One Person Company (OPC) Registration

One Person Company (OPC) Registration

₹ 11900 all-inclusive

1 DIN, 1 DSC, MOA, AOA, OPC Incorporation, Government Fees, PAN, TAN, Post Incorporation Support


* Prices are higher for OPC registration in Kerala, Madhya Pradesh and Punjab on account of higher stamp duty.

One Person Company (OPC) Registration in India

The latest form of business introduced by Companies Act, 2013 is “One Person Company (OPC)”, which is a parallel and more structured form of Proprietorship. OPC Registration requires only one member to create this company and at the same time it has a separate legal entity, offers limited liability protection and enjoys stability and continuity of business. OPC Registration usually takes 10-15 days.

Every OPC has to mandatorily nominate a nominee Director in the MOA or AOA who will become the owner of the OPC in case the promoter Director is disabled. An OPC must be converted into a Private Limited Company if it crosses an annual turnover of Rs.2 crores and must file audited financial statements with the Ministry of Corporate Affairs at the end of each Financial Year.

OPC Registration Advantages

OPC Registration Process

It usually takes 10-15 days to register an OPC through SPICe INC-32 (A single application for Reservation of Name, Incorporation of Company, Allotment of DIN), subject to ROC processing time. VenturEasy makes OPC Registration easy for you.

1

DSC Application

1-3 working days

2

MoA & AoA, SPICe INC-32

7-9 working days

3

PAN & TAN Applications

1-3 working days

Comparing Private Limited Company, LLP and OPC

Factors of Comparison Private Limited Company One Person Company Limited Liability Partnership
Minimum Requirement Members – 2
Directors – 2
Member – 1
Director – 1
Nominee of Sole Member – 1
Designated Partners – 2
Minimum Capital No minimum requirement No minimum requirement No minimum requirement
Regulator Registrar of Companies Registrar of Companies Registrar of Companies
Compliance Requirements Annual Return Filing
Board Meetings & General Meetings
Annual Return Filing
No Board Meetings, if only one director
No General Meetings
Annual Return Filing
Taxation Taxed at 30% Taxed at 30% Taxed at 30%
Credibility High Medium Medium
Investor Preference High Low Medium
Statutory Audit Compulsory Compulsory If Contribution > Rs 25lacs or, Turnover > Rs. 40lacs
Conversion Can be converted into LLP Cannot be converted before 2 years Cannot be directly converted into a Private Limited Company
Time Taken for Registration 15 – 20 Days 10 – 15 Days 15 – 20 Days
Procedure Obtain DSC (Digital Signature Certificate)
MoA & AoA, INC-32 Incorporation Filing
PAN, TAN Applications
Obtain DSC (Digital Signature Certificate)
MoA & AoA, INC-32 Incorporation Filing
PAN, TAN Applications
Obtain DSC (Digital Signature Certificate)
Obtain DPIN (Designated Partner Identification Number)
Name Approval
Filing for Incorporation
File LLP Agreement
PAN, TAN Applications

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