One Person Company

One Person Company

Register your One Person Company with the help of our Nsight. We are leading eminent service providers through Online / Offline for Incorporation. Now you can register your company anywhere in India in one Call / Mail / Message.

Book Schedule Now

One Person Company to be Incorporated under Companies Act, 2013

One Person Company means a company that has only one person as a member. The main reason for the OPC is to promote and support the developing entrepreneurs. OPC is considered as a private company.

Incorporation gives you a professional status and also Registering the Trademark of your company will help you to safeguard your identity and restrict others from using it.

One Person Company

Leading Consulting Firms

1,000 +
Happy Customers

about

Lowest
Fees

about

Expert
Assistance

about

4.5+
Google Rating

about

Advantages on Incorporation of One Person Company

Limited Liability

The liability of the company is limited.The personal assets of the members will not be used even for unpaid debts. If the company is facing financial crisis, only the profit earned, shareholding, and assets of the company will be used to pay back their loans.

No Minimum Capital

No provisions regarding the minimum capital for registering a one person company but when it exceeds 50 lakhs in the course of buisness or if directors are interested they can convert into Private Limited Company.

Separate Legal Entity

OPC will be considered as a separate legal entity where the assets & liabilities of the business and directors are not same. Company will be considered to be a legal person and also holds the Right to Sue a third party incase of any dispute or default arises.

Less Compliance Burden

In OPC, the burden of compliance is less. OPC will comply with provisions of Private Limited but comparatively it has many exemptions and privileges in it.

Documents required for Incorporation of One Person Company

  • ID Proof

    Aadhar / Voter ID / Driving licence / Passport

  • Address Proof

    The Address proof of the members along with the Proof of the registered place of business (Ownership documents/ rent or lease agreement) or any bill in relation to electricity /landlord bill / bank statement.

  • Photos

    The photos of the respective Directors , shareholders and designated authorities should submit for the clarification and proof of the concerned person.

  • PAN

    The PAN card of the respective Directors, shareholders and designated authorities of the company.

  • DSC

    Digital signature is the electronic signature format of the Directors / signatory authority for the purpose of e-filing the Register of Companies.

  • NOC (Owner/Landlord)

    No objection certificate by the owner / landlord must be enclosed.

  • Documents Related to Nominee

    If you have any further queries, get our experts’ opinion. For free consultation Contact our Nsight to resolve all your queries.

Frequently Asked Questions

  • Whether Foreign National or NRI can become Director of One Person Company?

    No, only an Indian resident or Indian citizen can become the Shareholder and Director of One Person Company.

  • Whether Foreign National or NRI can become a Nominee of One Person Company?

    No, they cannot become Nominee because it’s purely applicable for Indian residents.

  • I want to make my son / daughter a nominee under one person company which was registered in my name but they are minor. Are they eligible?

    No, Minors are not eligible to become nominees.

  • Whether one person company can be incorporated without minimum capital?

    Yes, you can incorporate your company without any minimum capital.

  • Whether unpaid debts will be paid from the personal assets of the member?

    No, the personal assets of the members will not be used for unpaid debts.

  • Have queries?

    If you have any further queries, get our experts’ opinion. For free consultation Contact our Nsight to resolve all your queries.

GET FREE CONSULTATION

    © 2021 Nsight Tax consultancy private limited. All Right Reserved.Designed & Developed by Innov Touch Technologies Pvt Ltd.