The concept of One Person Company [OPC] is new in business. Introduced by The Companies Act, 2013, this enables the Entrepreneur carrying on the business in the Sole-Proprietor form to enter into a Corporate Framework. One Person Company is a hybrid form of Sole-Proprietorship and Company form of business. This form is provided with concessional/relaxed requirements under the Companies Act, 2013. It is more legalized and credible structure of a proprietorship. It has all the features of Private limited company but requires only 1 shareholder.

Features:

• Limited Liability Protection to Directors personal assets
• Helps for Testing Business Model
• Better image and credibility in Market
• Complete Control of Company with Single Ownership
• Easy to Manage and Freedom from few Compliance

Demerits

• Mandatory conversion into Private Limited Company
• Taxed same as Private Limited Company
• Funding from Investors is not possible

Our package is designed to take care of the statutory needs and support you through the process of incorporation and successfully incorporate the company.

Pre-requisites

• One Shareholder
• Minimum 1 Director
• Director and shareholder can be the same
• One Nominee, whose age is more than 18 years
• Only Indian residents can be Shareholder & Nominee
• Place to register as address of the company

What is included in Package ?

• Help you choose name for the company and check for its availability
• One time Name Reservation(RUN) for the company
• Applying for Director Identification Number(DIN) and Digital Signature certificate (DSC) for directors
• Drafting of Memorandum Of Association(MOA) and Articles Of Association(AOA)
• Drafting of Director Declaration and related documents
• Submitting incorporation forms to Registrar of Companies
• Consultation with experts during incorporation

Deliverables

• Certificate of Incorporation
• eMOA and eAOA
• Director Identification Number for directors
• Digital Signature of 1 Director
• Permanent Account Number(PAN) for company
• Tax deduction and collection Account Number(TAN) for company

Package Price : Rs.8,000/- incl GST

Additional Costs:

• Stamp Duty on Authorized Capital (Govt fees) varies state to state