One Person Company (OPC) Registration
The latest form of business introduced by Companies Act, 2013 is “One Person Company (OPC)”, which is a parallel and more structured form of Proprietorship. OPC Registration requires only one member to create this company and at the same time it has a separate legal entity, offers limited liability protection and enjoys stability and continuity of business. OPC Registration usually takes 10-15 days.
Every OPC has to mandatorily nominate a nominee Director in the MOA or AOA who will become the owner of the OPC in case the promoter Director is disabled. An OPC must be converted into a Private Limited Company if it crosses an annual turnover of Rs.2 crores and must file audited financial statements with the Ministry of Corporate Affairs at the end of each Financial Year.
Reasons to Register a One Person Company
OPC Registration Advantages
OPC Registration Process
It usually takes 10-15 days to register an OPC through SPICe INC-32 (A single application for Reservation of Name, Incorporation of Company, Allotment of DIN), subject to ROC processing time. Conseltex makes OPC Registration easy for you.
1. DSC Application
2. SPICe INC-32
3. PAN & TAN
Document Required for One Person Company Registration
Copy of PAN Card
Copy of Address proof – Aadhaar Card/Driving License/Passport/Voter ID
Proof of Registered Address – Sale Deed/Rental Agreement
Copy of Utility bill – Electricity/Landline telephone/Gas Bill – not older than two months.
No Objection Certificate for use of premises, if required
Please go ahead without any hesitation to work with conseltex as you are in safe hands. A very professional and dedicated team is supporting you and they are flexible too.