One Person Company Registration means less risk for you. Register Now to Limit your liability!

Intro

₹ 7899/-

All-inclusive Price
for One Person Company Registration

1 Digital Signature
1 Director Identification Number (DIN)
Company Name Search & Application
Stamp Duty¹
PAN & TAN
Bank Account Opening Res.
Commencement of Business (INC 20A)
Call, Chat(WA),& Email Support
Frequent Updates through your filingbee account

Select Plan

Base

₹ 22999/-

All-inclusive Price
for One Person Company Registration,
Accounting & Compliances

Everything in Intro Plan
GST & MSME Registrations
Auditor Appointment Support
Accounting²(Upto 250 Entries for One F.Y)
Financial Statements & Board Reports for 1 Year
Annual Compliances³ for 1 Year
ITR Filing for 1st Year*
MCA eKYC for 2 Directors -1 Yr
Call, Chat(WA),& Email Support
Frequent Updates through your filingbee account

Select Plan

Pro

₹ 30499/-

All-inclusive Price
for OPC Registration,
Accounting & Compliances
with Trademark Registration or
GST Return Filing

Everything in Base Plan
Trademark Registration
TM Class & Search Assistance
Drafting & Filing of Application
OR
GST Return⁴
(Upto 25 Invoices/Month) Filing for 1 Year
GST Return Filing
GST Payment Support
Call, Chat(WA),& Email Support
Frequent Updates through your filingbee account

Select Plan

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Get in touch with our experts by filling in your details

Stamp Duty is included in the cost of all plans for up to Rs. 1 lakh Authorised Capital. When incorporated in Madhya Pradesh, Punjab, and Kerala, stamp duty will be additional Rs. 7500, Rs.10000, and Rs.3000, respectively.
Additional entries are available for a small fee.
Includes Mandatory Compliances like Reports, MGT-7 & AOC-4, but any event-based or changes by the Company will be charged as per the fee applicable
You can purchase additional invoices at a nominal price. And filing of GSTR 4,9,9C is charged extra
*Statutory Audit fee is not included in the plan. Additional charges will be applicable for Statutory Audit & Tax Audit.

As per the following timeline,
your selected plan will be processed

Day 1-3

Collect

We collect the necessary information and documents

Day 4-7

Draft

We Reserve the Name, draft the required documents for OPC Registration

Day 8-10

Process

We proceed to submit the documents with MCA for OPC Registration

-

Finally

Government Processing Time. You will be notified upon OPC Registration

One Person Company Registration :
An Overview of OPC

Compared to a sole proprietorship, an OPC is better for solo entrepreneurs because their liability is limited. A one-person company differs from a sole proprietorship because it is a separate legal entity that distinguishes between the promoter and the company. When an OPC fails, or there are legal issues, the promoter's liability is limited. Contrary to OPC, the liability for debts due by a sole proprietorship does extend to the individual, and their entire assets could be used to repay the debt. However, note that if it has revenues of over Rs. 20 crores and paid-up capital of over Rs.2 Crores, it needs to be converted into a private limited company or public limited company.One person company registration process has become easier with filingbee expert support.

The concept of One Person Company is quite revolutionary. It gives the individual entrepreneurs all the company's benefits, which means they will get credit, bank loans, access to the market, limited liability, and legal protection available to companies by acquiring legal status and perpetuity.

What are the benefits of One Person Company Registration?

Obtaining funds is easy

Since OPC is a private company, it is easy to raise money through venture capital, angel investors, incubators, etc. Companies are more likely to receive loans than sole proprietorships from banks and financial institutions.

Compliance Burden

According to section 2(68) of the Companies Act, 2013, a one-person company is included in the definition of a private limited company. OPCs will have to comply with the same provisions as private companies. However, due to several exemptions, OPCs have a lower compliance burden than others.

Limited Liability

In an OPC, members benefit from limited liability since their liability is limited to the unpaid subscription amount. Unlike a sole proprietorship, the OPC gives individuals the ability to take risks without risking their personal assets.OPC is a separate legal entity that protects the one individual who has incorporated it.

Easy to Manage

No requirement to hold annual or Extra-Ordinary General Meetings. A One Person company shall hold at least one board meeting every six months, and a gap of not less than 90 days must exist between the meetings.

What is the difference between an OPC and a Sole Proprietorship?

Unlimited Liability

In a sole proprietorship, liability is unlimited, which means that if the company incurs losses, both the company and the owner's assets may be used to pay off the debt. On the other hand, an OPC is a separate legal entity, and therefore its owner has limited liability if the company suffers a loss.

Taxation

OPCs are liable for taxes as Private Limited Companies by being incorporated. An OPC is not taxed separately from a partnership and will be taxed by the provisions of the Income Tax Act. For a sole proprietorship, the income is taxed as the owner's income, who is taxed accordingly.

Shareholder

As the name indicates, the One Person Company can be registered with one shareholder. The shareholder owns 100% of the company and is its sole owner. Members of OPC must be natural persons and not corporations or other artificial bodies. A person must be a resident of India and competent to contract. In addition to the member, the company needs to appoint a nominee.

For a private company, two shareholders are required. The maximum number of shareholders is 200. An artificial person can also own shares in this company, such as a company or a limited liability company.

Fund Raising

As OPC can only have one member, equity investment by investors is not possible. However, private companies can raise funds by issuing equity in various ways, including through private placements, right issues, venture capital, etc.

List of Documents Required for
One Person Company Registration

PAN Card of Directors, Nominee & Shareholder
Aadhar card and Voter ID/ Passport/ Driving License of Directors, Nominee & Shareholder
Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Directors, Nominee & Shareholder

Latest Passport size photograph of Directors, Nominee & Shareholder
Latest Electricity Bill/ Telephone Bill of the registered office address
No Objection Certificate to be obtained from the owner(s) of registered office
Rent Agreement of the registered office should be provided

NOTE:

*We will collect additional documents based on the information you provided to the filingbee.

Your registered office does not have to be a commercial building; it can be your residence too.
Passport is required for Foreign Nationals & NRIs
Utility Bills must be latest to 2 months

Here Are Some Frequently Asked Questions

To register an OPC in India, you must meet the following requirements:

The shareholder must be an individual and a resident of India
There must be at least one director who is an Indian resident
The nominee must be at least 18 years of age and be a resident of India at the time of registration.
A place of business must be provided as the registered office address of OPC.

At the time of one person company registration, it is mandatory to nominate a person with their consent. The nominee becomes a member of OPC in case of the member's death or his incapacity to enter into a contract.

OPC cannot engage in NBFC-related activities.
OPC cannot acquire/invest in securities in its name in other body corporates;
however, the member can invest in the shares of other body corporate.
OPC cannot issue or allot shares to anyone except on its member.

No. The minimum paid-up capital requirement for OPC registration has been removed. While registering a business, you must subscribe to the amount needed for the business to run OPC. In addition, the subscriber must own at least one share to register. A minimum of INR 1 lakh must be kept as authorized capital.

Where a natural person, being a member in One Person Company, becomes a member in another OPC by virtue of his being a nominee in that OPC, then such person shall meet the eligibility criteria of being a member in only one OPC within a period of one hundred and eighty days, i.e., he/she shall withdraw his membership from either of the OPCs within one hundred and eighty days.

Suppose the paid-up share capital of an OPC exceeds Rs.2 Crore or its average annual turnover of immediately preceding three consecutive financial years exceeds twenty crore rupees. In that case, the OPC has to convert itself into a private or public company mandatorily.

The company must hold board meetings every financial Year if it has more than one director. In addition, the accounts and financial statements must be audited by an independent auditor. AOC - 4 and MGT - 7 must then be submitted as part of Annual Compliance within the given deadline.

Yes, there is no restriction concerning OPC becoming a member of Private Limited company.

A One Person Company may also be formed in India by non-resident Indians.

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