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
- SAVE 50% COST..!!!
- (Takes 10-20 days)
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
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 |
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.