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First Hand Holdings offers OPC registration from Rs.7099/-
Overview
What is One Person Company (OPC) Registration?

One Person Company means a company which has only one member'. It shall also be important to note that Section 3 classifies OPC as a Private Company for all the legal purposes with only one member. All the provisions related to the private company are applicable to an OPC, unless otherwise expressly excluded. The only exception provided by the Act to an OPC is that according to the rules only "NATURALLY-BORN" Indian who is also a resident of India is eligible to incorporate an OPC. Meaning thereby, the advantages of an OPC can only be obtained by those INDIANs who are naturally born and also a resident of India.

OPC Registration with First Hand Holding

The right structure for solo entrepreneurs looking beyond the opportunities a sole proprietorship affords

  • - One DSC & DIN
    The director must be registered with the MCA.
  • - Name Reservation
    We will then help you pick a unique name.
  • - MoA & AoA
    We will draft your company's constitution.
  • - SPICe i.e. INC-32 Approval
    Your company is now incorporated.
  • - Company PAN & TAN
    We will send in a request to the NSDL.
Benefits of OPC Registration

Limited Liability

Liability of director in OPC is limited to his shareholding, director's personal property or wealth is protected. In event of any loss or down fall his personal properties will not be attached.

Continuous Existence

Sole Proprietorships come to an end with the loss of life of the proprietor. As an OPC has a separate legal identity, it would pass on to the nominee director and, therefore, proceed to exist.

Greater Credibility

As an OPC needs to have its books audited annually, and submissions are to be made to ROC. Once filing is done financial becomes public documents. OPC has higher credibility amongst vendors and lending institutions.


Documents Required
DIN No. of director (if available), photograph of director, Pan card of director, Address proof of director, Address proof of business premises (electricity bill/property tax receipt) where companies address is proposed, Rent deed / lease deed of proposed address , You have to provide us 3 Unique Proposed name of new company AT the Bottom change FAQ on Private Limited Company to FAQ on One Person Company
TO BE GIVEN BY ONE PERSON COMPANY DIRECTOR
Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
Scanned copy of Voter’s ID/Adhaar Card/Passport/Driver’s License.
Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill.
Scanned passport-sized photograph specimen signature (blank document with signature [directors only]).
DOCUMENTS NECESSARY FOR THE REGISTERED OFFICE
Scanned copy of Rental Agreement written in the English language
Scanned copy of N-O or No-objection Certificatefrom the concerned property landowner.
Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill.
Scanned copy of Property or Sale Deed printed in English (if the property is owned).
OPC Registration Process Duration
  • ON DAY 2: All companies need a registered PAN or Permanent Account Number and TAN or Tax Account Number. Our representatives will file the application online.
  • ON DAY 5: Firstly, the OPC director should petition or apply for the DSC otherwise known as Digital Signature Certificate, which is mandatory to file for the company registration records.
  • ON DAY 7: Once the application for the DSC is done, our agents will ask you to select a title for your business and ship us the relevant scanned documents for the same.
Pricing
Pay as your grow

Basic

all inclusive fees

₹7099

  • 2 Class 2 Digital Signatures
  • 1 Director Identification Numbers
  • 1 RUN Name Approval
  • Upto 10 Lakhs Authorized Capital
  • Incorporation Fee
  • Stamp Duty
  • Incorporation Certificate
  • PAN & TAN
  • Incorporation Kit
  • Hard-copy Share Certificates
  • Commencement of Business Certificate

Standard

all inclusive fees

₹16999

  • 2 Class 2 Digital Signatures
  • 1 Director Identification Numbers
  • 1 RUN Name Approval
  • Upto 10 Lakhs Authorized Capital
  • Incorporation Fee
  • Stamp Duty
  • Incorporation Certificate
  • PAN & TAN
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration
  • Commencement of Business Certificate
  • Bookkeeping
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • 1 Year Dedicated Compliance Manager Support

Premium

all inclusive fees

₹25999

  • 2 Class 2 Digital Signatures
  • 1 Director Identification Numbers
  • 1 RUN Name Approval
  • Upto 10 Lakhs Authorized Capital
  • Incorporation Fee
  • Stamp Duty
  • Incorporation Certificate
  • PAN & TAN
  • 50+ Document Formats
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 1 Year Dedicated Compliance Manager Support
  • Udyog Aadhar Registration
  • Trademark Registration
FAQs on One Person Company
Why should I form an OPC?
An OPC is a good alternative to running a sole proprietorship, largely because it gives limited liability to the business owner. This means that your liability is limited to the amount you’ve invested in the business; business debts cannot be recovered from personal possessions. Also, a sole proprietorship ceases to exist on the death of its promoter. In the case of an OPC, the nominee director takes over and the entity continues to exist. Single entrepreneurs who do not have another partner to start a private limited company may also consider it.
How long is the incorporation of the Company valid for?
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years .
How many people are required to incorporate a One Person Company?
To incorporate a One Person Company, a Director and a nominee is required. A nominee member is one, who shall, in the event of promoter member`s death or incapacitation become a member of the Company.
What are the tax advantages available to an OPC?
No general advantages; though some industry-specific advantages are available. Tax is to be paid at flat rate of 30% on profits, Dividend Distribution Tax applies, as does Minimum Alternate Tax.
Can I start more than one OPC at a time?
No, an individual can form only one OPC at a time. This rule applies to the nominee in an OPC, too.
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