Introduction of One Person Company
One Individual Organization or OPC is a sort of ownership firm where the organization is framed by a solitary individual. Getting One Individual Organization Enlistment is exceptionally simple. Enterslice is one summon from your OPC Enrollment.
One Person Company Registration under Companies Act 2013
Section 2 (62) of the Companies Act, 2013 defines OPC as a company which has only one person as a member.
Looking at the legal nature of OPC then we will see OPC can be registered only as a private limited company. This means that all the provisions that are applicable to the private company will be applied to OPC unless otherwise expressly excluded in the act or rules made thereunder.
Procedure for One Person Company Registration in India
- Apply for DSC
- Obtain the DIN
- File the Name Approval Application
- Make an application in the Spice Form or
- Using RUN Form web service of MCA where you are permitted to give two proposed names and one re-submission while Reserving Unique Name (RUN) for the company.
For One Person Company Registration, one needs to apply for DSC. DSC is a Digital Signature Certificate which is necessary to file the one person company registration documents. DSC is used for filing the electronic documents at ROC. To obtain a DSC you need to provide us the scanned documents and details and our team will get back to you and fill your form and submit that online.
Once you get your DSC, the next step is to obtain the Director Identification Number of the proposed director in SPICe Form along with the name and the address proof of the sole director.
Now, the next step while incorporating an OPC is to choose a name for the company. The name of the company will be in the form of “XYZ” (OPC) Pvt Ltd Company.
You can register the name of the company in two ways-
Once the name is approved by the MCA we can move to the next step.
Documents Required for OPC Registration
- Limited Liability
- Affidavit of the subscriber and the Director
- Consent of Nominee
- Proof of the Registered Office
- Filing Forms with MCA
- Certification of Documents
- The issue of the Certificate of Incorporation
MoA and AoA are the two important documents that need to be submitted at the time of OPC registration.
The affidavit will be submitted by the proposed director in the consent who has subscribed to the memorandum and article of association in the Form INC- 9 and DIR-2.
As you know, One Person Company is formed by One person and there is no certainty of life so to avoid any future chaos a nominee on the behalf of such person is appointed. Furthermore, in case the sole member becomes incapacitated or cannot perform duties the nominee will perform the same duties on the behalf of the director.
His consent will be filed in Form INC-3 along with the PAN Card and Aadhar Card.
Documents like Aadhar Card, Electricity bill; Phone Bill is required to submit as the identity proof whereas the proof of the registered office of the proposed company along with the proof of ownership and a NOC from the owner. If in case the property is on rent then a Rental agreement is required.
All the documents attached to SPICe Form- MOA and SPICe-AoA along with the DSC & DIN of the Director and will be uploaded to the MCA site for the approval. After submission of SPICE form, PAN and TAN will be automatically issued by the MCA. No seprate form is reqquired to be filed for PAN and TAN.
A declaration submitted by professional certifying that all documents are made properly.
After the verification, the Registrar of Companies will issue a Certificate of Incorporation and we can commence our business.
You can easily register your One Person Company Online. You just need to prepare your documents and contact us. We will do after work.
