One Person Company
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Registering a One Person Company Company through URBANFILTERS
What is OPC registration?
One Person Company in India is a new concept that has been introduced with the Company’s Act 2013. One Person Company in India is incorporated by a single person. Before the enforcement of the Companies Act 2013 a single person was not able to establish a company. An OPC has features of a Company and the benefits of the sole proprietorship. Earlier if a person had to establish a business then he or she should only opt for a sole proprietorship.
Please follow the steps below and upload the following documents.
According to Section 2 (62) of the Company’s Act 2013, a company can be formed with just 1 director and 1 member. Person Company registration in India is a type of entity where there are lesser compliance requirements than that of a Private Limited Company.
A-One Person Company Registration in India can be obtained under the Companies Act 2013 with just one single member and one Director. The Director and member can also be the same person. Here an individual who may be a resident or Non-resident Indian can register an OPC in India.
Find if a business name can be registered with MCA in India
To register a company in India, the first step is to obtain name approval for the business from the Ministry of Corporate Affairs (MCA). This process takes about 24-48 hours. A private limited company name in India must end with the words private limited. One Person Company ends with (OPC) private limited. LLP end with LLP and Section 8 companies can end with words like foundation, association or institution.
A company name proposed to be registered cannot be identical or similar to an existing company name. Also, every company name must include a word that denotes the activity undertaken. For example, in VERVE Financial Services Private Limited – Financial Services denote the activity undertaken.
Documents Required For OPC Registration
- PAN Card
- Passport/ Voters Identity Card/ Ration Card
- Driving License
- Electricity Bill/ Telephone Bill
- Aadhaar Card
- Bank Statement
- Sale Deed Copy
- Lease / Rent Agreement
- MOA Subscriber Sheet
- AOA Subscriber Sheet
- Passport Size Photo
- Recent Utility Bill
- Business Place