One-Person Company is ideal for small businesses having turnover less than Rs 2 Crore. We at MYDBIZ offer One Person Company Registration registration at Rs 7,999/- all-inclusive.
An OPC is the newest form of business in India introduced for the first time by the Companies Act, 2013. Only one person is needed to start a company. However, a nominee needs to be nominated.
The OPC is suitable for small businesses where the turnover is not likely to cross Rs 2 Crore and the maximum amount of capital to be invested is limited to Rs 50 Lakhs. An OPC can have more than one director. However one of them must be an Indian Resident. The main limitation of OPC form of company is that only an Indian Citizen can open an OPC Company and FDI is not allowed in one-person company.
Benefits of One-Person Company:
Some of the benefits are as follows:
Process of OPC Registration:
We offer end to end solution for setting up your company. The process for incorporation of a One Person Company can be divided into four steps as under:
1 Digital Signature
1 Director Identification Number
Name Approval of the Company
Certificate of Incorporation
MoA & AoA
PAN & TAN Registration
Assistance in Current Account Opening
ESI & PF Registration
Hard copy of Share Certificates
Commencement of Business Certificate
Everything From the Smart Plan +
Financial Statement Preparation
MCA Annual Return Filing
Income Tax Return Filing
Everything From the Relax Plan +
GST Return Filing For First Year
Udyog Aadhaar (MSME) Registration
One Application For Trademark Registration
MYDBIZ is the market leader in One Person Company Registration services in India. Before we get started with the engagement, all the required information and documents are collected. An engagement manager would be assigned who will also advice you on the type of registrations to be obtained. The average time required to complete an OPC Registration is 6-7 working days depending on the government processing time and client document submission. Once the necessary registrations are obtained, an application is also submitted to the bank for current account opening.
For more information, feel free to contact us at email@example.com or call us at +91 9632 993 993.