How To Register A One Person Company
The process of One Person Company Registration includes the following 6 easy steps. How to do One Person Company registration Online.
Acquire DSC of subscriber and director Apply for name of the company or one can directly apply a name within the form of incorporation.
How to register a one person company. 2 crores and the maximum amount of capital is Rs. The idea of One Person Company OPC in India was introduced to give a boost to entrepreneurs who have great potential to start their own venture by allowing. First of all you will need the digital signature of the director.
The simplest way to register a limited company is to use an authorised company formation agent but you can apply independently as well. However 15 people can be appointed as directors. One person company OPC is a new business structure introduced in India by the Companies Act 2013 No18 of 2013.
Name Approval Application Step 4. To establish a One-Person company you need to submit an application to the Authority. Registering as an OPC serves as a vehicle to provide sole proprietors and entrepreneurs access to the advantages and unlimited business expansion possibilities of corporate entities.
For example an OPC allows a single person to run a company limited by shares while a Sole Proprietorship defines the owners and the business as a single entity. For OPC registration only one person is required as a shareholder. How to Register One Person Company.
Ministry of corporate affairs now the process of registration is as follows. We reserve the name of your company and help you obtain the DSC and DIN. Register your OPC now.
However even one person can form a One Person Company. In order to start a One Person Company you have to keep certain things in your mind and should be eligible enough to open your own company. Comprehensive Guide To GST Invoice.
A one-person company is suitable for small companies where the business is unlikely to cross Rs. Get Started at Rs8999- All Inclusive. The process of registration of One Person Company is as under.
Your application will require you to supply the following details. Process of Registration Step 1. Filing Forms with MCA Step 6.
BIZINDIGO offers simple online process to get your OPC registered. A single-member LLC is also required to use its name and EIN to register for excise tax activities on Form 637. The member of an OPC has to nominate a nominee with the written consent of the nominee and file it with the Registrar of the Company ROC.
There is no requirement of submission of physical documents. Fastest One Person Company Registration in India. GST was introduced on 1 July 2017 many OPC Companies migrated enrolled for OPC GST Registration.
Vakilsearch helps you to register One Person Company in India in 3 simple steps. The One Person Corporation and Sole Proprietorship may sound similar but they have unique provisions exceptions and structure that only applies to each one. Pay and report excise taxes reported on Forms 720 730 2290 and 11-C.
GST Registration For OPC. One Person Company OPC. One DSC One DIN Name Reservation MOA AOA Certificate of Incorporation Company PAN TAN.
Issue of certificate of Incorporation For Name availability under RUN Web service there is no prior requirement to obtain DSC and DIN. Easily get your OPC Registration done Online. Apply for DSC Step 2.
Process of OPC registration. Apply for DIN Step 3. What is the process of registration a one person company in India.
The guidelines are as follows- You need to subscribe your name to the Memorandum and Article of Association of the proposed company and submit an application to the ROC Registrar of Companies of the state in which the registered office of the company is to be situated. GST Registration is complete online process. Get an office at Evoma on Old Madras RoadExpand your business without startup costs.
And claim any refunds credits and payments on Form 8849. One Person Company is owned and managed by single person. The following documents are required for it.
Documents Required Step 5. An OPC can have more than one director. OPC company is different form its director.
One person company registration in India-For a One-Person Company registration in India you can go to MCA ie. Applying for a Digital Signature Certificate of the proposed Director is the first step.
