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One Person Company Registration


The concept of One Person Company in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. One of the biggest advantages of a One Person Company (OPC) is that there can be only one member in a OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership (LLP). Similar to a Company, a One Person Company is a separate legal entity from its promoter, offering limited liability protection to its sole shareholder, while having continuity of business and being easy to incorporate.

Though a One Person Company allows a lone Entrepreneur to operate a corporate entity with limited liability protection, a OPC does have a few limitations. For instance, every One Person Company (OPC) must nominate a nominee Director in the MOA and AOA of the company - who will become the owner of the OPC in case the sole Director is disabled. Also, a One Person Company must be converted into a Private Limited Company if it crosses an annual turnover of Rs.2 crores and must file audited financial statements with the Ministry of Corporate Affairs at the end of each Financial Year like all types of Companies. Therefore, it is important for the Entrepreneur to carefully consider the features of a One Person Company prior to incorporation.

5 Simple Steps

to Start One Person Company in India


1
Arrange basic documents of Directors
2
GSTSamadhan will apply for DSC (Digital Signature) of Directors
3
GSTSamadhan will apply for name approval
4
GSTSamadhan will prepare all statutory documents of compnay and file the same
5
Get your Company Incorporation Certificate

Advantages & Benefits


Why to Register One Person Company

Seperate Legal entity

A One Person Company enjoy seperate legal entity status distinct from its shareholders and promoters.

Easy Fund Raising

One Person company enjoy greater confidence of investors and financial intitutions as compare to other form of business entity.

Stability & Growth

Runninig bussiness as private limited company is more stable and create growth opportunities as compare to other form of business entity.

Protects Personal Liability

In One Person Company shareholders and promoters are not personally held liable for the work of company.

Minimum Requirements


Minimum 1 Director.
Minimum 1 Shareholders.
Registered Office.
Registered Office Proof
Identity Proof
Address Proof
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