One Person Company Registration

Ideal for entrepreneur who have alone started a venture. One Person Company (OPC) allows a single Entrepreneur to operate a corporate entity with limited liability protection. Register a OPC online at just Rs.6999.

Starting At Rs. 6999 Onwards




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What is OPC Registration ?

The idea of One Person Company (OPC) in India was introduced to give a boost to entrepreneurs who have great potential to start their own venture by allowing them to create a single person company. Since, no intervention from any third party is seen, it makes it more beneficial. So, if you want to start up your own business, you don’t have to worry about all the complex and tedious processes.
One Person Companies are helping tremendously in increasing the overall economy of India. More and more Entrepreneurs are coming up and setting up their business. Since, no intervention from any third party is seen, it makes it more beneficial.

Documents required OPC Registration

Documents Required For OPC Registration
Passport size photograph of owner
Copy of Aadhaar Card/ Voter identity card
Copy of Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Copy of Property papers (If owned property)
Landlord NOC (Format will be provided)

Compare Your Options

Private Limited Limited Liability Partnership One Person Company Partnership Firm Sole Proprietorship
Recommended For Start-ups and growing Professional services firms Sole promoters Home businesses Small traders
Ease of Accommodating Very easy to accommodate Possible, but unlikely Possible, but severely Almost impossible Impossible
Limited Liability Protection Yes Yes Yes No No
Tax Advantages Few benefits Most efficient Few benefits Minimal Minimal
Perpetual Existence Yes Yes Yes No No
Statutory Compliances High Low High Minimal Minimal

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Eligibility for OPC Registration

Only a natural person who is a citizen of India and resident in India :

  • Is eligible to incorporate an OPC
  • Is eligible to be a nominee for the sole member of an OPC.
  • A Resident of India is a person who has stayed in India for at least 182 days in the preceding 1 year.
  • If an OPC exceeds a turnover of over Rs.2 crore or has a paid-up capital above Rs.50 lakhs, it must be turned into a private or public limited company within six months.

Factors to Consider in OPC Name Selection

The name of your OPC is very important. Your OPC’s name is the first impression to your buyers, suppliers and stakeholders. It should therefore be attractive, relevant and suggestive. There are several factors that you should keep in mind while choosing a name for your company.

Short & Simple

The name should be concise and not be too long. People should be able to recall and pronounce your company’s name easily the first time they hear or read it.

Meaningful

The name of your OPC should be relevant to your business. It should fit the company’s branding strategy. For example, Infosys refers to information systems or IT technologies.

Unique

Name of your OPC should not be exactly the same or identical to an existing LLP or company or trademark or for which a trademark has been applied for. You can go to search.dtcconsultants.com to check if your company name matches any others. Ideally, you should avoid plural version e.g, “Snapdeals” or merely changing the letter Case or punctuation marks or spacing in an existing LLP, Company and Trademark name.

Suffix

OPC’s are not required to end their name with “Private Limited” or “Limited”.

Should not be illegal / offensive

The name of your LLP should not be against law. It should not be abusive or against the customs and beliefs of any religion and should not use words or phrases which are used as a slur and are offensive to a particular group of people. Further, names cannot include foul words or phrases.

Should not violate any laws

Your OPC’s name should not be given under and violate the Emblems and Names (Prevention of Improper use) Act, 1950. Click here to check the names. (See the Schedule).

Should not use the words “British India”.

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