One Person Company (OPC) being a new concept in India, already reach a big boom in India. A big effect on the economy and development of nation is expected. It gives opportunities to many and will therefore bring creative and young minds in front of everyone. So, if you want to begin your own business, you don’t need to worry about all the complicated and tedious processes. With One Person Company (OPC), you can gain complete authority over your company. Therefore, there is no liability towards your contribution to the organization.OPC offers all the advantages just like the Private Limited Companies (e.g. Bank loans, limited liability, legal protection, credits, easy funding, etc.) Holds. The “One-man show” entrepreneurs are scaling up at a rapid pace, thanks to the increased numbers of One Person Company (OPC) registrations.
Registration of One Person (Private Limited) company can be done within 10-15 working days. India Tax Hub is a prominent business platform and supports in end-to-end business incorporation, statutory compliance, advisory, and tax consultancy services to clients in India. India Tax Hub registers One Person (Private Limited) company in all major states including Delhi, Uttar Pradesh, Haryana, Rajasthan, Maharashtra and rest of states of India. You may get in touch with our startup experts on 09354248881 or email info@indiataxhub.in for free consultation.
FREQUENTLY ASKED QUESTIONS
Features of One Person Company (OPC)
Single director is required to incorporate.
Unaffected by decease of member or change in ownership.
Easy to set up and retain comparatively.
Limits the liabilities of its members.
Procedure for Register a Private Limited Company
Step 1. Apply for DIN and DSC
Step 2. Search for the Company Name availability.
Step 3. Application for the Name availability.
Step 4. Drafting of Memorandum of Association (MOA) & Articles of Association (AOA).
Step 5. Filing of e-forms with roc (Registrar of Companies).
Step 6. Payment of roc Fees & Stamp Duty.
Step 7. Verification of documents / forms by roc
Step 8. Issue of Certificate of Incorporation by roc
Documents Required For One Person Company Registration
Copy of PAN Card of director
Passport size photograph of director
Copy of Aadhaar Card of director
Voter identity card/ Driving License/ Valid Passport of director
Bank Statements of director (statement should not be more than 2 months old)
Copy of Rent agreement (If rented property)
Latest Electricity/ Water bill (for registered Business address)
Landlord NOC, in case of rented property (Format will be provided)
Same set of above documents required for one Nominee of company