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One Person Company

What is One Person Company Incorporation Overview

A new concept has been introduced in the Company’s Act 2013, about the One Person Company (OPC).

Earlier, In a Private Company, a minimum of 2 Directors and Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 members. This prevented a single person from running a company. But now as per Section 2(62) of the Company’s Act 2013, a company can be formed with just 1 Director and 1 member. It is a form of a company where the compliance requirements are lesser as compared to a private company.

Documents Required For One Person Company Incorporation

  • Copy of PAN Card of shareholder
  • Passport size photograph of the 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)

Benefits Of One Person Company Incorporation

  • Limited Liability Protection to Director’s personal assets
  • Better image and credibility in Market
  • Easy to raise funds and loans
  • Helps for Testing of Business Model and Enables Funding
  • Complete Control of the Company with a Single Owner
  • Easy to Sell OPC
  • Reduce compliance as compared to other corporate forms of operation
Key Features
  • Preeminent Online Private Limited Company Registration Services
  • Ensure that personal assets are protected from company debts.
  • Benefit from better tax breaks than larger companies
  • Take control of your business's management
  • Premium quality work in a secure and seamless fashion
Price : ₹4499.00/-
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F.A.Q.s

A private limited company is a type of business structure where the liability of the shareholders is limited to the amount of their share capital. This means that the personal assets of the shareholders are protected in case the company faces financial difficulties.

A private limited company is a type of business structure where the liability of the shareholders is limited to the amount of their share capital. This means that the personal assets of the shareholders are protected in case the company faces financial difficulties.

A private limited company is a type of business structure where the liability of the shareholders is limited to the amount of their share capital. This means that the personal assets of the shareholders are protected in case the company faces financial difficulties.

A private limited company is a type of business structure where the liability of the shareholders is limited to the amount of their share capital. This means that the personal assets of the shareholders are protected in case the company faces financial difficulties.

A private limited company is a type of business structure where the liability of the shareholders is limited to the amount of their share capital. This means that the personal assets of the shareholders are protected in case the company faces financial difficulties.

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