Start-ups and Businesses

One Person Company Registration

From ₹12999

Benefits

  • checkmark-circle Fully expert-assisted company registration process
  • checkmark-circle Our packages include DIN, PAN, DSC, MOA, AOA and SPICE+ Compliance
  • checkmark-circle Start your One Person Company Registration at just ₹999 + Govt Fee

FAQs on One Person Company (OPC) Registration

Have more questions ? Look at our FAQ section

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How is an OPC different from a private limited company?

An OPC is owned and managed by a single individual, whereas a private limited company requires at least two shareholders and two directors. OPCs have fewer compliance requirements compared to private limited companies.

What happens if the sole member of an OPC dies or becomes incapacitated?

The OPC must appoint a nominee at the time of registration. If the sole member dies or becomes incapacitated, the nominee will take over the company, ensuring its continuity.

Can an OPC have more than one director?

An OPC must have at least one director, but it can have more if desired. The director(s) should be a resident of India.

How does an OPC handle the transfer of shares?

Shares in an OPC can be transferred to the nominee in case of the sole member's death or incapacity. Otherwise, since there is only one member, shares are not transferred to other individuals.

Can a foreign national be the sole member or director of an OPC?

No, the sole member and the director of an OPC must be Indian residents. However, foreign nationals can become directors of an OPC once it is converted into a private limited company.

What is a ‘One Person Company’ (OPC), and how is it different from a sole proprietorship?

An OPC is a type of business entity where a single individual can establish a company with limited liability protection. Unlike a sole proprietorship, which doesn't provide legal separation between the owner and the business, an OPC offers the benefits of limited liability and a distinct legal identity.

What are the requirements for registering an OPC?

To register an OPC, you need a single director and shareholder, a registered office address, and identification and address proofs for the director. Additionally, you'll need to prepare a Memorandum of Association (MOA) and Articles of Association (AOA).

How long does the registration process for an OPC take?

The OPC registration process generally takes between 15 to 30 days, depending on the completeness of the documents and the efficiency of the application process.

What are the compliance requirements for an OPC?

OPCs must comply with annual filing requirements, including submitting financial statements and annual returns to the Registrar of Companies. They also need to hold an annual general meeting and maintain proper books of accounts.

What are the benefits of registering as an OPC with ‘Rest The Case’?

‘Rest The Case’ offers expert guidance, a streamlined registration process, comprehensive support for compliance, and ongoing assistance to ensure your OPC is set up correctly and stays compliant.

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