FincomIndia

One Person Company (OPC)

The One Person Company [OPC] is a new concept introduced by The Companies Act 2013 thereby enabling Entrepreneur(s) carrying on the business in the Sole-Proprietor form of business to enter into a Corporate Framework. One Person Company is a combination of Sole-Proprietor and Company form of business.
From Rs 12,999/- Inc. of all taxes

One person company is a new concept in India, which has been introduced by the companies’ act 2013. In the old Companies act 1956 a minimum of two directors and shareholders were required to form a private limited company. However, in case of a One person company, only 1 person is required who can be a shareholder as well as the Director. Hence the name, One Person Company. The concept opens up spectacular possibilities for sole proprietors and entrepreneur who can take the advantages of Limited liability and corporatization, but were held back in doing so because of the requirements of finding a second director or second shareholder.

This is the fundamental concept of a One Person Company. In fact, One Person Company is defined in the Companies Act as a Company which has only one member. A single shareholder holds 100 percent shareholding. The thing to be kept in mind is that the Company Incorporation Rules provide that only a natural person who is a resident of India and also a citizen of India can form a one person company. It means that other legal entities like companies or societies or other corporate entities cannot form a one person company. Further it also means that Non resident Indians or Foreign citizens cannot form a one person company. Further the rules also specify that a person can be a shareholder in only one one person company at any given time. It simply means an individual cannot have two different one person companies in his name.

Salient Features of One Person Company (OPC)

Taxation

Since nothing has been specified as such by the finance ministry, it is assumed that the rates of taxation applicable for a private limited company shall apply to a One Person Company.

Limited Liability

An one person company is ideal for anyone who runs a business by his or her own self, wishes to have effective control over all operations of the business and work in corporate framework. Any entrepreneur who wants to form the company with limited liability should register for OPC.

Capital Required

There is no minimum capital requirement to register a One Person Company (OPC) in India. You can register the One Person Company (OPC) as per your choice of capital.

One Director

The other important point is that a One Person Company may have only one director. But at the same time there is no bar on more number of directors. However, as per the Act, the total number of directors shall not be more than 15.

One share holder

This is the fundamental concept of a One Person Company. In fact, One Person Company is defined in the Companies Act as a Company which has only one member. A single shareholder holds 100 percent shareholding.

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
PAN
DSC
Name Approval
DIN
TAN
Share Certificates
GST Registration
Trademark
Rs. 13,500
Rs. 12,999
Inc. all taxes
Rs. 14,999
Rs. 13,749
Inc. all taxes
Rs. 23,999
Rs. 19,248
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Submission Of Documents

We have a facility to pick up documents from your door step at more than 6000 Pin Codes across India. As soon as your documents are ready, we will pick it up from your door step at a date and time as per your convenience.

3. Verification and name Approval of OPC

Details provided by you for OPC registration will be verified by our experts.

4. Apply for the Certificate of Incorporation of OPC

We will apply for and obtain certificate of incorporation for OPC and then apply for TAN and PAN.

5. Hurray......It's Done

You will get certification from the Government after the approval as well as you will receive the confirmation email with our dedicated team member details Instantly on your email to start your work.

Frequently Asked Questions
An application needs to be submitted to the MCA DIN Cell to obtain a DIN.
A minimum of one is required while starting a One Person Company, but you can have up to 15 Directors for your one person company.
No, you will not have to be present at our office or appear at any office for the registration of a Private Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.
No, a One Person Company exempted from holding Annual General Meeting.
An address in India where the registered office of the Company will be situated is required. The premises can be a commercial / industrial / residential where communication from the MCA will be received.
The minimum capital requirement is Rs. 1,00,000/- but this amount differ from your investment. Authorised capital and investment are not one and the same. You can invest as many as you can, but when you want to incorporate a company legally, it has to be started with Rs. One lakh as capital.
Nominee can be anyone, such as your spouse, father, mother, daughter, brothers, sisters etc., but they should hold proper identity proofs such as PAN card, Voter id or Passport or Driving License etc., in order to be appointed as Nominees for One Person Company.
Following documents are required for One Person Company registration: (1) Proposed Name List (2) Director Name and Nominee (3) photograph (4) PAN Card of Director and Nominee (5) Address proof of Director and Nominee Utility Bill, Electricity Bill, Mobile Bill, Water Bill, [Not Older Than 2 Months] (6) Email Id of Director and Nominee (7) Rent Agreement (8) Utility Bill of the Registered Property is required.
The entire assignment will be completed in around 10-15 working days subject to the timely availability of the documents & information from the client’s end.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.