4.7 (228 Ratings)
One person company (OPC) is a type of private limited company where only one shareholder holds 100% of the stake in the company. He will also act as a director for the company. Entrepreneurs who like to have a single person control in the entity can opt for this type.
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Once we receive quote request, our experts will get in touch with you immediately.
After the discussion and submission of required documents, service will delivered. Time of delivery may differ based on the service.
Benefits that are yielded by choosing this service are numerous as mentioned below
In partnership firms, Partner's liability is unlimited and at risk incase the business fails to repay its loans and liability. So, partner's personal savings and property would be at risk. But in a private limted company, only its investment is made liable.
Corporate Customers. Vendors and authoritative Govt. Agencies prefer to transact with private limited instead of proprietorship or partnership firms.
There is no such mandatory requirements to conduct Annual General Meeting (AGM) and also there are less ROC compliances when compared to private limited companies.
Startup Entrepreneurs can easily start-off with OPC's and easily test their business model in approaching Angel investors, Venture capitalists for funding.
With the one person control in the company, fast decision making is done.
OPC is pretty easy to sell, less cost and least documentation involved in selling.
List of Documents that are required to proceed with this service package are
PAN card copy of the Director and Shareholder.
Passport copy or Bank statementof the Directors and Shareholders of the Company
Proof of registered office, Updated gas or electricity bill or Property tax receipt
Copy of rental agreement and no objection certificate from the owner of the property
Specimen signature or impression
Photo ID proof of director - Voter ID or Passport or License
Passport size photograph
Criteria that should be satisfied to be eligible to choose this service package are
Minimum 1 Shareholder
Minimum 1 Nominee
Minimum Authorised Share Capital to be Rs. 1 Lac
Minimum 1 Director
Shareholder & nominee shall be only Indian residents
Director Identification number (DIN) for the director
Directors and Shareholders can be same person
Digital Signature Certificate (DSC) for the promoter
Deliverables that you will receive by choosing this service are
DIN for 1 Director
AOA and MOA
Bank Account opening support
Digital Signature Token for 1 Promoter
Business Incorporation Certificate
Company PAN Card
Company Name Approval
Company TAN/TDS Number
List of typical questions that you might ask regarding this particular service are