One Person Company Registration (OPC)

A One Person Company (OPC) is formed when only one person serves as both the director and the shareholder of the business. Under the provisions of the Companies Act of 2013, this concept was introduced for the first time. Furthermore, an OPC is a type of sole proprietorship firm in the form of a corporation that gives a single person ultimate authority over a business while limiting his liabilities and responsibilities.
Furthermore, a company with only one person as its director and member shall be classified as a One Person Company (OPC) under section 2 (62) of the Companies Act, 2013.
A company can be formed with just one Director and one member, according to Section 2 (62) of the Company's Act 2013. In India, One Person Company registration is a type of entity with fewer compliance requirements than a Private Limited Company.

Registering One Person Company is quick, simple, and can be done online with few easy steps:
Step 1: Consult our advisors who will guide you through checking eligibility and documents requirement
Step 2: Our team will assist you find unique company name available on MCA records
Step 3: We assist you applying for DSC & DIN of the director
Step 4: Our professionals shall prepare all necessary ROC forms such as MOA, AOA, Spice , DIR, COB, etc) and file before Ministry of Corporate Affairs [MCA]
Step 5: Deliver you Certificate of Incorporation, PAN, TAN and all other necessary documents

Advantages of One Person Company Registration

There are various reasons to register your business as One Person Company:
1. There are various reasons to register your business as One Person Company
2. Director's Personal Assets Have Limited Liability Protection
3. Easy to raise loans and overdraft limits with a better image and reputation in the market
4. No involvement of outsider third party
5. Comparatively low income tax rate compare to sole proprietor firm
6. When compared to other corporate forms of business, compliance is lesser

Documents Required for OPC Registration

1. Photo
2. PAN Card
3. Aadhar
4. Address Proof
5. Proof of Identity