REGISTRATION PROCESS OF ONE PERSON COMPANY IN INDIA
The Companies Act, 2013 has completely revolutionized Corporate Laws in India and one such game changes was the formation of One Person Company in India which was recently introduced in order to boost Indian Economy by giving strength to the entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity.
Section 2(62) of Companies Act defines a one-person company as a company that has only one person as to its member. Furthermore, members of a company are nothing but subscribers to its memorandum of association, or its shareholders. So, an OPC is effectively a company that has only one shareholder as its member. The purpose of forming OPC’s is generally when there is only one founder/promoter for the business. Entrepreneurs whose businesses lie in early stages prefer to create OPCs instead of sole proprietorship business because of the several advantages that OPCs offer
One of the biggest advantages of a One Person Company (OPC) is that there can be only one member in a OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership (LLP). Similar to a Company, a One Person Company is a separate legal entity from its promoter, offering limited liability protection to its sole shareholder, while having continuity of business and being easy to incorporate.
NYAYASEVAK has introduced this unique online portal which will cater all your legal requirements needed for the registrations of OPC in India. Our eminent team of experts will guide you on each and every phase during the application of your OPC Registration.
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DIN FOR ONE DIRECTOR
DSC FOR ONE DIRECTOR
NAME APPROVAL
MOA AND AOA
ROC FEES
COMPANY PAN CARD
COMPLETE THE SIMPLE, SECURE AND EASY TO ACCESS FORM OF NYAYASEVAK.
ALLOTMENT OF DSC AND DPIN BY NYAYASEVAK.
DOCUMENTS VERIFICATIONS.
NAME APPROVAL.
SUBMISSION OF DOCUMENTS
INCORPORATION CERTIFICATE
PAN AND TAN
COPY OF PAN CARD
PASSPORT SIZE PHOTOGRAPHS
COPY OF AADHAR CARD/ VOTING CARD OF THE DIRECTOR
ELECTRICITY BILL/WATER BILL OR RENT/LEASE/LEAVE AND LICENCE AGREEMENT OF PRINCIPAL PLACE OF BUSINESS) ALONG WITH THE NOC FROM THE LANDLORD
COPY OF PROPERTY PAPERS IF SELF OWNED
Easy to register and run and manage.
East to dissolve.
Limited Liability
Protects from personal liability and protects from other risks and losses.
Attracts more genuine customers
Acquires good bank credits and investment from reliable investors with ease.
Increases the potential to grow big and expand
Easy to Sell
Incorporation through SPICe (Without filling RUN)
Stakeholders can avail of 5 different services (Name Reservation, Allotment of Director Identification number (DIN), Incorporation of New Company, Allotment of PAN and Allotment of TAN) in one form by applying for Incorporation of a new company through SPICe form (INC-32) - Simplified Proforma for Incorporating Company electronically (SPICe) - with eMoA (INC-33), eAOA (INC-34). In case eMoA, eAoA are not applicable, users are required to attach the pdf attachments of MoA and AoA. There is no need for reserving a name separately before filing SPICe. One name for the proposed company can be applied through SPICe (INC-32).
Incorporation through SPICe (With RUN)
Name reservation: RUN service shall be used for name availability.
Incorporate OPC: After name approval, form SPICe shall be filed for incorporation of the OPC within 20 days from the data of approval of RUN.
The company shall file form INC-22 within 30 days once form SPICe is registered in case the address of correspondence and registered office address are not same.
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