One Person Company Registration Online In India
The full form of OPC is One Person Company, it is a kind of private limited company with only a single person. If anyone wants to register the company solely then OPC registration is the best option for that person because there is only one shareholder required and there is no chance of management dispute if there is only one director. The OPC is also registered under the companies act and regulated by the Ministry of Corporate Affairs (MCA). To register an OPC there is no minimum capital requirement, it can be started with Rs. 1000/- capital as well and once it is registered there is no need to renew the certificate, again and again, it will be valid for a lifetime until a company closure application filed to the registrar. An OPC is the best option for a startup that is going to register their company solely and want to expand their business because as it is regulated by proper government authority it attracts financial support from banks, FIs, or other investors. But only registration is not sufficient to run the business the compliances are also important to do on time, like auditor appointment, filing form for commencement of business, doing annual compliance every year.
Document List:
Director/Shareholder and Nominee
• Photo
• PAN Card
• Identity Proof (Voter Id/Passport/Driving License), anyone
• Address Proof (Bank Statement/Electricity bill/Mobile bill/Telephone bill), anyone but not older than 2 months
Office address proof
• If owned (sale deed/house tax receipt), anyone; or
• If rented then the rent agreement
• Utility bill (Electricity bill/mobile bill/telephone bill/gas bill), anyone not older than 2 months
• NOC from the owner of the property.
Procedure to register OPC
1. Name reservation: An application for name reservation shall be filed first to start the registration process, once it is approved it is valid for 20 days only. The company should have “(OPC) Pvt Ltd” at the end of their name, and the approval is depending upon the registrar only.
2. DSC & DIN: The director or shareholder must have Digital Signature before filing the incorporation form as the forms are accepted and signed by digital signatures only. DIN is an identification number that is allotted to the directors only and now it is allotted at the time of issuance of incorporation certificate, there is no need to file a separate application for DIN allotment to the registrar.
3. Document drafting and signing: After name approval, certain documents will be drafted like director consent letter, MOA, AOA, INC-3 (nominee consent), NOC, etc. will be drafted and signed and these will be submitted to the registrar.
4. Submission of final form: Once all documents are completed then a final form will be filled and all the documents will be attached in the form and after signing with DSC it will be submitted to the registrar for their approval. If the registrar is satisfied with the application then he will grant the certificate of incorporation along with PAN, TAN, and DIN to the company. Once the company is registered it is very important to maintain the status of the company by complying with all the conditions and regulations.
For more information visit:- Registerexperts.com
Document List:
Director/Shareholder and Nominee
• Photo
• PAN Card
• Identity Proof (Voter Id/Passport/Driving License), anyone
• Address Proof (Bank Statement/Electricity bill/Mobile bill/Telephone bill), anyone but not older than 2 months
Office address proof
• If owned (sale deed/house tax receipt), anyone; or
• If rented then the rent agreement
• Utility bill (Electricity bill/mobile bill/telephone bill/gas bill), anyone not older than 2 months
• NOC from the owner of the property.
Procedure to register OPC
1. Name reservation: An application for name reservation shall be filed first to start the registration process, once it is approved it is valid for 20 days only. The company should have “(OPC) Pvt Ltd” at the end of their name, and the approval is depending upon the registrar only.
2. DSC & DIN: The director or shareholder must have Digital Signature before filing the incorporation form as the forms are accepted and signed by digital signatures only. DIN is an identification number that is allotted to the directors only and now it is allotted at the time of issuance of incorporation certificate, there is no need to file a separate application for DIN allotment to the registrar.
3. Document drafting and signing: After name approval, certain documents will be drafted like director consent letter, MOA, AOA, INC-3 (nominee consent), NOC, etc. will be drafted and signed and these will be submitted to the registrar.
4. Submission of final form: Once all documents are completed then a final form will be filled and all the documents will be attached in the form and after signing with DSC it will be submitted to the registrar for their approval. If the registrar is satisfied with the application then he will grant the certificate of incorporation along with PAN, TAN, and DIN to the company. Once the company is registered it is very important to maintain the status of the company by complying with all the conditions and regulations.
For more information visit:- Registerexperts.com