One Person Company (OPC) Registration in India
Original price was: ₹15,999.00.₹8,999.00Current price is: ₹8,999.00.
Introduction to One Person Company (OPC)
A One Person Company (OPC) is a unique type of corporate entity in India that allows a single entrepreneur to own and manage the business while enjoying the benefits of limited liability. This structure combines the advantages of both sole proprietorship and corporate entities, making it an ideal choice for small business owners and solo entrepreneurs.
Description
Benefits of Registering a One Person Company
- Limited Liability: Protects your personal assets from business liabilities.
- Separate Legal Entity: Distinct from its owner, ensuring continuity and professionalism.
- Ease of Management: Simplified compliance requirements compared to other corporate structures.
- Enhanced Credibility: Boosts the credibility and trustworthiness of your business.
- Access to Funding: Easier to attract investors and access loans.
Our Seamless Registration Process
- Consultation: Understanding your business needs and goals.
- Name Approval: Ensuring your desired company name is available and compliant.
- Digital Signature Certificate (DSC): Obtaining the DSC for the sole member.
- Director Identification Number (DIN): Procuring the DIN for the director.
- Document Preparation: Drafting and filing necessary documents, including the Memorandum of Association (MOA) and Articles of Association (AOA).
- Submission: Filing the application with the Ministry of Corporate Affairs (MCA).
- Approval: Receiving the Certificate of Incorporation.
Requirements for OPC Registration
- Sole Member: Only one person can act as a member and nominee.
- Director: The sole member can also be the sole director.
- Documents: PAN card, Aadhaar card, address proof, and passport-sized photographs of the member and nominee.
- Registered Office: Address proof of the registered office.
Timeline for Registration
The entire registration process typically takes 10-15 business days, depending on the promptness of document submission and government processing times.
Potential Drawbacks of OPC
- Limited to One Member: Cannot have more than one member, restricting expansion.
- Nominee Requirement: Compulsory to appoint a nominee in case of the sole member’s incapacity or death.
- Conversion Limits: Mandatory conversion into a Private Limited Company if the paid-up capital exceeds ₹50 lakh or the annual turnover exceeds ₹2 crore.
How Patras Law Chamber Can Help
- Expert Guidance: Providing step-by-step assistance throughout the registration process.
- Document Management: Ensuring all documentation is accurate and complete.
- Compliance Support: Helping you stay compliant with all regulatory requirements.
- Personalized Service: Tailoring our services to meet your specific business needs.
Get Started Today!
Contact Patras Law Chamber
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Location: 6TH FLOOR, Nicco House, 2, Hare St, B.B.D. Bagh, Kolkata, West Bengal-700001
Patras Law Chamber – Your Partner in Legal Excellence
Unlock the potential of your business with Patras Law Chamber. Let us help you register your One Person Company today!
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