Register your company today
One Person Company (OPC) Registration in India
- Get your application submitted within 10 Days
- Transparent process, thorough follow up and regular updates
How it Works
Why Should I Use Bluedex For OPC?
Step 1 - Fill Form
Just reach out to our experts at Bluedex on our website
Step 2 - Get resolved
On the call, get your queries resolved without any delay. Provide the required documents
Step 3 - Get certificate
Our team will support you with the formalities and compliances following registration
Documents Needed for OPC Company Registration
1
A scanned replica of a current bank statement: You can access bank statements online through internet banking or by visiting a bank location. Account statements and transaction summary statements are other names for them that are frequently used.
2
An electricity or gas bill, a phone bill, and a mobile bill: The name of your pvt ltd company must be unique. The suggested name should not match with any existing companies or trademarks in India.
3
Rental agreement in English transcribed in a digital format: Rental agreements are usually handed over as hard copies to the tenants. This has to be scanned and provided to the authority for documentation.
Company Compliances
Steps to Incorporate an One Person Company in India
The whole process for registering a one person company can be completed in a time span of just 20 days. All you have to do is reach out to Bluedex and complete the process with no delay.
Step 1:
: Check the eligibility and documentation
Step 2:
: Request DSCs and DINs for each director
Step 3:
: Submit a request for a name reservation Form Spice+ for company incorporation
Step 4:
: Apply for PAN and TAN for your new business
Step 5:
: RoC issues an incorporation certificate with a PAN and TAN
Step 6:
: Open a bank account and start your business.
Features of One Person Company
Easy Succession
Despite having a single person running all the daily activities of the company, OPC provides options for perpetual succession. After the demise of a member of the company, the nominee can run the company.
Limited Liability
The member in a one-person company has limited liability. Since OPC is a registered company it is treated as a separate legal entity providing greater protection to its members.
Sole Directorship and Shareholder
In an OPC a single member acts as a director so they stand liable for managing the company's day-to-day activities. In this case, there is no need for an executive director to run the daily needs.
Restrictions on One-Person Company
Not Apt for Scalability
Registering your business as an OPC is a perfect option for a small business structure. However, if you are planning to scale it up on greater levels then this might not work.at any given time the total number of people in an OPC is always one. expansion and growth of businesses.
Higher Restrictions on Business Activities
As per the rules and regulations, OPC is not permitted to conduct non-banking financial investment activities. Registering yourself as an OPC will not provide freedom to invest in the security of other corporations.
No Clear Distinction Between Ownership and Management
Since the one-person company has a single person to act as both the director of the company and the management there is no clear distinction between both roles.
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Testimonial
What people say about us
Our experience with Bluedex has been awesome and their execution method is Superb and just awesome. Would like to continue my association with VS for a longer tenure.
Our experience with Bluedex has been awesome and their execution method is Superb and just awesome. Would like to continue my association with VS for a longer tenure.
Our experience with Bluedex has been awesome and their execution method is Superb and just awesome. Would like to continue my association with VS for a longer tenure.
FAQs
Let’s clear all the doubts!
A nominee is a person who joins the business in the event that the promoter passes away or is rendered incapable.
The total number of shares that a company may issue to its shareholders is known as its authorised capital. A Company must pay the authorities an issued capital fee before issuing shares.
You'll spend about ₹12,000 to incorporate, followed by about ₹15,000 per year in compliance fees and the cost of an auditor to review your financial records.
Some of the application documents must be signed by the directors using their digital signatures, as per the MCA.
No, a person can only form one OPC at once. In an OPC, the nominee is also covered by this rule.
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