PATRA'S LAW CHAMBER SERVICES
Launch Your One-Person Company (OPC) with Expert Legal Guidance!
At Patra’s Law Chambers, we specialize in providing comprehensive legal services for One-Person Company (OPC) Registration in India. A One-Person Company is an ideal structure for individuals who wish to start a business without the need for partners. It offers the benefits of limited liability and a corporate structure while allowing you to retain complete control over your business.
MORE ABOUT THE SERVICE
1. One-Person Company (OPC) Registration:
A One-Person Company allows solo entrepreneurs to enjoy the advantages of a company with limited liability. It combines the flexibility of a sole proprietorship with the benefits of a corporate entity, making it a perfect option for small businesses and startups.
Benefits of OPC Registration:
- Limited Liability Protection: Your personal assets are protected from business liabilities.
- Single Ownership: You can run the business independently without the need for a partner.
- Separate Legal Entity: An OPC is a distinct legal entity, separate from its owner.
- Perpetual Succession: The business continues even in case of the owner’s incapacity or death, with the nominee taking over.
- Ease of Compliance: Fewer compliance requirements compared to other types of companies.
Our OPC Registration Services:
- Digital Signature Certificate (DSC) & Director Identification Number (DIN): We help you obtain a DSC and DIN, which are mandatory for registering an OPC.
- Company Name Approval: Assisting in choosing a unique and appropriate name for your OPC and getting it approved by the Ministry of Corporate Affairs (MCA).
- Memorandum & Articles of Association (MOA & AOA): Drafting the necessary documents, including MOA and AOA, which define the company’s objectives and internal structure.
- Incorporation Filing: Filing the SPICe+ (Simplified Proforma for Incorporating a Company Electronically) form for quick and hassle-free incorporation of your OPC.
- PAN & TAN Application: Helping you apply for the PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) for your OPC.
Why Choose One-Person Company?
- Sole Ownership with Limited Liability: Unlike a proprietorship, your liability is limited to the investment made in the company.
- Separate Legal Entity: The OPC enjoys the legal status of a company, which enhances credibility in the market.
- No Minimum Paid-Up Capital: There is no requirement for minimum paid-up capital for an OPC, allowing for flexibility in investment.
- Less Compliance: Compared to a private limited company, an OPC has fewer regulatory compliances and filing requirements.
- Easy Conversion: As your business grows, you can easily convert your OPC into a Private Limited Company when required.
Documents Required for OPC Registration:
- Identity Proof: PAN card and Aadhaar card of the owner.
- Address Proof: Electricity bill, water bill, or gas bill (not older than two months).
- Registered Office Address: Proof of the company’s office address (utility bill or rental agreement) along with NOC from the property owner.
- Director’s Details: Proof of identity and address for the director and nominee, along with their consent.
- Nominee Details: The nominee should consent to take over the company’s operations in case of the owner’s incapacitation.
Additional Services:
We offer related legal services to help you efficiently manage your OPC, such as:
- Trademark Registration: Protect your business name and logo with our Trademark Registration services.
- GST Registration: If your OPC’s turnover exceeds the threshold limit, we assist in getting GST Registration for tax compliance.
- Annual Compliance & Filing: We ensure your OPC remains compliant with MCA filings, annual returns, and financial statements submissions.
- Conversion to Private Limited Company: We help in converting your OPC into a Private Limited Company as your business expands.
Why Choose Patra’s Law Chambers?
- Expert Legal Guidance: Our legal experts handle all aspects of OPC registration, ensuring a smooth and seamless process.
- Quick & Efficient Process: From DSC and DIN applications to company incorporation, we handle every step with speed and accuracy.
- Tailored Solutions: We provide customized legal solutions based on your specific business requirements.
- Nationwide Service: With offices in Kolkata and Delhi, we assist clients from all over India in registering their OPCs and ensuring legal compliance.
Contact Us Today:
Kolkata Office: 6th Floor, NICCO HOUSE, 2, Hare Street, Kolkata-700001
Delhi Office: 1st Floor, Sadar Bazar Road, Paharganj House No.: 4455/VI, New Delhi-110001
Phone: +91 8250422880 / 7003715325
Email: [email protected]
Website: www.patraslawchambers.com
FAQs:
1. What is the minimum capital required to start an OPC?
There is no minimum capital requirement for starting an OPC. You can begin with any amount of capital as per your business needs.
2. Can a minor start a One-Person Company?
No, only an Indian citizen who is over 18 years old can start an OPC. A nominee must also be an Indian citizen.
3. What is the difference between a Proprietorship and an OPC?
The primary difference is limited liability. In an OPC, the owner’s liability is limited to the amount invested in the business, while in a proprietorship, the owner’s personal assets are at risk in case of business losses.
4. Can an OPC have more than one director?
Yes, an OPC can have more than one director, but it must have only one member (the owner). Additional directors can be appointed for operational purposes.
5. How long does it take to register an OPC?
The registration process for an OPC typically takes around 10-15 working days, depending on the availability of documents and government approvals.
Get Started Today!
Register your One-Person Company with Patra’s Law Chambers and enjoy the benefits of limited liability, a separate legal entity, and simplified compliance. Let our experts handle the legal formalities so you can focus on growing your business. Contact us today for a hassle-free OPC registration experience!