REGISTER A OPC

Keynotes on OPC Registration

  • OPC Registration in 10 to 15 days.
  • Completely online service – No physical presence required
  • No minimum capital requirement

Easy OPC Registration Service at Affordable Cost

Law Sarathi or OPC (One Person Company) is a type of business structure in which a single individual can form a company. Recently, Law Sarathi has gained popularity due to significant advancements in sole proprietorship businesses.

Registering an OPC for your business is a straightforward process. Law Sarathi is just a call away to assist you with your start-up registration and business setup. Contact us to incorporate your OPC quickly and efficiently.

With a proven track record of registering numerous OPCs, Law Sarathi is dedicated to providing top-notch consultancy and services to our clients. Our experienced professionals ensure that your OPC registration documents are processed accurately, minimizing any potential obstacles to your start-up registration.

Our team is well-versed in the online OPC registration procedure, enabling us to expedite your business registration and setup. We understand how to navigate the OPC registration process effectively, helping you avoid any legal complications.

So, why wait? Get in touch with us today to establish your OPC company at an affordable cost!

What is Called One Person Company?

A One Person Company (OPC) is a form of proprietorship in which a single individual establishes the company. The registration process for a One Person Company is straightforward and not complicated.

One Person Company Registration

A One Person Company (OPC) is the latest form of business entity in India, introduced under the Companies Act of 2013. It was designed to facilitate the incorporation of micro businesses by individual entrepreneurs, allowing them to operate without partners. The registration process for an OPC is straightforward and aligns with the provisions of the Companies Act 2013. This structure encourages more individuals to pursue their entrepreneurial ambitions. An OPC is particularly suitable for small businesses with an annual turnover of up to Rs 2 Crore.

Note: The nominee of the director must be an Indian resident.

One Person Company Registration Procedure in India :

Documentation is crucial for OPC registration. The primary documents required from the promoters include ID proof, PAN, and address proof. Additionally, utility bills (such as water, electricity, or telephone bills) must be submitted as proof of the registered address, along with a No Objection Certificate (NOC) from the owner of the premises.

Selection of Name

The name of the One Person Company must be unique and should not infringe upon the name of any existing company or trademark.

Digital Signature Certificate (DSC) for Promoters

Under the Information Technology Act, a Digital Signature Certificate (DSC) is equivalent to a physical signature. To register a One Person Company, all applications to the Registrar of Companies (ROC) must be filed in a digital format and signed by the proposed director. The registration process begins with obtaining a DSC for both the shareholder and the director.

Name Approval

The RUN (Reserve Unique Name) application is an online process used to obtain ROC approval for the proposed company name. This web-based application allows for the submission of two name options, along with a note detailing the business activities and the significance of the chosen name.

Filing the SPICE Form with ROC

Once the name approval is obtained, the next step is to file a formal application for the registration of the company using the SPICE form. This submission must include the Memorandum of Association (MOA), Articles of Association (AOA), proof of the registered address with the NOC from the landlord, and KYC documents for the promoters. The application must be signed using the promoters’ DSC and attested by a practicing Chartered Accountant, Cost Accountant, Company Secretary, or Advocate registered with the High Court. The government filing fee for incorporating a company depends on the proposed capital.

Incorporation of OPC with ROC

The final step in the OPC incorporation process involves the issuance of a certificate of incorporation after the ROC verifies the application filed in the SPICE form. This certificate serves as definitive proof of the company’s incorporation.

PAN and TAN Number

The PAN and TAN numbers are automatically generated during the registration of the company, so no separate application is required. Both numbers will be printed on the certificate of incorporation. Once the company registration is complete, an e-PAN and TAN letter will be sent via email.

Documents needed for One Person Company Registration :

Documents of Directors/ Shareholders :

  • PAN card of each promoter
  • Two colour photographs of each promoter
  • Address Proof (bank statement / electricity, telephone bill, mobile)
  • Identity Proof (Voter ID / Passport / Driving License)

Documents related to registered address :

  • Utility bill as proof of registered address
  • Proof of registered office
  • Completely filled questionnaire
  • NOC From the proprietor of the premises

Eligibility Conditions for One Person Company Registration

  • Only a natural person who is a citizen and resident of India can register a One Person Company (OPC).
  • The individual must be competent to act as the nominee and sole member of the OPC.
  • A resident of India is defined as an individual who has lived in India for a minimum of 182 days in the previous year.
  • If an OPC exceeds a turnover of ₹2 crores or has a paid-up capital exceeding ₹50 lakhs, it must transition to a private or public company within six months.