What Is One Person Company?
A One Person Company is a company with a single member. It was introduced by the Companies Act, 2013. OPC extends the concept of limited liability to a company run by a single person. It is similar in respects to a Private Limited Company with certain differences like fewer compliances and relaxation of certain restrictions. Thus, an OPC is subject to all the provisions of the Act like a Private Limited Company unless expressly excluded. The idea of One Person Company (OPC) in India was introduced to give a boost to entrepreneurs who have great potential to start their own venture by allowing them to create a single person company. Since, no intervention from any third party is seen, it makes it more beneficial. So, if you want to start up your own business, you don't have to worry about all the complex and tedious processes
Only one member is required.
Unaffected by death of member or change in ownership.
Easy to set up and maintain comparatively.
Limits the liabilities of its members.
Minimal Paperwork is required.
What Is Included In Our One Person Company Registration Package?
DIN For 1 Director.
DSC For 1 Director
Name Search And Approval.
MOA/AOA
ROC Registration Fee
Company PAN Card
Documents Required for OPC Registration
Copy of PAN Card of directors
Passport size photograph of owner
Copy of Aadhaar Card/ Voter identity card of owner
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers(If owned property)
Landlord NOC (Format will be provided)
Advantages Of One Person Company
Limited Liability
Separate Legal Entity
Uninterrupted Existence
Limits the liabilities of its members
Borrowing capacity
One Person Company Registration
Ideal for Start-ups Going for Funding & Growing Business
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