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One Person Company

ONE PERSON COMPANY PROCESS

1
CHOOSE PACKAGE

Choose best suited package for registration of one person company.

2
PAY ONLINE

Securely pay online using debit/credit card, netbanking, UPI, etc.

3
NAME APPROVAL

Provide up to 4 unique company names for approval in order of preference.

4
DIGITAL SIGNATURE

Upload all the required documents for digital signature and do online verification.

5
DIN GENERATION

Upload all the required documents for directors identification number.

6
UPLOAD DOCUMENTS

Upload all required documents for one person company registration

7
INCORPORATION

It will take 7 to 12 working days to complete the registration, subject to approval from MCA

What is One Person Company (OPC)?

A new concept has been introduced in the Company’s Act 2013, about the One Person Company (OPC). In a Private Company, a minimum of 2 Directors and Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 members. A single person could not incorporate a Company previously.

But now as per Section 2(62) of the Company’s Act 2013, a company can be formed with just 1 Director and 1 member. It is a form of a company where the compliance requirements are lesser than that of a private company.

  • Class 2 digital signature from eMudhra with 2 year validity along with ePass 2003 token.
  • Upto 4 name options can be given in 1 RUN name approval request.
  • Authorised capital is the amount of shares a company can issue at anytime and can be increased further in the future. Paid-up capital is the amount invested by shareholder and can be even Rs.2.
  • In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.
  • Payment gateway will be provided by Razorpay. Subject to terms and conditions of Razorpay.
  • Validity of 365 days.

ONE PERSON COMPANY FAQ's

  • What is One Person Company (OPC)?
    A new concept has been introduced in the Company’s Act 2013, about the One Person Company (OPC). In a Private Company, a minimum of 2 Directors and Members are required whereas in a Public Company, a minimum of 3 Directors and a minimum of 7 members. A single person could not incorporate a Company previously. But now as per Section 2(62) of the Company’s Act 2013, a company can be formed with just 1 Director and 1 member. It is a form of a company where the compliance requirements are lesser than that of a private company.

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