One Person Company

  • Company Registration
  • share certificate
  • Assistance in Current Account opening
  • GST Registration
  • 1 DSC
  • PAN
  • MOA
  • AOA
  • Government fees for 1 lakh share capital
Member
  • Self Attested PAN Card
  • Self Attested Adhar Card
  • ID Proof
  • Address proof – Utility bill
  • Passport size photo
  • Contact details
Nominee
  • ID Proof
  • Address proof – Utility bill
  • Contact Details
Business
  • Address proof
    • if Rented –
    • Notarized rent/lease agreement
    • NOC from landlord
    • address proof with landlord name
    • if Self-owned –
    • Registered document of title
    • Proof address of utility bill

About One Person Company

Get your private limited company incorporated with a very convenient process and get help from experts in the comfortable environment of your home or office.

Note – Charges are based on minimum government fees or structure state-wise. If there are additional services or extra government fees, then the same has to be borne by the service receiver.

10,999.00 Excl. of GST

OR

Have queries?

Talk to an expert!

Frequently Asked Questions about One Person Company

Q1. What is One Person Company?

As the name suggests One Person Company is a company that has only one shareholder and the same can be a director. So OPC is a company form of sole Proprietor.

Q2. What is the benefit of OPC?
  • Following are some benefits of OPC:
  • Business can be continued in case of the death of the owner by his successor.
  • Creditor feels more secure in the case of OPC compare to the sole proprietor.
  • The personal property of the owner is safe is only liable till shared with of company.
  • As compared to other forms of companies there are the least formalities required in the case of OPC.
Q3. What are the disadvantages of OPC?
  • There are no tax slabs for OPC, only slandered 30% or 25% tax slab which is higher in comparison to the sole proprietor.
  • If turnover increase from 2 Crore then OPC need to convert into a private company or LLP.
  • A person can not open multiple OPC only single is allowed.
  • There is a certain restriction on the type of business which OPC can not do like NBFC, Section 8 company.
Q4. Who can open one person company?

Any person who is a major and Indian citizen can be open an OPC.

Q5. What is the minimum capital required for OPC?

Minimum authorised capital of 1 lacs and there are no minimum paid-up capital criteria for OPC.

Q6. Can OPC convert into a private or public company?

Yes, after 2 years of the date of incorporation OPC can voluntarily change into a private or public company and if the paid-up capital of the company increase more than 50 lakhs or turnover exceeds 2 crores for more than 3 consecutive years then the company ceases to continue as OPC and has to be applied for a private or public company.

Q7. How long it will take to get OPC operational with the GST number?

Approx. 15-20 days after all proper documents receiving.

Q8. What are the further ROC filling for the OPC?

Following are the major forms for the OPC to be filled:

  • INC 3 – Consent of nominee
  • INC 4 – Change in member or Nominee
  • INC 5 – Intimation to ROC on exceeding threshold limit
  • INC 6 – Application to ROC for Conversion
  • AOC 4 – Annual Filling
  • MGT 7 – Financial statement
  • DIR KYC 3 – Directors KYC

Leave your contact details!

We will get in touch ASAP