One Person Company (OPC) is a unique business structure introduced under the Companies Act, 2013, to encourage small entrepreneurs to operate with limited liability and a separate legal identity. It allows a single person to own and manage the company while enjoying the benefits of a private limited company. OPC is ideal for solo entrepreneurs who want to run a business with corporate recognition, easy compliance, and limited liability protection.
To register a One Person Company (OPC) in India, the following documents are needed:
For the Sole Director and Shareholder:
• PAN Card
• Aadhaar Card
• Passport (for foreign nationals or NRIs)
• Voter ID or Driving License (as identity proof)
• Bank Statement or Utility Bill (as address proof)
For the Nominee Director:
• PAN Card
• Aadhaar Card
• Address Proof (Bank Statement/Utility Bill)
• Consent Form INC-3
For Registered Office Address:
• Electricity Bill or Property Tax Receipt (not older than two months)
• Rent Agreement and NOC (if the office is rented)
The OPC registration process involves the following steps:
1. Obtain Digital Signature Certificate (DSC)
The sole director must obtain a DSC for online filing of incorporation documents.
2. Apply for Director Identification Number (DIN)
DIN is a mandatory identification number required for the sole director.
3. Name Reservation through RUN (Reserve Unique Name) Service
The proposed company name must be approved by the Ministry of Corporate Affairs (MCA).
4. Filing of Incorporation Documents through SPICe+ Form
The incorporation application, including Memorandum of Association (MOA) and Articles of Association (AOA), is submitted online.
5. Nominee Appointment
A nominee must be appointed to take over the company in case of the director’s incapacity or demise.
6. PAN and TAN Application
PAN and TAN are automatically generated during the registration process.
7. Issuance of Certificate of Incorporation
Once approved, the MCA issues a Certificate of Incorporation, confirming the legal existence of the OPC.
Vakil360 makes OPC registration seamless by offering:
• Expert Guidance: Step-by-step assistance from name approval to final incorporation.
• Quick Processing: Fast document submission and approvals.
• Compliance Support: Ensuring adherence to all regulatory requirements.
• Affordable Pricing: Transparent and cost-effective service packages.
• Post-Incorporation Services: Assistance with GST registration, bank account setup, and ongoing compliance.