One Person Company Registration

Step Into India By One Man Army Facilitating Limited Liability , Legal Existence & More With OPC In India

One Person Company Registration In India

As its name reveals, a One Person Company is a business format in which there is only one or a single business owner. Even though there can be more than one Director. One person Company is described under section 2(62) of the Companies Act, 2013 which states that OPC is a company that features only one Member. One Person Company (OPC) can be shaped as OPC Limited by share capital. Register OPC Company in India is helping generally in fostering the general economy of India. A consistently expanding number of Business people are coming up and beginning their organizations. By solidification of OPC, the association can participate in the benefits in monetary focuses and are equipped for Banking advances, and credits. Along these lines, to start up your own business, you don't have to worry about all the association and slow cycles.
An OPC Registration in India is a business structure that participates in the benefits of the two kinds of business, i.e., sole proprietorship and an association. Thusly, it gets rid of the issues of tracking down the right kind of co-accessory/s for starting a business as an enrolled component. One Person Company is conveying the unstructured Ownership Business into the coordinated type of an exclusive business.
As per Section 3(1)(c) of the Companies Act, 2013, the OPC can be framed for any legal reason by a person. Segment 2(62) states that the "One Person Company is an association which has quite recently a solitary person as a section".
One Person Company Registration is surrendered as a privately owned business. It is an association with one Director and one financial backer specifically. An individual can now benefit from the upside of limited liability doing sole possession. The One Person Company is a representation of fundamental improvement in the corporate region of our country.
Suppose you want to go for “One Person Company Registration in India”. In that case, you can completely trust Biat consultants because we will assist you with all the technicalities which are related to the One Person Company Registration process. Our team of professionals will provide you with all the relevant information associated with One Person Company Registration fees, process, name availability, registration certificate, etc.

Process of Register OPC In India:

Apply For DSC- The initial step is to get the Digital Signature Certificate (DSC) of the proposed Directors which required the accompanying archives:

  • Address proof
  • Aadhaar card
  • PAN card
  • Photograph
  • Email Id
  • Telephone number

Apply for DIN- When the Digital Signature Certificate (DSC) is made, the subsequent stage is to apply for the Director Identification Number (DIN) of the proposed Director in the SPICe Form alongside the name and the address proof of the Director. Structure DIR-3 is the choice just accessible to existing organizations. It implies with the impact from January 2018, the candidate need not document Structure DIR-3 independently. Now DIN can be applied inside the SPICe for up to three directors.

Name Approval Application- The subsequent stage while integrating an OPC is to settle on the name of the Organization. The name of the Organization will be "ABC (OPC) Private Limited”

The name can be supported in the Structure SPICe+ 32 application. Just a single favored name alongside the meaning of keeping that name can be given in the Structure SPICe+ 32 application. On the off chance that the name gets dismissed, one more name can be presented by applying another Structure SPICe+ 32 application.

When the name is supported by the MCA we continue toward the following stage.

Documents Required- We need to set up the accompanying records which are expected to be submitted to the ROC:

  • The Memorandum of Association (MoA) which are the items to be trailed by the Organization or expressing the business for which the organization will be consolidated.
  • The Articles of the Association (AoA) sets out the by-regulations on which the organization will work.
  • Since there are just 1 Director and a member, a candidate for such an individual must be delegated because if he becomes weakened or passes on and can't play out his obligations the chosen one will perform for the chief and have his spot. His assent in Structure INC - 3 will be brought with his PAN card and Aadhar Card.
  • Proof of the Registered office of the proposed Organization alongside the verification of proprietorship and a NOC from the proprietor.
  • Statement and Assent of the proposed Overseer of Structure INC - 9 and DIR - 2 separately.
  • A statement by the expert ensuring that all compliances have been made.

Filings of Forms with MCA- This multitude of archives will be joined to the FPICe Form, SPICe-MOA, and SPICe-AOA along with the DSC of the Director and the expert, and will be moved to the MCA site for underwriting. The PAN Number and TAN are created naturally at the hour of consolidation of the Organization. There is a compelling reason need to document separate applications for getting Container Number and TAN.

Issue of Certificate of Incorporation- On the check, the Registrar of Companies (ROC) will give an Endorsement of Fuse and we can begin our business.

Benefits of One Person Company Registration In India

Some Benefits of One Person Company Registration in India are

  • One Person Company Registration Doesn’t Require Minimum Capital
  • There is Limited Liability in One Person Company Registration
  • One Person Company Registration is Easy Incorporation
  • One Person Company Registration is Greater in Credibility
  • There is no legal dispute in One Person Company Registration.

Benefits of Choosing BiatConsultants for One Person Company Registration Consultant

Some Benefits of Choosing BiatConsultants for One Person Company Registration Consultant are:

  • Team of Experts CA and CS for smooth processing
  • Multiple Happy Customers from all over India
  • Dedicated Customer Support for all your Queries
  • Smooth Online process without traveling anywhere
  • Year of Experience and still counting.

Registration Process of One Person Company Registration in India

Brief description of how to get Register OPC in India

1. Contact BIATConsultant

Contact the professionals in India - BIATConsultant an expert OPC Registration Consultant. Leave the rest to us

2. Documentaiton Preparation

Firstly we receive Documents and apply DIN and DSC. it takes 1-2 days.

3.Drafting

Drafting MOA and AOA electronically in spice MOA and spice AOA, which takes around 3-5 days.

4. Final Submission

Submission of spice form along with the link form along with spice MOA and Spice AOA. it takes around 6-9 days.

5. Get Your Company Registration certificate(COI)

Then lastly certificate of incorporation with PAN and TAN is received. It take around 10-12 days

FAQ

Common List Of Questioner That Our Customer Ask From Us -Solved !
What Are Document Required For OPC Registration In India?
For Director/Nominee

Copy of PAN Card
Identity Proof
Address Proof (Aadhar Card/ bank statement/ Mobile bill/ electricity bill)
Passport Size Photo

For Registered Office

Ownership Proof (Electricity bill/ Mobile bill/ Gas bill)
NOC
Are one person company and private limited company similar?
To some extent these both Companies are similar, the procedure for OPC is very similar to Private Limited Company. Therefore it is important to mention OPC beneath the name of such company.
Who can get an OPC Registration in India?
An individual who is an Indian National and Indian Resident can choose to go with OPC Registration in India
What is DIN in One Person Company Registration in India?
DIN in One Person Company Registration in India is Direct Identification Number, which refers a to unique identification number which is required for a person to become Director in a Company.
Is OPC Registration in India to be revoked every year?
No, once the OPC Registration in India is done then it cannot be revoked until it gets officially Dissolved by the owner.
Is there any minimum capital needed for OPC Registration?
There is no base Capital expected to begin with OPC Registration. In this way, even with zero enlisted capital, an OPC can be consolidated and can begin carrying on with work.
Who can be a Nominee in OPC Registration in India?
Nominees in OPC Registration in India can only be a person who is Indian Nationals and Indian residents, and he/she should be Above the age of 18 years.
How many OPC a single person can form in India?
An individual can set up only one OPC.
What is the option to choose the Name of the OPC Register in India?
Primarily the name of the OPC Register in India should be unique and simple. It is advisable to check on google, MCA Portal, MCA Guidelines, and Trade Mark Site availability of name.
What are the advantages and disadvantages of One-Person Company Registration in India?
Advantages of One Person Company Registration in India are:

1.Less Compliance
2.Easy Incorporation
3.Easy to Manage
4.Long Lasting Succession

Disadvantages of One Person Company Registration in India are:

1.Suitable for Small Businesses
2.Ownership and Management
3.Restriction of Business Activities
How Much capital is required for OPC Registration In India?
There is no minimum Capital required for OPC registration In India.
Is it possible for a person to be a member of more than one OPC Registered in India?
No, a person can only be a member of only one OPC Registered in India.
Can One-Person Company Registered in India raise Funds?
Yes, One Person Company Registered in India can raise Funds through angel investors, financial institutions, etc
What are the Tax advantages offered to a One Person Company Registered in India?
In India, a flat charge of 30% is levied on an OPC Registered in India, and it does not enjoy any tax benefit.
How many years of Experience Does Biat Consultant have as an OPC Registration Consultant?
Biat Consultant has almost 17+ years of experience as an OPC Registration Consultant.

40000+ Clients

Satisfied In India & Abroad

2000+

Registration | License | Compliances

30+ Years

Experience with team of CA , CS & Lawyer