One Person Company

Package Inclusive

  • Digital Signature Certificate (DSC)

  • Director Identification Number (DIN)

  • Name Reservation

  • Memorandum of Association (MOA)

  • Article of Association (AOA)

  • Permanent Account Number of the company (PAN)

  • Tax Identification Number of the company (TAN)

  • MCA & Govt. Fees

  • Incorporation Certificate (CIN)

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What is One Person Company (OPC)?

One Person Company is most preferred among the new Entrepreneurs to penetrate in the corporate world. This type of Company is also called as a “Modern form of Sole Proprietorship”. Because, unlike Private Limited Company or Limited Liability Partnership (LLP) where minimum 2 Directors are required to start the business, whereas, in One Person Company only one Director is required. This gives the Single Director to enjoy full control over the business.
If the paid-up capital of a One Person Company exceeds over INR 50 lacs or an average turnover exceeds over INR 2 crores for 3 consecutive years then it is compulsorily required to covert either into Private Limited Company or Public Limited Company within 6 months.
A One Person Company with the help of G K Legal Solutions can be registered within 10-12 Working days only, subject to client document submission & Government processing time.

Benefits of One Person Company(OPC):

Limited Liability:

In One Person Company, the liabilities of Director are limited to his shares. Being the sole member in the company, liability is confined to the proportion to capital he has brought with him. Hence for any further debt beyond the limit specified above he shall not be liable.

Uninterrupted Existence:

A Company being a separate legal entity is not affected by the departure or death of any member. It will continue its existence until it is legally dissolved.

Easily Transferable:

In One Person Company, there is only a single member which makes it easier to transfer the ownership by altering the directorship, shareholding & nominee director information.

Better Credibility:

One Person Company is most preferred & well known business organization in India. Therefore, Corporate Clients, Vendors or Agencies prefer to deal with such Companies instead of partnership or proprietorship firms.

 Documents Requirement:

From all Directors & Shareholders:

  • Aadhar Card
  • PAN Card or Passport
  • Latest Bank Statement / Telephone or Mobile Bill
  • Voter’s ID / Driving License
  • Passport-sized photographs
  • Scanned copy of Signature
  • Scanned copy of Notarized Rental Agreement

For Registered Office:

  • Any Utility bills
  • Scan copy of Rent agreement with NOC from the owner.