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One Person Company

Just @ 11,999/-

 DIN of  Director   DSC of Director   Name approval

 MOA/AOA                 PAN Card              ROC Fee

One Person Company Registration Query

Benefits of Setting up a One Person Company (OPC)

One Person Company is a Private Limited Structure, which is the most popular business structure. It has many advantages as compared to Proprietorship firm. In a proprietorship firm, all  personal assets of proprietor may be at risk in the event of failure, but this is not in the case of a One Person Private Limited Company. In OPC shareholder liability is limited to his shareholding. Others benefits of setting up an One Person Company are:

  • OPCs have been provided with a number of exemptions and therefore have lesser compliance related burden.
  • OPC is organized version of Propritership firm and open the avenues for more favorable banking facilities.
  • An OPC gives the advantage of limited liability to entrepreneurs whereby the liability of the member will be limited to the unpaid subscription money.
  • In case of death/disability of the sole person should be provided through appointment of another individual as nominee director.
  • Complete Control Of The Company With The Single Owner

Documents Required for Registration as One Person Company

 Identity Proof of Proposed Director

PAN Card / Copy of Passport

 Photographs of Proposed Director 

2 Passport Size Photographs

  Address Proof of LLP’s Registered Address

Rent Agreement / Sale Deed

 Address Proof of Proposed Director 

Passport / Aadhar Card / Driving License

How Does it Work ?

Provide Required Data

Make Payment

Apply DIN , DSC , Name

Draft MOA/AOA

Apply Registration

Obtain Registration Certificate

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Frequently Asked Questions

Yes, A private company can convert itself into a OPC provided: 1. it is not a Section 8 (with charitable objects) company 2. its paid up capital is equal to or less than Rs.50 lacs 3. its average annual turnover is equal to or less than Rs.2 crores in the relevant period 4. it passes a special resolution in its general meeting for such conversion 5. it obtains a NOC in writing from its members and creditors* for such conversion prior to passing of the abovementioned special resolution
At the time of incorporation of OPC, the sole member of OPC is required to appoint another person as his nominee and his name shall have to be featured in the Memorandum of Association of the OPC. The nominee so appointed shall: a. in the event of the sole member’s death; or b. in the event of the sole member becoming incapacitated to contract; become the member of OPC. A nominee so appointed is required to give his written consent for the same. The said written consent will also have to be filed with the ROC at the time of incorporation of the OPC along with its MoA and AoA. A nominee may also withdraw his consent if he so desires. To re-iterate, only a natural person who is an Indian Citizen and resident in India is eligible to be a nominee as aforesaid.
The Procedure to be followed for nomination by a member is as follows: 1. Memorandum of OPC to indicate the name of nominee. 2. The above nomination indication shall be filed by the OPC subscriber with the Registrar in Form No. INC.2 3. OPC subscriber also required to file the consent of his nominee in Form No. INC.3 4. If the OPC subscriber/member dies or become incapacitated to contract, his nominee shall become the new member of OPC. 5. The new member as aforesaid in turn is required to appoint his nominee within 15 days of his becoming the new member of OPC 6. OPC to file with the Registrar within 30 days of change in membership: a. Form No INC.4 for the intimation of such cessation and nomination and b. Form No INC.3 for the consent of the new nominee.
The Procedure for change in nomination is as follows: 1. The subscriber or member of OPC can change his nominee at any time or for any reason by giving a notice in writing to the OPC. 2. OPC subscriber to obtain prior consent of new nominee in Form No INC.3. 3. OPC to file with the Registrar within 30 days of receipt of intimation of change: a. Form No INC.4 for the intimation of such cessation and new nomination and b. Form No INC.3 for the consent of the new nominee.
One Person Company shall cease to be entitled to continue as a OPC if: 1. Its paid up capital exceeds Rs.50 lacs; or 2. It save rage annual turnover during there Levant period i.e.immediately preceding 3 consecutive financial years exceeds Rs. 2 Crores
OPC can have one or more Directors on its board. It is not specifically mentioned for the number of directors. As per the provisions of Sec 149 a OPC can have a maximum of 15 directors. It can, however appoint more than 15 directors after passing a special resolution.
Yes, The annual return in case of OPC shall be signed by the company secretary or where there is no company secretary, by the director of the OPC
At the time of incorporation of OPC, the sole member of OPC is required to appoint another person as his nominee and his name shall have to be featured in the Memorandum of Association of the OPC. The nominee so appointed shall: a. in the event of the sole member’s death; or b. in the event of the sole member becoming incapacitated to contract; become the member of OPC. A nominee so appointed is required to give his written consent for the same. The said written consent will also have to be filed with the ROC at the time of incorporation of the OPC along with its MoA and AoA. A nominee may also withdraw his consent if he so desires. To re-iterate, only a natural person who is an Indian Citizen and resident in India is eligible to be a nominee as aforesaid.
The Procedure to be followed for nomination by a member is as follows:
  1. Memorandum of OPC to indicate the name of nominee.
  2. The above nomination indication shall be filed by the OPC subscriber with the Registrar in Form No. INC.2
  3. OPC subscriber also required to file the consent of his nominee in Form No. INC.3
  4. If the OPC subscriber/member dies or become incapacitated to contract, his nominee shall become the new member of OPC.
  5. The new member as aforesaid in turn is required to appoint his nominee within 15 days of his becoming the new member of OPC OPC to file with the Registrar within 30 days of change in membership: a. Form No INC.4 for the intimation of such cessation and nomination and b. Form No INC.3 for the consent of the new nominee.
The Procedure for change in nomination is as follows:
  1. The subscriber or member of OPC can change his nominee at any time or for any reason by giving a notice in writing to the OPC.
  2. OPC subscriber to obtain prior consent of new nominee in Form No INC.3.
  3. OPC to file with the Registrar within 30 days of receipt of intimation of change: a. Form No INC.4 for the intimation of such cessation and new nomination and b. Form No INC.3 for the consent of the new nominee.
One Person Company shall cease to be entitled to continue as a OPC if: 1. Its paid up capital exceeds Rs.50 lacs; or 2. It save rage annual turnover during there Levant period i.e.immediately preceding 3 consecutive financial years exceeds Rs. 2 Crores
If OPC or any officer of OPC contravenes the provisions of the Companies (Incorporation) Rules 2014, then such OPC or any officer of the OPC shall be punishable with fine which may extend to Rs.10,000/- and with a further fine which may extend to Rs.1000/- for every day after the first day during which such contravention continues.