Hello Startup – Consultancy Services by Kartgen Infotech LLP
- +91-731-4222902
- business@hellostartup.in
- Office No. 142, First Floor, Orbit Mall, A.B. Road Indore (M.P.)
Register One Person Company
@ Rs 4499*
Get yourself a Pvt. Ltd. Company in just 15 days from anywhere at click of a button.
- PAN & TAN Registration
- PF + ESIC + PT
- Domain Name + 10 Emails + 1yr. Hosting
*Professional Fees. EMI Options available.
Get started in just 3 steps
Register
Fill all the details in the requirement form above and submit the details
Discuss with Expert
Our experts will call you to provide you our best-in-class tailored services for your business needs.
Service Delivery
The services will be delivered as per your requirements and further discussions in due time.
One Person Company Registration in India
One Person Company in India is a new concept that has been introduced with the Company’s Act 2013. One Person Company in India is incorporated by a single person. Before the enforcement of the Companies Act 2013 a single person was not able to establish a company. An OPC has features of a Company and the benefits of the sole proprietorship. Earlier if a person had to establish a business then he or she should only opt for a sole proprietorship.
According to Section 2 (62) of the Company’s Act 2013, a company can be formed with just 1 director and 1 member. One Person Company registration in India is a type of entity where there are lesser compliances requirements than that of a Private Limited Company.
A One Person Company Registration in India can be obtained under the Companies Act 2013 with just one single member and one Director. The Director and member can also be the same person. Here an individual who may be a resident or Non-resident Indian can register an OPC in India.
Requirements to register One Person Company in India
| No of Shareholders | 1 individual (Resident Indian) |
|---|---|
| No of Directors | 1 individual (Resident Indian) |
| Authorized Capital | Rs. 1 lakh minimum |
| Paid-up capital | No Minimum Cap. If exceeding Rs. 50 Lakh, OPC must mandatorily convert to Pvt. Ltd. |
Features and Advantages of Various Business Entities
| Features | Proprietorship | Partnership | LLP | Company |
|---|---|---|---|---|
| Definition | Unregistered type of business entity managed by one single person | A formal agreement between two or more parties to manage and operate a business | A Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company. | Registered type of entity with limited liability to the owners and shareholders |
| Ownership |
For One Person Company |
|||
| Registration Time | 7-9 working days | |||
| Promoter Liability | Unlimited Liability | Limited Liability | ||
| Documentation | ||||
| Governance | – | Under Partnership Act | LLP Act, 2008 | Under Companies Act,2013 |
| Transferability | Non Transferable | Transferable if registered under ROF | Transferable | |
| Compliance Requirements | ||||
Documents Required For One Person Company
PAN Card
PAN is mandatory for Indian Partners.
Passport (Foreign Nationals Only)
Passport is mandatory for Foreign Partners.
Aadhaar Card
Aadhaar is mandatory for Indian Partners
Foreign Government - Address Proof
Any document issued by a Foreign Government having photo and address of the Partners
Bank Statement
Latest bank statement of the Partners
Latest Telephone Bill
Latest telephone bill for the registered office premises. Electricity bill preferred.
Latest mobile bill
Latest mobile bill for the registered office premises. Electricity bill preferred.
Board Resolution Authorising Investment
If the proposed Partners is another company or legal entity.
Investing Company Address Proof
If the proposed Partners is another company or legal entity.
Passport Size Photo
If the proposed Partners is another company or legal entity.
Recent Utility Bill
Recent Utility bill of the place of Business.
Post incorporation of One Person Company, you’ll receive the following documents:
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DIN for 1 Director
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MOA + AOA
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Bank Account Opening Document Support
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Digital Signature Token
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Incorporation Certificate
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Company PAN Card
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Domain + Web Hosting + 10 E-mail ids for 1 year
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Company Name Approval
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PF + ESIC + Professional Tax Registration
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Company TAN/TDS Number