Set up a sole One Person Company Firm

  • Instant Name Application for Company.
  • Expert assisted Online OPC registration in 7 business days
  • Name approval, DSC, DIN allotment, PAN, TAN, and compliance filing Done
  • Support for annual compliance, financial statements, and statutory audits.

10K+ One Person Company Firms Registered Since 2020

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Register One Person Company Firm Online through Compliance Gurukul

You can easily complete One Person Company firm registration online through Compliance Gurukul. For a sole One Person Company registration, only the PAN & Aadhaar card of the business owner is required. We can help you obtain the following registrations in less than 15 days:

  • GST Registration
  • Zero-Balance Business Current Account with Compliance Gurukul Software

Once, you have registered for the One Person Company firm registration online on Compliance Gurukul, please follow the steps below and upload the following documents by logging into Compliance Gurukul Software.

  • Step 1: Login to Compliance Gurukul Software using the email address for payment.
  • Step 2: Go to Services Tab & Select One Person Company Engagement
  • Step 3: Upload your PAN & Aadhar Card Copy
  • Step 4: An Compliance Gurukul Registration Expert will file the registration application with GST Department and Bank for Current Account.
  • Step 5: Access to Compliance Gurukul Software is for GST invoicing, GST filing and other services.

One Person Company (OPC) Registration in India

A One Person Company (OPC) is an ideal business structure for individual entrepreneurs in India who seek the benefits of a registered company while enjoying the simplicity of a single-owner entity. An OPC allows a single individual to form and operate a business with the advantage of limited liability protection, which shields personal assets from business liabilities. This structure is particularly suited for small businesses and startups, combining the simplicity of a sole proprietorship with the liability protection of a private limited company.

The OPC registration process is straightforward but involves specific steps to comply with Indian legal standards. First, you need to choose a unique business name and submit it for approval through the Ministry of Corporate Affairs (MCA) portal via the SPICe (Simplified Proforma for Incorporating Company Electronically) form. This is followed by preparing and submitting the essential company documents—namely, the Memorandum of Association (MoA) and Articles of Association (AoA)—which define the company’s objectives and operational guidelines as required by the Companies Act, 2013.

Next, you'll need to provide proof of your registered office address and supporting identity documents. Once these documents are submitted and approved by the Registrar of Companies (RoC), the company receives a Certificate of Incorporation, establishing it as an officially registered entity. OPCs enjoy lighter compliance requirements compared to other business structures, such as private or public limited companies, which translates to easier management and reduced regulatory demands.

Why Compliance Gurukul for OPC Registration Online?

Compliance Gurukul is the ideal partner for OPC registration online for several compelling reasons. With years of expertise in company registration and a deep understanding of the regulatory landscape, Compliance Gurukul simplifies the often complex OPC registration process. Our one person company registration fees are designed to be affordable while providing exceptional value, ensuring a seamless experience from start to finish.

We offer expert guidance, from name reservation to document preparation and submission for effortless OPC company registration. Our commitment to accuracy and compliance guarantees that your OPC registration process adheres to all legal requirements, while our dedicated support team is readily available to address any queries or concerns you may have. With our transparent one person company registration fees, you can trust Compliance Gurukul to deliver reliable and professional service tailored to your needs.

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Advantages of Register a Sole One Person Company Online

Below are the main advantages of sole One Person Company registration in India:

Business Operation Benefits

As the sole owner and director, the individual has complete control over the company's operations and decisions. Ease of Management With fewer regulatory requirements, OPCs are simpler to manage compared to other company structures. OPCs can easily convert to other types of companies as the business grows, providing flexibility for future expansion.

Legal and Compliance Advantages

Limited Liability Protection The owner's personal assets are protected, as their liability is limited to the capital invested in the company. Separate Legal Entity OPCs have a distinct legal identity and a simple business structure enabling them to enter into contracts, own property, and initiate legal proceedings in their own name.

Funding and Succession Planning

Increased Credibility Being a registered company, OPCs often find it easier to secure funding from banks and financial institutions. Succession Planning The nominee director ensures business continuity in case of the owner's death or incapacity, providing a clear succession plan.

Features of a One Person Company

A one-person company (OPC) allows a single entrepreneur to operate a corporate entity with limited liability protection, ensuring personal assets are safeguarded. It simplifies compliance and administrative requirements, making it easier for solo entrepreneurs to manage their businesses. Here is a list of the features of a one-person company

  • Single Ownership: An OPC is formed by a single person, who is both the shareholder and director.
  • Limited Liability: The liability of the member is limited to their shares, protecting personal assets.
  • Perpetual Succession: An OPC can continue its existence even after the death or incapacity of the owner, through the nomination of another person.
  • Separate Legal Entity: An OPC is a distinct legal entity from its owner, allowing it to own property, sue, and be sued in its own name.
  • Minimum Compliance: OPCs have fewer compliance requirements compared to other types of companies, making them easier to manage.

Eligibility Criteria for OPC Registration in India

Eligibility criteria for OPC registration in India is pointed out below:

  • Single Shareholder: Only a natural person, who must be an Indian citizen and resident, can incorporate an OPC.
  • Nominee Director: The sole shareholder must nominate a person who will take over in case of their death or incapacity.
  • They should have the legal capacity to enter into a contract
  • Not a Minor: The individual incorporating the OPC cannot be a minor.
  • Capital Requirement: The minimum authorised capital for incorporating OPC is ₹1 lakh but there is no minimum paid-up capital requirement.

One Person Company Registration Documents Required

Here is the list of documents required for OPC registration in India:

  • Director’s PAN Card: Copy of the PAN card of the sole shareholder and nominee director.
  • Identity Proof: Aadhar card, Driving License, voter ID, or passport of the sole shareholder and nominee director.
  • Address Proof: Latest utility bills, such as water or electricity bill, Mobile Bill or bank statements of the sole shareholder and nominee director.
  • Registered Office Address Proof: Rent agreement and a no-objection certificate (NOC) from the property owner, or utility bills if the property is owned.
  • Passport-Size Photographs: Recent passport-sized photographs of the sole shareholder and nominee director.
  • Memorandum of Association (MOA): A document outlining the company's objectives and business activities.
  • Articles of Association (AOA): A document detailing the rules and regulations governing the company's internal management.

Timelines

A sole One Person Company firm registration can normally be done in India through Compliance Gurukul in max 2 weeks. However, the timelines for registration will vary from case to case, depending on the government and bank processing timelines.

One Person Company FAQ's

The primary objective of OPC registration is to allow individual entrepreneurs to form a business entity with limited liability protection and full control, combining the benefits of sole proprietorship and corporate structure.

In the event that an OPC member is terminated due to death, incapacity to enter into contracts, or ownership changes, the company is required to submit form INC-4. The user must fill up the same form with the new OPC member's details.

The time limit for filing Form INC-5 is within 60 days of exceeding the threshold limits.

Only a natural person who is an Indian citizen and resident in India is eligible to act as a member of an OPC.

OPC registration is done through the SPICe+ form, involving obtaining a Digital Signature Certificate (DSC), Director Identification Number (DIN), name reservation, preparation of MOA and AOA, filing forms, and obtaining a Certificate of Incorporation.

Required documents include MOA, AOA, nominees consent, proof of registered office, declarations, and a compliance certificate.

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