One Person Company Registration in India

One person company (OPC) means a company formed with only one (single) person as a member, unlike the traditional manner of having at least two members.

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Ardens Business Solutions is your one stop legal & management service provider for your business. Registering your business is one of the most important process in establishing your brand in terms of credibility and accountability. When it come to legal and management service we are the one to bet on for all such workloads.

Prepyerly Private Limited

The entire process was smooth and so professional and I got lot of clarity on how gst works & how simple you made for us to understand things during the registration process. I can trust you at any point of time.


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Naren

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Overview, Checklist & Deliverables

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.

How to register an OPC in India?

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.

Required Documents to Register as One Person Company

Nominee

  • PAN Card
  • Passport
  • Voters Identity Card

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Deliverables after your company registration is done

Company

  • 1 Digital Signature - 2 Year Validity
  • 1 Director Identification Numbers
  • Name Approval
  • Authorised Capital Fee
  • Incorporation Fee
  • Stamp Duty
  • PAN & TAN
  • Bank Account Opening
  • Commencement of Business
  • GST Registration

Frequently Asked Questions

Can an Indian citizen who is living abroad be allowed to form a One Person Company?

No. As per the Act, Only Indian born citizens can form a One Person Company. Non-resident Indians or individuals who do not reside in India for over 182 days cannot incorporate an OPC.

What if a nominee of one OPC becomes a nominee of another OPC?

As per the Act, Nominee of one OPC, cannot be a nominee of another OPC. In this event, the Nominee has to withdraw his membership from either of the OPCs within one hundred and eighty days.

What if, if the turnover of the company exceeds Rs.2 Crores?

As per the Act, the average annual turnover during the relevant period should not exceed Rs.2 Crores. If it exceeds, then the company automatically get converted to a Private Limited Company.

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