Suitable for small and medium Business
Get your OPC limited Company registration @ just Rs 15,999/- + Government fees
Hassle free, online registration process provided by professionals.
Get the work done in 8-10 working days.
The Companies Act, 2013 completely revolutionized corporate laws in India by introducing several new concepts that did not exist previously. On such game-changer was the introduction of One Person Company concept. This led to the recognition of a completely new way of starting businesses that accorded flexibility which a company form of entity can offer, while also providing the protection of limited liability that sole proprietorship or partnerships lacked.
Section 2(62) of Companies Act defines a one-person company as a company that has only one person as to its member. Furthermore, members of a company are nothing but subscribers to its memorandum of association, or its shareholders. So, an OPC is effectively a company that has only one shareholder as its member.
Such companies are generally created when there is only one founder/promoter for the business. Entrepreneurs whose businesses lie in early stages prefer to create OPCs instead of sole proprietorship business because of the several advantages that OPCs offer.
At Kshitij T & L Consultants we provide you a hassle free One Person Company registration online process which would be dealt by our professionals within a time frame of 10 days and is subjective to governmental processing time. Our team takes care of the documents required for OPC registration and aids in provide you the realistic estimation of one person company registration cost.
The One person Company includes in the definition of “Private Limited Company” given under section 2(68) of the Companies Act, 2013. Thus, an OPC will be required to comply with provisions applicable to private companies. However, OPCs have been provided with a number of exemptions and therefore have lesser compliance related burden.
OPC will bring the unorganized sector of proprietorship into the organized version of a private limited company. Various small and medium enterprises, doing business as sole proprietors, might enter into the corporate domain. The organized version of OPC will open the avenues for more favorable banking facilities. Proprietors always have unlimited liability. If such a proprietor does business through an OPC, then liability of the member is limited.
The most significant reason for shareholders to incorporate the ‘single-person company’ is certainly the desire for the limited liability. All unfortunate events in business are not always under an entrepreneur’s control; hence it is important to secure the personal assets of the owner, if the business lands up in crises. While doing business as a proprietorship firm, the personal assets of the proprietor can be at risk in the event of failure, but this is not the case for a One Person Private Limited Company, as the shareholder liability is limited to his shareholding. This means any loss or debts which is purely of business nature will not impact, personal savings or wealth of an entrepreneur.
Passport size Photograph
Copy of PAN Card
Copy of Aadhar Card
Address Proof (Bank Statement/Mobile/Telephone Bill)
Copy of Electricity Bil
Sale Deed (if owned)
Copy of rent agreement
PAN & TAN
Certificate of Incorporation
Udyog Aadhaar Registration (MSME)
Certification Under PF Act
Certification Under ESIC Act
Certification Under PT Act
1-2 working daysDigital Signature Certificate(DSC) is required of the proposed Directors and Subscribers of the Company and it can be obtained within 1-2 working days.
2-3 working daysAfter obtaining the DSC and DIN of the proposed subscribers and Directors, our team will get in touch for a unique name and along with that collect all the requisite documents in scan for the incorporation of the company through the SPICE i.e INC 32
3-5 working daysAfter the name approval and review of all the documents required, we will submit incorporation Forms to MCA and once it gets approved Certificate shall be issued by the ministry and we will send the MOA & AOA, DIN via mail and DSC through courier
Minimum 2 board meetings as prescribed under the Act
Statutory audit by a chartered accountant
Appointment of Auditor.
Filing of ITR.
Annual filings to registrar of companies.
Maintaining Minutes and statutory registers.
|S.No.||Particulars||Private Limited||One person||LLP|
|1||Eligibility||Any individual may form a PLC||Only a natural person who is an Indian citizen and resident in India. shall be eligible to incorporate an OPC||Any individual and body corporate may be a partner in LLP|
|2||Taxation||Taxed at 30% plus surcharge and cess as applicable.||Taxed at 30% plus surcharge and cess as applicable.||Taxed at 30% plus surcharge and cess as applicable.|
|3||Closure/Dissolution/ Winding up||Can be initiated- Voluntarily, or By the Tribunal||Can be initiated- Voluntarily, or By the Tribunal||Can be initiated- Voluntarily by the partners or; By the Tribunal|
|4||Existence or Survivability||PLC is not dependent on the directors or shareholder. Can be dissolved only voluntarily or by Regulatory Authorities.||Existence of an OPC is not dependent on the Director or Nominee Director. Could be dissolved only voluntarily or by Regulatory Authorities.||LLP can continue its existence irrespective of changes in partners.|
|6||Statutory Audit||Compulsory||Compulsory||If Contribution > Rs 25lacs or, Turnover > Rs. 40lacs|
|Member – 1
Director – 1
Nominee of Sole Member – 1
|Designated Partners – 2|
|8||Fund Raising Options||High||Low||Low|
Well with highly qualified professionals in our team along with the technology gives edge over others, as a result highly rated professional services with full customer satisfaction is assured. We help to grow and manage your business letting you to concentrate on your business.
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