One Person Company

  • Incorporated as a Private company with one person
  • OPC treated as separate legal entity, Liability is limited.
  • OPC opt for Small Entrepreneurs / Sole-Proprietor.
  • One Person company

    One Person company is a new concept introduced in the Companies Act, 2013. OPC will be treated same as Private Limited Company, except the directors/Shareholders will be only one. OPC formation will be same as Private limited company, except in the name of the company OPC must be included. Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of OPC. Easy procedures for sole proprietor in converting their business models to OPC and OPC will be treated as a Separate Legal Entity in front of Law.

    'One Person Company means a company which has only one member'. This shall be treated same as Private Limited Company. Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC.

    Benefits of OPC

  • Incorporated as a Private Limited company with one person.
  • Minimum number of Directors need to start the business are only One.
  • Limited Liability: It means that if the company experience financial distress because of normal business activity, the personal assets of shareholders will not be at risk of being seized by creditors.
  • OPC is treated as a Separate Legal Entity from an Individual.
  • Small Entrepreneurs who are running their businesses under the proprietorship can convert their business model to OPC without much compliance.
  • Can act as a Nominee in other OPC's
  • Registration of a One Person Company

  • Initial level discussion between the entrepreneur and the Aanoor Global team.
  • Getting DSC [DIGITAL SIGNATURE CERTIFICATE] to all Directors for digital authentication of the forms to be filed with Ministry of Corporate Affairs.
  • Getting DIN [DIRECTOR IDENTIFICATION NUMBER] is a pre-requisite for incorporation process for all Directors.
  • Company name availability and draft Object Clause confirmation from client.
  • Filing of Form for Name Approval & Incorporation to the concern ROC [Registrar of Companies] where the client's registered office going to be situated.
  • Getting the Company Incorporation Certificate (Registration) , Memorandum & Articles with PAN and TAN from the Registrar.
  • Minimum Requirements

  • Minimum of Two Directors and Shareholders required. Both of them may be same.
  • Minimum share capital should be Rs 1,00,000 /- [one lakh rupees].
  • Require Documents PAN Card, Address & ID proof of all Directors.
  • Address proof of proposed registered office address for registration of company.
  • Limitations

  • Full responsibility will be vested with the owner.
  • Limited investment of capital in the business.