
One Person Company
ValueTax- Your Success is our only Business
Ideal For Sole Promoter Entered Into Enterpreneurship
Overview
- One Shareholder: One of the most important features of an OPC is that it consists of only one person as both Director and a shareholder.
- Separate Legal Entity: OPC is a separate legal entity from its owner which also benefits its owner in limiting his/her liability to the extent of his/her share holding in the company and secures his/her personal assets from being attached to any liability of the company.
- Less Compliance: One Person Company requires less compliances as compare to any other form of business structure.
Packages
Choose the package that suits you and let us know.
Why Choose One Person Company?
One Person Company, the most popular legal structure for businesses, is a new concept in India which is famous among single entrepreneur and freelancers who want to do business on their own terms with no interruption. A One Person company can be incorporated with minimum 1 director and maximum 15 directors and has only 1 shareholder. An OPC should have a minimum share capital of Rs 1 lac.
Talk to a CA to know more!
Steps Involved
Step 1: Application for DSC (Digital Signature Certificate).
Step 2: Apply for the DIN (Director Identification Number)
Step 3: Name Approval Application.
Step 4: Documents Required MOA, AOA
Step 5: Filing Forms with MCA
Step 6: Issue of certificate of Incorporation
* For Name availability under RUN Web service, there is no prior requirement to obtain DSC and DIN . It can be done with account login on MCA portal.
Required Documents for Private Limited Company Registration
For Directors/Nominee
Copy of PAN Card
Identity Proof (Voter Card, Passport, Driving License)
Address Proof (Bank Statement, Mobile bill, Telephone bill, Electricity Bill)
Passport Size Photo
For Registered Office
Ownership Proof (Electricity Bill, Gas bill, Electricity Bill, Mobile Bill)
NOC (Download Format)
Type | Ideal For | Minimum No. Of Members | Tax | Statutory Compliance | Time Taken |
---|---|---|---|---|---|
Private Limited Company | Startup and Small Entities | 2 Directors | 25 | High | 2 Weeks |
Limited Liability Partnership | Professionals | 2 partners | 30 | Moderate | 2 Weeks |
Partnership Firm | 2 Partners | 2 Partners | 30 | Low | 2 Weeks |
One Person Company | Sole Promoter | 1 Director | 30 | High | 2 Weeks |
Sole Proprietorship | Individual | Individual | 10-30 | Low | 1 Week |