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setindiabiz

OPC Registration In India

100% Online Process & Transparent Pricing

Register your One Person Company; A Private Limited Company Owned By One Person. In our package get ✓One DSC & DIN ✓Name Approval ✓COI ✓MOA✓AOA ✓PAN ✓TAN & Bank A/c. 100% Online Order & Documentation, Chat with the startup specialist today.

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Minimum Requirements to Incorporate a Company

Minimum Two Person

Minimum Two Person

Register your company with just a single owner to act as the initial director/shareholders. Only a resident citizen of India can incorporate a One Person Company. A Nominee is also required for the single owner.

Resident Director

Registered Address

The company need an address for incorporation; we require proof of registered address and the NOC from the owner of the registered address. The residential address can be given as a registered address.

Registered Address

Capital Requirement

Invest as per the requirement of your business, and there is no minimum or maximum capital requirement as such prescribed in law. However, the govt fee for company registration is based on the capital.

Process of One Person Company Registration

For registration of OPC, only one person is required as a shareholder. However, up to 15 people can be appointed as a director. The one person company is suitable for small companies where the turnover is not likely to cross Rs. 2 Crores, and the maximum amount of capital is limited to Rs. 50 Lac. An OPC can have more than one director. However, one of them must be an Indian Resident. The OPC can be registered by Indian Citizen Only, and FDI is not allowed in an OPC. You may calculate the OPC registration fee the OPC registration fee and place an online order with us. All documents and information documents and information may be submitted to us Online.

  1. Which Business Entity Type Is Right For Your New Business? Which Business Entity Type Is Right For Your New Business?
  2. Check Name Availability For OPC Registration Check Name Availability For OPC Registration
  3. Document Checklist and Format Document Checklist and Downloadable Format
Process of OPC Registration Video

Stepwise Process & Time Line for OPC Registration

Documents of Directors/Shareholder

Passport Size Colour Photograph

Passport Size Colour Photograph

Pan Card of All Promoters

Pan Card of All Promoters

Address Proof - Telephone, Gas, Electricity Bill or Bank Statement

Address Proof
Telephone, Gas, Electricity Bill or Bank Statement

Identity Proof : Passport/Voter ID/Driving License

Identity Proof
Passport/Voter ID/Driving License

Documents For Registered Address

Passport Size Colour Photograph

Proof of Premises
Telephone, Electricity, Water Bill

Pan Card of All Promoters

NOC From Owner

Step-1:
Documentation

Documentation plays a significant role in OPC Registration. The primary documents of promoters like PAN, ID, and address proof are to submitted along with utility bills like electricity bill, water bill, or telephone bill of the registered address along with a NOC from the owner of premises as proof of the registered address of the Company. The list of documents required is provided above for your reference. We shall request the necessary information for OPC Registration in the Questionnaire.

Step-2:
Selection of Name for OPC Registration

The name of every Company should be unique and must not violate the name of any other company or someone else trademark. For this purpose, we conduct a thorough search of the name as per section 4 of the companies act and read with rule 8. Please refer to our detailed discussion on name approval guidelines for company registration.

Step-3:
DSC for All Promoters of One Person Company

DSC is equivalent to the physical or paper signature under the information technology act. For registration of One Person Company, all the applications to ROC are filed in digital format signed by its proposed director. The filing process for OPC Registration starts with the issue of a digital signature for the shareholder and director of the Company.

Step-4:
Name Approval for OPC Registration

RUN is the name of an online application, which is to be used for making an application for seeking approval of the ROC for the proposed Name of the Company. It is a web-based application, where two names in order of preference can be filed with a note on the significance of the name and the business activities.

Step-5:
Spice Form Filing to ROC for OPC Incorporation

After name approval of the OPC, we need to file the formal application for incorporation of the Company in form SPICE to the ROC with appropriate documents as attachments. The documents to be attached with Spice Form are MOA, AOA of the Company, KYC documents of promoters, and proof of the registered address with NOC from the landlord. The DSC of the promoters is then used to sign the application, which is further attested by one practising Chartered Accountant, Company Secretary, Cost Accountant, or an Advocate practising at High Court. The government filing fee for Company Registration depends on the proposed capital of the Company.

Step-6:
Registration of The OPC Company with ROC

The final stage for the OPC registration is the Issue of Certificate of Incorporation for the One Person Company after the verification of the application for OPC Registration is filed in Spice Form. The issue of the registration certificate for OPC is the conclusive proof of the registration of the Company by ROC.

Step-7:
PAN & TAN Number for the OPC

Nowadays, the issue of Pan Number and TAN is done automatically at the time of incorporation of the Company. There is no need to make any separate application. The PAN Number and TAN comes printed on the certificate of incorporation itself, and after the registration of the Company, E-Pan and Tan letter is sent via email.

Company Registration

List of Items that you get with One Person Company Registration

  • DIN for 1 Director
  • Digital Signature for 1 Director
  • Company Name Approval
  • MOA + AOA Drafting
  • Incorporation Certificate
  • PF + ESIC + PT Registration
  • Copy of Spice Plus Form as approved
  • Company ePAN Card
  • Company TAN/TDS Number
  • Bank A/c Opening Document Support

Note: The Govt Fee payable to ROC depends on Capital and the Location of the Company. Request Customised Quote

Google Review of Setindiabiz, We are Lovin It Review of Setindiabiz

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I am new at incorporation field but SETINDIABIZ help me out & I would like to mention especially for Ms Sana Parveen guided me all through the...See at Google

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They provide the best service for business registeration.Thank you so much Shaily for providing such a great and efficient assistance for my... See at Google

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The executive person were incredible helpful and understanding of my views of situation and did everything they could to get me the Incorporation...See at Google

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I have done my company registration at SETINDIABIZ along with TM and taken consultancy services for FDI . Services and guidance was...See at Google

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Big thanks to Kuldeep, Shaily and folks at SetIndiaBiz for registering my company within 7 days. Everything was handled professionally... See at Google

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I appreciate your service and will surely recommend to my friends who are looking for registering their company . It was a excellent job... See at Google

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Thanks For Helping In Registration of Company And Registration of GST. They Come Quickly Than Estimated Time. ................... See at Google

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Thank you SETINDIABIZ for all your help in registering my private limited company in Bangalore, very smooth and they made it very easy for me. ... See at Google

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Good work done by Mr manav gandhi ,he is more concerned about my work to be completed on time,loved his working. ...............See at Google

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Overall it is good Experience. Representatives are very active. They will walk you through each and every process. They will help you with the...See at Google

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Great service with understanding of budget and requirement of customer. A trustful firm for people who has basic knowledge of legal rules. ... See at Google

Punya Gautam Punya Gautam , Dec 05, 2019
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I highly appreciate the managers and co-workers as they are highly committed to their work. All the reports, forms and correspondence are... See at Google

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I had very good experience of setting up my company. The team at SetIndiabiz are professional & understands need and executes at pace needed. ... See at Google

Srinivasa Rao Valiveti Srinivasa Rao Valiveti , Nov 26, 2019
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Setindiabiz is a Great Company for registration of PVT. LTD. , LLP or any other company. Their process is fast but due to Durga puja holiday my... See at Google

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Manga Lucas Manga Lucas , Nov 17, 2019
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Dedicated, supportive and understanding team. What else we need to get the jobs done? Thanks to Set India Biz for helping me. .......See at Google

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Have a great pleasure, and experience with team 'SETINDIABIZ' knowledgeable and supporting staff. As per our requirement, They committed and...See at Google

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It's amazing. It was easy to understand and work was completed smoothly. Liked there work and recommend everyone to give them a chance. The best...See at Google

Rahul RajRahul Raj , Nov 12, 2019
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Very Nice and great company, all the executives are so polite and professional, they know their work very well and they are master in them. ......See at Google

Rahul GoyalRahul Goyal , 19 Oct, 2019
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Reliable with service satisfaction, employees are very helping & cooperative. Am grateful & thank you to the entire team of SetIndiabiz was......See at Google

Mohamed Salman Shariff Mohamed Salman Shariff , 19 Nov, 2019
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I have had a very good experience with them in incorporating my LLP. Sana Parveen from Delhi office has been very helpful and very much approachable.......See at Google

Abhishek BalchuguriAbhishek Balchuguri , 19 Nov, 2019
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The complete team is amazing, a very co-operative and helpful. They will answer all your questions calmly even if you ask same thing million of times. ...See at Google

Aakanksha Shirbhate Aakanksha Shirbhate , 19 Nov, 2019
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I should write here .. I'm really impressed about Ms. PUJA.. You're an asset to your company Setindiabiz... I'm writing most about the person...See at Google

Manjunath S Manjunath S , 19 Nov, 2019
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Good company for dealing with startups especially for documentation and registration. On the time action and positive results. ........See at Google

ANIL YADAV ANIL YADAV , 19 Sep, 2019
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Great people, culture, All of the team, including the managers are approachable, helpful, caring and hard working.....keep up the good work....!! ...See at Google

Mdz Mdz , 19 Nov, 2019
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I would like to mention that Set India Biz is one of the best professional company I have worked with. All team members are customer focused...See at Google

Pravesh Verma Pravesh Verma , 19 Nov, 2019
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Rhanks To Sana For Being An Best Supportive Cordinator All The Time. On Start Had face a Lot of Issues because of mumbai Office but then Got in...See at Google

Divya Kholakiya Divya Kholakiya , 19 Nov, 2019
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Excellent service. Mainly, its the timely update needed which is supplied on regular intervals. Ms. Khushboo & Ms. Swati were very cooperative...See at Google

Radhakrishnan Velayudhan Radhakrishnan Velayudhan , 19 Nov, 2019
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The support given to me by corporate lawyer Mr. Kishore is really commendable. He was very cooperative in her approach towards our requirement and...See at Google

Mukund Tripathi Mukund Tripathi , 30 Sep, 2019
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I had a good experience with SetIndiaBiz for TM registration. Mr. Shubham who was dealing my case was very professional and clear about what is ...See at Google

Sri Nithya Saswathananda Sri Nithya Saswathananda , 20 Sep, 2019
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REALLY FAST AND PROMPT SERVICE.VERY GOOD EXPERIENCE OF SETTING UP ALL THE REQUIREMENTS WITHOUT ANY HINDERANCE. .THANKS TO THE TEAM ESPECIALLY MR. ...See at Google

SANDEEP KUMAR SANDEEP KUMAR , 20 Sep, 2019
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I hardly trust people in business society. However, the people in this company are exception. You can trust them blindly. They are unbelievably ...See at Google

Amit Kumarw Amit Kumar , 20 Sep, 2019

Comparison

OPC Company OPC Company

One Person Company is owned by a single owner, akin to proprietorship. However, the OPC is registered in and regulated by the Companies Act, 2013. The details of the companies are verifiable at the MCA Portal.

Proprietorship Registration Proprietorship

There is no specific law of parliament or state that regulates the proprietorship business that is why it is so simple to start and operate. It also means that there is no way the details of the composition of the proprietorship business can be known. | Learn more on Proprietorship

Partnership Firm Registration Partnership Firm

The partnership firms are a traditional form of business and can start by way of an agreement between the parties. The Partnership Act of 1932 regulates the affairs if a partnership firm. The details of the partnership firm are not verifiable easily. | Learn more on Partnership Firm Learn more on Partnership Firm

OPC Company Registration OPC Company

For a company including the OPC, before 2015 amendment of the companies act, there was a requirement of minimum paid-up capital of Rs 1 Lakh. However, post amendment of the law there is no prescribed minimum capital as such. It means you may incorporate an OPC with any capital as you desire. Learn more on OPC

Proprietorship Registration Proprietorship

You can start the proprietorship firm with any amount of capital. It means there is no minimum or maximum capital prescribed as such for a proprietorship firm.

Partnership Firm RegistrationPartnership Firm

Just like the proprietorship or partnership, there is no minimum paid-up capital that has been prescribed in the partnership act

OPC Company Registration OPC Company

The OPC can be owned by only one Individual, also known as the sole shareholder. However, the sole owner of the OPC has to nominate another person to become his or her nominee. The OPC can have up to 15 directors. Click here to understand the difference between a shareholder and a director . To learn more about OPC Registration

start a Sole Proprietorship Firm Proprietorship

A single Individual can start a Sole Proprietorship Firm, where he alone will invest all the capital and shall be entitled to all the profits of the firm.

partners in partnership firm Partnership Firm

In a partnership firm, a minimum of two partners is prescribed with a cap of a maximum of 20 partners.

OPC Company OPC Company

The OPC is recognised as a separate legal entity in the eyes of the law, and the business is transferred to the nominee after the demise of the proprietor.

Proprietorship Proprietorship

The proprietorship business lacks the benefit of perpetual succession. With the demise of the proprietor, the firm also ends its life. The proprietor and the proprietorship are the one and same.

Partnership Firm Registration Partnership Firm

Just like proprietorship, the partnership business is not regarded as a separate business. In fact, with the death or removal of a partner, a new firm comes in existence in place of the old one.

OPC Company Registration OPC Company

In an OPC the single shareholder is not liable for all the liabilities or debts of the company, and instead, he/she is responsible for paying only the sum which may be outstanding from her subscribed share capital.

Proprietorship liabilities & debts Proprietorship

The proprietor is personally liable for all the liabilities and debts of the business. To pay off these liabilities, the personal properties of the proprietor can also be attached.

liabilities of the partnership Firm Partnership Firm

The liabilities of the partnership firm is the joint or severe liability of each and every partner of the firm. Akin to the proprietorship, the personal assets of the partners can be sold off to pay the debts of the firm.

Faq's of OPC RegistrationFrequently Asked Questions

1.
Only One Person Required

An OPC can be registered in India, by only one person, who shall act as the directors/shareholders of the company. The maximum number of directors of an OPC is 15, and the number of shareholders cannot go beyond one.

2.
Capital Requirement

Invest as per the requirement of your business, and there is no minimum capital requirement as such to be maintained in the company. However, the government fee for one person company registration the government fee for one person company registration is calculated on the capital.

3.
Resident Director

One director of the OPC must be resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days of stay can be in phases.

4.
Unique Name of Company

The proposed name of the company should not resemble any existing company or LLP. Further, you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.

5.
What is the difference between One Person Company and Other Forms of Business?

We have prepared a detailed and easy to understand comparative table showing the availability of features and advantages of one form of business to that of others. The same can be found at the end of this page. Click here to go there.

6.
What documents are accepted as Identity Proof of Shareholder and director of OPC?

For incorporation of a One Person Company under the companies act, 2013, anyone from below list of the document is acceptable as Identity Proof of the director or shareholder or the proposed One Person Company.

  • Passport
  • Driving License
  • Voter ID Card

7.
What documents are accepted as address proof of promoters?

For OPC Incorporation, any one document from below list of address proof of the director or shareholder is acceptable. The document in support of address proof should not be older than two months.

  • Bank Statement or Passbook with the transaction entry
  • Electricity Bill in the name of the promoter
  • Telephone bill, or any other Mobile Bill
  • Utility bill in the name of promoters like Gas Bill

8.
What is a nomination in OPC Registration?

Since only one person is the shareholder of the OPC hence, hence at the time of incorporation of a one-person company, any other person is nominated as the nominee with their Consent.

9.
What are the forms on which director or shareholder have to sign to register a One Person Company in India?

For OPC Formation in India, following are the forms on which promoters need to sign, All the forms/formats to be printed on plain A-4 size paper and signature should be preferable with a blue ink pen.

  • DIR-2, Consent from all the director
  • Declaration of Promoter for not accepting deposits from public
  • INC-9 A Declaration under Companies Act, 2013
  • Subscriber Sheet of MOA & AOA
  • Consent of the Nominee

10.
What are the documents required as proof of registered address for One Person Company Registration in India?

A One Person Company is incorporated with a physical address to be declared as the registered office of the newly registered OPC. Following are the list of the documents which is acceptable as proof of premises where the registered office of the company is situated. The premises proof should not be older than two months.

  • Electricity Bill
  • Gas Bill
  • Telephone Bill
  • Mobile Bill
  • NOC from the owner

11.
Do I need to take a NOC from the owner of premises for the registered address of OPC, What is the format of NOC?

Before a One Person Company occupies any premises as its registered address, a no objection certificate must be obtained from the owner of the premises. Similarly, at the time of filing for company registration, we need a NOC from the current owner of the premises along with proof of ownership as explained above. Download sample NOC letter from the owner of premises Download sample NOC letter from the owner of premises

12.
Can co-working office space/ shared office/ Virtual Office address be the registered address of the One Person Company?

A registered office is required to be declared at the time of company incorporation and to be maintained by the company under section 12 of The Companies Act, 2013, which must be capable of receiving and acknowledging all communications and notices as may be addressed to it. Further, the statutory records of the company also need to be maintained at the registered address of the company. Hence having a registered address at coworking space is not acceptable unless this is a lockable area.

13.
What is the limit of Capital with a One Person Company can be Incorporated?

A One Person Company can be registered with maximum capital of Rs. 50 Lac. If the OPC wants to increase capital beyond 50 Lac, then the same needs to convert as a normal company.

14.
What is the turnover limit for a one-person company?

The OPC Can have an average turnover of Rs. 2 Crores for three years if the turnover exceeds the limit then the same need to mandatorily convert as a normal company.

15.
What is the meaning of “Limited Liability” in OPC Company?

Limited Liability implies that the owner or shareholder of the One Person Company is not personally liable to pay debts of the business. They are only responsible for the unpaid shares of the capital of the company. To qualify, the shareholder needs to comply with all laws and pay taxes on time.

16.
What are the most significant characteristics of the corporate form of business?

Apart from the consent of Limited Liability as explained above a company have the following significant features

  • The company will continue to exist, no matter how many directors, officers, and shareholders join or leave.
  • A Company can Sue and be Sued in its name.
  • A legal entity like a company has a separate identity from its owners or shareholders.
  • The private limited companies receive financial assistance from banks and financial institutions, but it receives the preferred rate of interest.
  • Like a person a private limited company can purchase, sell, own, possess, enjoy and transfer property rights to anyone in its name.

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