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.
Mumbai is also known for financial and commercial capital of India. It is one of the crowded and expensive city. Big Companies like L&T and TATA Group, and financial organisations such as RBI and SBI are in this city which attract entrepreneurs to start their business.
Big Companies like L&T and TATA Group and financial organizations such as RBI and SBI are in this city which attracts entrepreneurs to start their business. It makes this city reliable for entrepreneurs who are looking for big investors. Many famous startups such as BookMyShow and Just Dial are originated from Mumbai.
There is a large number of investors. As per the growth of business in Mumbai. There is a huge population and so much financial activity means more business opportunities. All you need to have a list of business ideas that can work well in cities like Mumbai and sort out the best option for you.
Basil Partners, Blume Ventures, Clearstone Venture Partners, etc are the active VC financers in Mumbai. The most important thing is money that is required for every idea, be it something very disruptive or a simple one. It is needed in the early stages as well as in the growth stage.
Ease of doing business
The big jump in India’s ease of doing business ranking has a lot to do with the reforms undertaken by the Maharashtra government. Since ease of doing business in India is assessed based on data collected from Mumbai and Delhi, the performance of the two cities is key to improve the rank.
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: