Get in Touch
Your contact details will not be shared
Private Limited Company
Rs. 7299
Rs. 6299
all inclusive fees
  • Private Limited Company
Compliance Manager
Rs. 37299
Rs. 36299 /year
all inclusive fees
  • Online Accounting
  • GST
  • ITR

Most popular

Business Support
Rs. 77299
Rs. 66299 /year
all inclusive fees
  • Compliance manager
  • Legal Support
  • Debt Recovery Support

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.

Advantages and Benefits

1. Limited Liability Protection to Directors personal resources

In a one person private limited company, just interest in business is lost, personal resources of the chiefs are protected.

2. Better picture and validity in Market

In India, OPC is a Private limited company, which is a prevalent and understood business structure.

3. Simple to raise assets and advances

OPC is one of the least demanding types of companies. Not many ROC documents are recorded with the Registrar of Companies (ROC). No compelling reason to direct Annual General Meeting (AGM) and other normal compliances.

4. Aides for Testing of Business Model and Enables Funding

The OPC business causes Startup Entrepreneurs to effortlessly test their plan of action, and after structure an attractive item, they can approach Angel financial specialists, Venture industrialists for subsidizing and effectively convert their OPC into multi investor Private Limited company.

5. Unlimited authority of the Company with a Single Owner

This prompts quick basic leadership and execution. However OPC can select upwards of 15 executives for managerial capacities, without giving any offer to them.

6. Simple to Sell OPC

OPC Company is anything but difficult to sell, less documentation and cost is engaged with selling a One Person company.

Minimum Requirements

  • Least 1 Shareholder
  • Least 1 Nominee
  • Least Authorized Share Capital to be Rs. 1 Lac
  • Least 1 Directors
  • Just Indian occupants can be Shareholder and Nominee
  • Commotion (Director Identification Number) for all Directors
  • The executives and investors can be same person
  • Least 1 Director must be Indian Resident
  • DSC (Digital Signature Certificate) for 1 Promoters and 1 witness

What All You Get

  • DIN for 1 Director
  • MOA + AOA
  • Customized Incorporation Master File
  • Bank Account Opening Document Support
  • Digital Signature Token for 2 Promoters and 1 witness
  • Incorporation Certificate
  • Company PAN Card
  • Domain Name + Web Hosting
  • Company Name Approval
  • New Incorporation Kit
  • Company TAN/TDS Number
  • + 10 Email Ids for 1 year

Frequently Asked Questions

  • You have to orchestrate extremely basic reports of chief like photo, Pan card and one location evidence. For more subtleties, if you don't mind fill the above subtleties and Get Started Now.
  • No, business office space isn't required. You can demonstrate your very own private or leased place of residence as the enrolled office address of the Company. This office address can be changed whenever after fuse of OPC. When your startup is set up, steady and prepared to proceed onward to a decent corporate space you can change the enrolled office address by educating to the ROC office.
  • ROC is a Government office with whom organizations get enlisted. Each State has one ROC office with the exception of Maharashtra and Tamilnadu where there are two ROC workplaces. In Maharashtra organizations are enrolled with Mumbai and Pune ROC. In Tamilnadu organizations are joined at Chennai and Coimbatore ROCs. In every single other State like Delhi there is just a single ROC office, as at Bangalore, Hyderabad, Ahmedabad, Goa, etc.
  • No. Taxlegit gives total online Company Incorporation process. All legitimate documentation and visits are finished by Taxlegit.
  • No. When the company is shaped, it will be substantial till it is authoritatively shut somewhere near the proprietors. No reestablishment or charges is required. Be that as it may, each year one man organizations need to document fundamental comes back with ROC office.
  • Director Identification Number (DIN) is a special ID number required for a person to turn into an executive of a company. Clamor is issued by ROC office (Ministry of Corporate Affairs)
    It is like a PAN Card number. DIN is to be referenced in archives while selecting a person as a chief of a company.
  • A Digital Signature is electronic mark, which is as codes. It is utilized for marking the electronic structures, documented with ROC for fuse of Company. Computerized Signature can't be utilized in physical records.
  • MOA implies Memorandum of Association and AOA implies Articles of Association. These are the byelaws or standards dependent on which imperative issues like principle business of the company or gatherings is chosen. These are standard authoritative reports arranged by Company Secretaries amid registration of the Company.
  • Truly, company office address can be changed whenever after joining.
  • Capital methods venture made by the investor into OPC. Approved capital is a sum up to which company can issue shares. This capital is referenced amid joining of the company dependent on which ROC registration expenses and stamp obligation is paid. Paid up capital is a genuine venture which goes from investor into company financial balance, against which share endorsement is issue by the company. There is no base impulse for paid up capital, it very well may be as low as Rs. 10,000