Why start a One Person Company?
Easiest forms of corporate
Entrepreneurs who like to have a single person control in the entity can opt for this type.
Hassle Free
Compliance requirements are lesser than a private company.
Look more official
Corporations have more clout-which can make it easier to do business with other companies.
How to start One Person Company?
Benefits of choosing an OPC
Distinct
Legal Entity
Less compliance burden
Brand Image
Easy Fund Raising
Single Person Control
Enables startups in testing their business model easily
Easy to sell
Timeline
FAQs
What are documents required?
1) PAN Card - PAN Card of shareholders or directors
2) Identity Proof - Aadhar Card and Voter ID / Passport / Driving License of shareholder and directors.
3) Director's Address Proof - Latest Telephone Bill / Electricity Bill / Bank Account Statement of Shareholders and Directors.
4) Photograph - Latest Passport size photograph of Shareholders and Directors.
5) Business Address Proof - Latest Electricity Bill / Telephone Bill of registered office address.
6) NOC from owner - No Objection Certificate to be obtained from the owner of registered office
7) Rent Agreement - Rent Agreement of the registered office should be provided if any
Imp Note - In case of NRI or Foreign National, documents of the partner must be notarized or apostilled
What you will get?
Deliverables that you will receive by choosing this service are -
1) DIN for 1 Director
2) AoA & MoA
3) Bank Account opening support
4) Payment Gateway Integration Support
5) ESI & PF Registration
6) Company PAN Card
7) Business Incorporation Certificate
8) Company TAN/TDS Number
9) GST Registration* (Auto Approval from ROC)
Minimum Criteria to apply for One Person Company
1) Minimum 1 shareholder.
2) Minimum 1 nominee.
3) Minimum Authorised share capital to be INR 1 Lac.
4) Minimum 1 Director.
5) Director Identification Number (DIN) for the Director - (we will make this for you if you don't have it)
6) Digital Signature Certificate (DSC) for the promoter - (we will make this for you if you don't have it)
7) Director and shareholder can be same person
8) Shareholder and nominee must be Indian Residents