One Person Company (OPC)
Best for standalone business people to gain benefits of a company
Starting at Rs. 7,999/-*
Within 15 to 25 Days
No Hidden Fees, Quick Turn Around Time
What is it? | Why Needed? | Documents Required | Service Package | FAQs
One Person Company (OPC)
One Person Company (OPC) means a company which has only one person as a member that too with limited liability.
One Person Company (OPC) is a company with only one member person (only an Indian citizen and resident in India). This form of a business offers limited liability to the business owner as opposed to the sole proprietor whose liabilities are unlimited. OPC also shares many advantages of a private limited company, in fact, can be converted into a private limited company after 2 years of establishment. OPC can be registered only as a private company which means that all the provisions applicable to private company will be applicable to an OPC, unless otherwise expressly excluded in the Act or rules made there under.
Legal Brother’s has a team of experts in One Person Company (OPC) registration for pan India locations. You may contact us to get your One Person Company (OPC) registered in Delhi, Mumbai, Bangalore, Kolkata, Kanpur, Bareilly, Lucknow, Kanpur, Ghaziabad, Ludhiana, Faridabad, Meerut, Varanasi, Srinagar, Amritsar, Allahabad, Chandigarh, Bareilly, Moradabad, Gurgaon, Aligarh, Jalandhar or any other cities in India.
Why Needed: Reasons & Benefits
The Features and benefits of a One Person Company are:
Easy to transfer ownership
Its only needs share transfers from one owner to the respective one for changing the owners of company. That’s it.
Separate Legal entity
OPC are also treated as separate legal entity.
Market Goodwill
Since, Indian government takes a close check on all the Pvt. Ltd companies, market credibility gets better on its own due to the transparency.
Documents Required
- PAN Card
Individual PAN card of the owner is required for registration.
- Aadhar Card/ Voter Id card
Aadhar card of the owner is needed for the OPC Registration.
- OPC Address Proof
Any utility bill like Electricity bill or water tax bill, rent agreement with owner(if only property is rented) are required.
- Additional address proof
Any one document out of the Bank statement or updated bank passbook or Utility bill is needed for registration.
- Additional ID proof
Any one document out of the One documents out of a Voter ID or Driving license or Passport is needed.
Our Services Packages
Frequently Asked Question
Why should I choose to establish an OPC?
You should choose to establish One Person Company when you are the sole owner but wish to have legal company structure as a private limited company.
