Register your OPC with speed, ease and Value Savings
The contemporary concept of a ‘One Person Company (OPC) has been introduced in the Companies Act, 2013 by the MCA to provide an entirely new bracket of opportunities for the budding entrepreneurs who are capable of starting a venture single-handedly by allowing them to create a single person economic entity. An OPC is a hybrid structure where the OPC owner will enjoy all the benefits of a private limited company which precisely means that the OPC owner will have the access to bank loans, credits, limited liability, access to market, legal protection, etc, all in the name of an independent entity. OPC Registration is governed by the Companies Act,2013, and administered by MCA.
An OPC can be formed in two under the following two categories:-
You are required to fill in the details in our simple questionnaire and submit documents.
We will provide you with DSC and DIN. To proceed further, you need to give your approval.
For further procedures, details provided by you will be verified by our experts.
We will create all the required documents and file them with ROC on your behalf.
Once your company is incorporated, we shall send you all the documents and DSCs.
DSC is an equivalent of the physical or paper certificates in their digital format. The process OPC Registration begins with applying for the DSC because the application for One Person Company is filed online with the DSC of the director only. In order to issue a DSC, a signed application form with a photo ID and Address proof of the director is submitted.
Director Identification Number is a permanent and a unique identification number issued to the Director of a company or a designated partner of the LLP by the Registrar of Companies. In accordance with the New Companies Act, 2013 – no person can hold an office of the director without having a DIN. An application to the ROC is made with a photo, attested ID and address proof duly signed by a practicing professional, a CA/CS/CMA for the allotment of DIN
Name of each and every company should be new and unique. In other words, no company name should resemble to that of an already registered company, LLP or a registered trademark. After the successful allotment of DSC and the DIN, an application is made to the ROC for the approval of the company name for OPC Registration The Registrar is entitled with the discretionary powers when it comes to the approval of the company name.
The Memorandum of Association (MoA) of the OPC includes all the information about the company such as the Name of the Company, state of company incorporation, details of the authorized capital and declaration of the company about being it a limited company. The Article of Association (AoA) accommodates all the internal rules of the organization. It is mandatory for the promoters to adopt and sign the MoA and AoA before it could be filed with the ROC
Once your application is filed you will receive an ARN number. The Incorporation certificate is received within 15-20 days .It is a proof that OPC has been created. The COI also includes your CIN (Company Identification number).
It is mandatory for a company to have a bank account in order to operate its business. Our expert executives are here to help you in getting the company PAN, RAN and TDS payment compliance to help you open the company bank account.
Delhi is one of the most preferred city for startups and the big companies. Many companies have started their business due to its strong telecommunications, media and tourism. This city has rich business atmosphere and there is the high concentration of e-commerce startups. Paytm and Zomato are examples of the LLP’s in Delhi.
The population of Delhi is expected to rise by 40% by the year 2020. Better roads and a good living standard here creates attractive investment opportunities for Business Owners. The business climate provides a lot of Small Scale Business Opportunities here. Not only are locals visiting the capital, but tourists from all over the world have also made their way to the capital of India.
Delhi has a rich startup ecosystem for e-commerce businesses and opportunities for tech-centered startups to pitch their tents. Zomato and Hike messenger are other examples of startups from Delhi that quickly climbed the success ladder.
Last year, 220 technological startups took place in Delhi out of which 49 winning funding. This is comparatively higher than Bengaluru with 159 startups and only 18 winning funding New-Delhi along with Bengaluru, co-hosted a conference for startup capitals, a leadership event celebrating the startup ecosystem of the cities.
Ease of doing business
New Delhi has emerged as the largest commercial city of North India with a wide skilled English speaking workforce it is also considered to be relatively cheap as compared to Mumbai. The owners of the companies does not face any problem related to electricity. Delhi also contains the large media houses like TOI and HT which provide a medium to exchange with the customers. These media houses support most of the startup ventures which can help the owners of new startup.
Name of the Nidhi Company should be decided keeping in mind the following factors-
Though an OPC does permits an onliest entrepreneur to operate a corporate entity with protection of a limited liability, an OPC does accounts a few limitations. Following are the points to be kept in mind before prepping to incorporate an OPC: