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Infinity Filings | Companies | Income Tax | Startup | Businesses Setup | Entreprenuers

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Easily Register an One Person Company
Infinity Filings offers OPC Setup services from ₹14,899/-

Get Started
with ₹ 14,899/-

One Person Company

The concept of One Person Company (OPC) is a new form of business, introduced by The Companies Act, 2013, thereby enabling Entrepreneur carrying on the business in the Sole-Proprietor form of business to enter into a Corporate Framework. One Person Company is a hybrid of Sole-Proprietor and Company form of business, and has been provided with concessional/relaxed requirements under the Act.

Features of One Person Company

One Shareholder

One of the biggest advantages of an OPC is that only one person is required to incorporate and operate a company compared to minimum requirement of 2 persons in case of a Pvt Ltd Company. Only a natural person, who is an Indian citizen and resident in India shall be eligible to incorporate a One Person Company.

Perpetual Succession

A company being a separate legal entity is unaffected with the happenings of the promoter or directors. While signing the MOA & AOA, the promoter of the OPC shall have to nominate one other person to whom the Company shall rest in case of death or disability.

Holding Property

A company being an artificial judicial person enjoys a few rights, one of them being, acquiring, holding and alienating any asset in its own name. Such assets are owned by the company and can be transferred by selling shares to some other person.

An OPC cannot convert voluntarily into any kind of company unless two years have expired from the date of incorporation of One Person Company,

If the Paid-up capital of the Company crosses Rs.50 Lakhs or the average annual turnover of immediately proceeding 3 consecutive financial years exceeds Rs.2 Crores, then the OPC has to invariably file forms with the ROC for conversion in to a Private or Public Company, with in a period of 60 Days on reaching the above threshold limits.

Steps to Incorporate One Person Company (OPC)

01

DSC

Obtain Digital Signature Certificate (DSC) for the proposed Director(s).
02

Discussion

Our Expert will discuss with you in detail the requirements and guide you the process.
03

Draft

Draft Memorandum of Association and Articles of Association (MOA & AOA) along with other required documents.
04

MOA & AOA

Sign and file various documents including MOA & AOA with the Registrar of Companies electronically.
05

Scrutiny

Scrutiny of documents at Registrar of Companies (ROC).
06

Receipt

Receipt of Certificate of Incorporation from ROC.

OPC Incorporation

Infinity Filings can incorporate a One Person Company in 5 to 10 days, subject to ROC processing time.

Name Approval

A minimum of one and a maximum of six proposed names must be submitted to the MCA. Subject to availability, naming guidelines and registered trademark clashes.

OPC Incorporation

Incorporation documents are submitted to the MCA along with requisite stamp duty & fees for incorporation. MCA will usually approve the application for incorporation in 2 to 5 days.

Packages

  • Basic Package
  • ₹14,899
    per includes
  • Incorporation
  • PAN Application
  • TAN Application
  • 1 DSC and 1 DIN
  • --
  • Deluxe
  • ₹16,699
    per includes
  • Incorporation
  • PAN Application
  • TAN Application
  • 1 DSC and 2 DIN
  • Company Kit
  • --
  • Premium
  • ₹24,899
    per includes
  • Incorporation
  • PAN Application
  • TAN Application
  • 1 DSC and 2 DIN
  • Company Kit
  • TDS filing 1 Year

Frequently Asked Questions

Yes, just one person is required to incorporate or operate an OPC.

This is a sample text. You can click on it to edit it inline or open the element options to access additional options for this element.

If your annual turnover is more than Rs. 10 Lakhs, its better to opt for an OPC.

This is a sample text. You can click on it to edit it inline or open the element options to access additional options for this element.

There is no minimum capital requirement for an OPC and it can be started with any amount. However, there must be an authorized capital of Rs. 1,00,000.

A director is a natural person who manages and controls the daily affairs of the company. He occupies a pivotal position in the structure of the company.

Yes, a nominee can be changed any number of time with the proper intimation to the Registrar of Companies in specified forms. Contact Us.

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