea Food Farming Private Limited
Thank you CompaniesHouse for reminding on timely statutory compliance!Rambabu Director, Cybervillage Solutions Pvt ltd
Get Certificate, DIN, DSC, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Bank A/c, Share Certificate & GST Software along with your CIN.
Congratulations!! on registering your new OPC Company. Most of the enterprenuers do not know what next once the OPC Company is registered. You can find below the other mandatory registratons and statutory compliance requirements of an OPC Company.
GST registration is Mandatory if you are a Taxable dealer in sale of Goods or supply of Services.
Import Export Code (IEC) is required to be taken if you deal in Import or Export of Goods of Services.
If your business deals in Food, Catering, Hotel & Restaurant, you need to apply for Food License with Food Safety and Standards Authority of India.
If you want to protect your business name, brand, literary work, invention, you need to apply for Trade Mark, Copyright, Patent respectively with the department of Intellectural Properties of India.
Professional Tax is Mandatory for the Companies registered in India. For all states it is not mandatory and infact only for 17 states it is mandatory.
Shops & Establishments registration is mandatory to register with the concerned State Labour Department.
To avail the benefits under The Ministry of Micro, Small & Medium Enterprenuers Act, it is mandatory to get registered under this Act.
The new company has to apply for Local Trade License with the Local Municipality or Municipal Corporation.
BPO companies are required to take DOT license from the Department of Telecom as it is a mandatory requirement. Only Private Limited Companies are eligible to get this License.
The company which is into mining business has to take Mining License. This is mandatory requirement for a Mining Company.
If your Company is covered under PF Act, you need to get the PF Registration. Now MCA is giving PF Registration along with Incorporation, you need not required to apply again separately, you need to enrol the employees once the threshold limit crosses.
If your Company is covered under ESI Act, you need to get the ESI Registration. Now MCA is giving ESI Registration along with Incorporation, you need not required to apply again separately, you need to enrol the employees once the threshold limit crosses.
If your business is into supply of security gaurds, you need to get license under Private Security Agency Regulation Act. This application has to be submitted to the respective State Home Department.
If your business is into manufacturing of electrical equipments, you need to get ISI Mark.
If your business is into manufacturing and dealing in pharmaceuticals, you need to get Drug License from the respective State Drug Controller office.
You need to appoint a First Auditor of the Company with in 30 days from the date of Incorpration and file Form ADT-1 with MCA with in 15 days of appointment otherwise a maximum penalty of Rs. 3,900/- will be payable.
You need to declare the deposit of Share Capital amount in Form INC-20A with the MCA with in 180 days of Incorporation, otherwise MCA will strikeoff your Company. Few banks also insists you to file this Form otherwise they will not activate your Company's Current Account.
Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is 'Approved', would be mandatorily required to file form DIR-3 KYC before 30th April of the immediately next financial year. Failure to file attracts a penalty of Rs. 5,000/- per Director and his/her DIN will be deactivated by the MCA.
Every Company has to hold a meeting of it's Board of Directors once in a Quarter.
Every OPC Company has to file a report called it's Annual Report in Form AOC-4 with MCA with in 180 days from the closure of it's financial year.
Every OPC Company has to file it's Annual Return in Form MGT-7 with in 60 days of 6 month from the closure of it's financial year.
Every Company has to file it's Income Tax Return in form ITR-6 on or before 30th September of each year.
Every Company which is subject to file TDS returns has to file it with in Due date to avoid penalty.
Every Company has to file it's Monthly PT Return with in due date to avoid penalties.
Any Company which subject to file GST returns on QRMS basis has to file with in due date to avoid penalties.
DIN stands for Director Identification Number. Every Director of the company will get this unique Director Identification Number subsequent upon the Company Incorporation. With this DIN, he/she can register any number of companies.
A DIN holder has to file his KYC with MCA every year on or before 30th day of September otherwise a penalty of Rs. 5000/- will be imposed.
DSC stands for Digital Signature Certificate. Class-III Digital Signature Certificate is required for each Shareholder while registering his/her company.
There are different companies who issue Class-III DSCs. These companies are called DSC Certifying Authorities. We have associated with eMudhra Tamil Nadu. eMudhra is one of the largest Digital Signature Certifying Authority in India.
An authorized share capital is a share capital amount upto which the shareholders can invest in equity of the company.infact, this the permission limit to invest amount into Equity Sharecapital.
Paid up share capital is an amount, which is deposited by the shareholders of the compnay in company's bank account towards share capital.
Now the company can be registed with a minimum amount of share capital of Rs. 2/- ie. Rs.1/- investment by each shareholder.
A CIN is a company identificaton number, which is generated by the Ministry of Corporate Affairs while generating the Certificate of Incorporation.
We can treat it as the company registration number.
If we apply direct incorporation without applying for Certificate of Name Availability, it may take 3 to 5 working days. Some times, it may be incorporated even in one day.
But it is advisable to apply first company name and then incorporation and in this case it may take 10 to 15 days.
For one lakh authorised share capital company, the total government fee including Digital Signature Certificates would be approximately Rs. 4,000/-.
CompaniesHouse is authorised by the Ministry of Corporate Affairs to provide company registration service throughout India at an affordable cost of Rs. 1,999/-.
Yes, you can start a Company from your home address too.
No, you can not register Company on your own as Professionals like Company Secretary/Chartered Accountant has to sign digitally along with a Director on the application forms, then only your Companay will be registered.
Now. For a two person private limited company Rs. 2/- is the minimum sharecapital and for one person private limited company Rs. 1 will be the minimum amount of sharecapital is required.
Yes. It can have.
Yes, provided he or she had to stay in India for a period of 120 days during the previous financial year.
An individual can incorporate only one One Person Company in India.
Get Certificate, DIN, DSC, MOA, AOA, PAN, TAN, GST, MSME, PF, ESI, PT*, Bank A/c, Share Certificate & GST Software along with your CIN.