One Person Company Registration

Posted by gauri jadhav on May 28th, 2018

What is One Person Company?
It is registered company who has only one person as a member or shareholder. It is a private company registered under the Companies Act, 2013. A One Person Company (OPC) will be treated as a Private Limited Company.

What are the documents required for Company Registration?
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox. No charges for obtaining requirement list and Quotation.

What are the Type of Business Entities in India?
The following types of Business entitles are available in India:
Private Limited Company
Public Limited Company
One Person Company
Producer Company
Section 8 Company
Limited Liability Partnership
Partnership
Sole Proprietorship

What are the Advantages / features?
Separate Legal Existence
Limited Liability
Flexibility of Ownership
Separation of Ownership and Management
Tax Planning
Perpetual Succession
Easy Transferability
Borrowing Power

What are the Minimum Requirement of Company Registration?
Minimum 1 Director
One Shareholder
One Nominee
DIN (Director Identification Number for all Director)
DSC (Digital Signature Certificate for one of the Directors)
Minimum Share Capital of Rs. 1,00,000/-
The Director and Shareholder can be same

Is there any threshold limits for an OPC to mandatory get converted?
In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover exceeds during the relevant period exceeds two crore rupees, then the OPC has to mandatorily convert into private or public company.

How to intimate ROC, if OPC exceeds threshold limit & requires conversion?
The OPC shall inform RoC in form INC-5 within 60 days, if the threshold limits is exceeded and is required to be converted into private or public company.

What is MOA and AOA?
The Memorandum of Association (MOA) states the main and ancillary objects of the proposed company.
The Articles of Association (AOA) contains the rules and procedures for the routine conduct of the proposed company.

What is Authorized Capital?
Authorized capital is the maximum amount of share capital for which a company can issue shares. Authorized capital can be increased by company at any time with shareholders’ approval.

What is Paid up capital?
Paid up share capital of a company is the amount of money for which share were issued to the shareholder and for which payment was made by shareholder. Paid up capital will always be less than the authorized capital as the company can not issues shares above its authorize capital.

One Person Company Registration
Ideal for Individual Entrepreneur
3,499/- + Govt. Fees
Save 30% Cost
Duration : 7 - 10 Days
Brows This @ http://www.corpaidcs.com/start-a-business/one-person-company
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