One Person Company

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What Is One Person Company Registration

One Person Company (OPC) registration in India was introduced as a concept under the Companies Act of 2013, enabling a single person to establish a company and enjoy the combined benefits of both a sole proprietorship and a company. According to Section 2(62) of the Companies Act 2013, a company can be formed with just one director and one member.

Benefits of One Company Registration

  • Status of separate Legal Entity
  • Easy to obtain funds
  • Compliances are very Less
  • Easy Management
  • No Minimum capital
  • Limited Liability
  • Perpetual succession

Eligibility criteria for OPC

  • Person should not have incorporated more than OPC.
  • Person should not have any existing OPC in operation.
  • Person should not be disqualified from being a company director.
  • Person should not be director in any other company.

Document requirements to register an OPC

  • Copy of PAN Card of person
  • Identity Proof (Voter Card, Passport, Driving License)
  • Address Proof (Bank Statement, Mobile bill, Telephone bill, Electricity Bill)
  • Passport Size Photo

Documents get after OPC Registration

  • Incorporation Certificate
  • OPC PAN Card
  • MoA & AoA
  • OPC TAN
  • DIN of directors
  • Digital Signature Token (DSC)
  • Business Commencement Certificate

One Person Company Registration Fees

Basic Plan

INR

DSC (1 person)

1000

DPIN (1 person)

1000

Professional Fees

4999

Stamp Duty

1000

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