One Person Company
One Person Company (OPC) Registration Services by The Business Founders
Welcome to The Business Founders, your trusted partner for all your business registration and consultancy needs. If you’re an individual entrepreneur looking to start your own business with limited liability, we offer expert assistance with One Person Company (OPC) registration. Our team is dedicated to guiding you through the registration process and helping you establish your OPC with ease.
About One Person Company (OPC)
A One Person Company (OPC) is a unique form of business entity introduced under the Companies Act, 2013, to support solo entrepreneurs. It allows a single individual to operate a corporate entity with limited liability, similar to a Private Limited Company. OPCs have the flexibility of a sole proprietorship while enjoying the benefits of a separate legal identity and limited liability protection.
Our One Person Company Registration Services
At The Business Founders, we offer comprehensive services to assist you with One Person Company (OPC) registration:
- Business Consultation: Our team provides personalized consultation to help you understand the benefits and requirements of forming an OPC and assess whether it's the right choice for your business.
- Documentation Support: We assist in preparing and organizing the necessary documents for OPC registration, including the memorandum of association, articles of association, director identification number (DIN), digital signature certificate (DSC), identity proof, address proof, and other required documents.
- Registration Process: We guide you through the OPC registration process, including name reservation, filing incorporation documents with the Registrar of Companies (ROC), and obtaining the certificate of incorporation.
- Compliance Assistance: We provide ongoing support and assistance with compliance-related matters, such as statutory filings, maintenance of statutory records, and adherence to company law regulations.
Why Choose The Business Founders?
- Expertise and Experience: With years of experience in business registration and consultancy, our team possesses the expertise and knowledge to handle OPC registration efficiently and accurately.
- Personalized Service: We understand the unique needs and circumstances of solo entrepreneurs and tailor our services to provide personalized solutions that meet your specific requirements.
- Timely Assistance: We prioritize prompt and efficient service delivery to ensure that your OPC registration is completed in a timely manner, enabling you to start your business without delays.
- Compliance Assurance: We ensure that your OPC registration is compliant with all legal requirements and regulations, helping you avoid any potential compliance issues or penalties.
Get Started Today
Ready to establish your One Person Company (OPC) and pursue your entrepreneurial dreams with limited liability? Contact The Business Founders today to learn more about our OPC Registration Services and how we can assist you in setting up your OPC with ease. Let us help you embark on the journey of business ownership and success.
FAQs
A One Person Company (OPC) is a type of business entity that allows a single individual to operate and manage a company with limited liability. It provides a legal structure for small businesses to operate as a separate legal entity.
Any Indian citizen and resident who is a natural person can form an OPC in India. Additionally, only individuals who are not minors or incapacitated by law can incorporate an OPC.
Some key features of an OPC include limited liability protection for the sole member, separate legal entity status, no minimum capital requirement, and the ability to have perpetual succession.
Companies engaged in non-profit activities, companies involved in financial activities, and companies that have more than one member cannot be registered as OPCs.
The basic requirements for OPC registration include having a single director and shareholder who is also the sole member of the company, choosing a unique name for the company, and drafting and filing the incorporation documents with the Registrar of Companies (ROC).
No, only Indian citizens and residents can form OPCs in India. Foreign nationals and NRIs are not eligible to incorporate OPCs.
The documents required for OPC registration include identity and address proof of the sole member, director identification number (DIN) for the sole director, proof of registered office address, and consent to act as director and member.
The time taken to register an OPC in India varies depending on various factors such as document preparation, filing procedures, and processing times at the ROC. Generally, OPC registration can be completed within 15-20 days from the date of application.
Yes, it is mandatory for an OPC to have a registered office address in India. The address proof of the registered office must be provided during the registration process.
Yes, an OPC can convert into a private limited company or a public limited company subject to compliance with the prescribed procedures and approval from the ROC.
The annual compliance requirements for OPCs include filing of annual returns, financial statements, and other necessary documents with the ROC, maintaining proper books of accounts, and compliance with tax laws.
Yes, an OPC can be voluntarily closed or dissolved by the sole member through a voluntary winding-up process, subject to compliance with the provisions of the Companies Act, 2013, and approval from the ROC.
No, an OPC can have only one director and one shareholder who is also the sole member of the company. If the OPC exceeds the threshold limit specified by law, it must be converted into a private limited company.
The liability of the sole member in an OPC is limited to the extent of his/her shareholding in the company. The personal assets of the sole member are protected from the liabilities of the company.
Yes, the sole member of an OPC can appoint a nominee who will take over the management of the company in the event of the death or incapacity of the sole member. The nominee must be an individual who consents to act as such and meets the eligibility criteria.
