One Person Company (OPC)

Original price was: ₹15,999.00.Current price is: ₹11,999.00. (incl. of taxes)

Summary

  • Price may Increase on basis of  authorized capital, govt. Fees

    For Company Incorporation

    List of Documents :

    Pan card
    Aadhar card
    Voter card or Driving License or Passport
    Bank Statement or Passport
    Phone no
    Mail id
    Photo

    For Company address proof
    Electricity bill where address is mentioned

    Package Includes:

    ✅ Digital Signature
    ✅ DIN Of Director
    ✅ Filing of Spice form
    ✅ Issue of Incorporation Certificate along with PAN and TAN
    ✅ Memorandum of Association
    ✅ Articles of Association
    ✅ Provisional PF ESI Registration
    ✅ Government fees included
    ✅ MSME Registration of your company
    ✅ Business Commencement Certificate (If within 180 Days) INCLUDED
    ✅ Bank Account Opening Documents INCLUDED

Description

A one-person company (OPC) is a type of private limited company in India that is owned and managed by a single person. It was introduced in the Companies Act, 2013, and is a hybrid of a sole proprietorship and a private limited company.

OPCs have the following benefits:

  • Limited liability: The liability of the member of an OPC is limited to the amount of capital that they have contributed to the company.
  • Separate legal entity: An OPC is a separate legal entity from its member, which means that the member’s personal assets are protected from the liabilities of the company.
  • Perpetual succession: An OPC can continue to exist even after the death of its member, as long as there is a nominee appointed to take over the membership.
  • Ease of formation and management: OPCs are relatively easy to form and manage, as they do not require a board of directors or a separate auditor.

However, there are also some restrictions on OPCs, such as:

  • The paid-up share capital of an OPC cannot exceed ₹50 lakh.
  • The average annual turnover of an OPC cannot exceed ₹2 crore.
  • An OPC cannot issue more than one class of shares.

Overall, OPCs can be a good option for small businesses that want the benefits of limited liability and a separate legal entity, but do not want the complexity of a traditional private limited company.

Here are some of the key features of an OPC:

  • Only one member: An OPC can have only one member, who is also the director of the company.
  • Separate legal entity: An OPC is a separate legal entity from its member, which means that the member’s personal assets are protected from the liabilities of the company.
  • Limited liability: The liability of the member of an OPC is limited to the amount of capital that they have contributed to the company.
  • Perpetual succession: An OPC can continue to exist even after the death of its member, as long as there is a nominee appointed to take over the membership.
  • Ease of formation and management: OPCs are relatively easy to form and manage, as they do not require a board of directors or a separate auditor.