One Person Company (OPC) is another form of organisation newly provided under the Companies Act, 2013 wherein the entity can be incorporated with a single member. It has all the protection and responsibilities as available to a Private Company with the major change that the number of shareholders that are required to incorporate the Company is 1. Once the Company achieves a certain turnover level, the OPC has to get converted into a Private Limited Company
The promoter also can choose to convert the Company voluntarily once the Company is in operation for a certain period of time. The Director of the Company should have a Director Identification Number and the subscriber has to procure a Digital Signature for OPC registration. Process of incorporation is online and it takes 10-15 working days from the date you give your complete documents to us and subject to availability of the proposed name.
1 Shareholder
1 Director
1 Nominee
Director and Shareholder is one and the same person
Minimum Share Capital shall be Rs. 100,000 (INR One Lac)
Passport Size Photograph
Copy of PAN Card
Copy of Electricity Bill
Sale Deed (if owned)
Copy of Aadhar Card
Address Proof(Bank Statement/Mobile/Telephone Bill)
Copy of Rent Agreement(if rented)
NOC
Stage 1: DSC (Digital Signature) of director
Stage 2: DIN (Directors Identification Number) of director
Stage 3: OPC Name Approval from ROC
Stage 3: OPC Name Approval from ROC
Stage 4: Certificate of Incorporation is generated by Submitting Final Documentation (like AOA, MOA, Subscription Pages, Consent Letters, Business Address Proofs, etc.)
Stage 5: Application for PAN & TAN
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