One Person Company
- Is a form of company which allows a single person to operate business with benefits of Private Limited company. One Person Company needs to have Minimum 1 Directors and 1 Shareholder. Further No requirement of Minimum share Capital.
Features of One Person Company (OPC)
Process of Registration / Incorporation of One Person Company (OPC)
- No minimum capital required.
- Minimum 1 Director.
- Single Ownership. Only1 member.
- Ease of doing business.
- Separate Legal Existence
- Limited Liability
- Separation of Ownership and Management
- Perpetual Succession
- Having Borrowing capacity
- Easy Transferability.
- Name search.
- Name application.
- Obtaining Name Approval certificate.
- Obtaining Digital Signature.
- Preparation of all Legal documentation.
- Application for DIN & Incorporation
- Obtaining Certificate of Incorporation, PAN, TAN, Bank Account, GST, ESIC, EPFO and Profession Tax Registration (only for Maharashtra State).