ONE PERSON COMPANY (OPC)

One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new perspective of business opportunities and particularly spectacular possibilities for sole proprietorships and entrepreneurs who can enjoy the advantages of limited liability and the benefit of separate legal entity as well.

Desire for personal freedom that allows the Professional skilled person to adopt the business of his choice. Personality driven passion and implementation of a business plan. It is run by individuals yet OPCs are a separate legal entity similar to that of any registered corporate.  One Person Company is incorporated as a private limited company

EDGE to register a One Person company:-

1. Separate legal identity
2. Perpetual succession
3. Unlike a private limited or public limited company (listed or unlisted), OPCs need not bother too much about compliances
4. Limited Liability
5. Easy to convert Private/public limited company

Documents Required :-

1. Pan Card of promoter and nominee
2. Coloured Passport size Photo (Promoter)
3. Proof of identity (Adhar/Voter I.D./ Driving license/Passport) of promoter and nominee
4. Proof of Residence (Mobile bill, electricity bill, bank statement, telephone bill)
5. Rent/lease /sale deed for registered office and utility bill of the same address

  PROCESS:-

1. Register DSC
2. DIN No.
3. Approval of name
4. Preparation of Moa/Aoa
5. File with concerned ROC
6. Get Incorporation Certificate
7. Pan No. for company
8. Tan No. for company