One Person Company (OPC) Registration

One Person Company (OPC) means a company which has only one person as a member and registered under companies Act 2013. Only one person is required who can be a shareholder as well as the Director allowing them to create a single person entity. An OPC is a hybrid structure, wherein it combines most of the benefits of a sole proprietorship and a company form of business. During the incorporation of a one person company, the sole director & shareholder must propose a person as his/her nominee. In case the sole member of a one person company stops to be a member due to death or incapacity to enter into a contract, his/her nominee will become a member of the company.

Documents Required

  • ID Proof of director
  • Address proof of director
  • Photo of director
  • Qualification of director
  • Valid contact no.
  • Valid mail ID
  • Residential Address Proof
  • Declaration by director
  • Name of the company
  • Object/ Main Business of the company
  • Address proof of company
  • Detail of Nominees

Benefits

  • Only person Required as Director
  • Director shall be Share Holder
  • Under control of single person
  • Less Registration Cost
  • Less Compliances cost
  • Separate Legal Entity
  • Company can also own property
  • Company can be shareholder in other company
  • Easy to change the registered office