A One-Person Company is the best company structure for startups with annual revenues of less than Rs 2 Crore. At Proudfiler, you may register a business in the name of a single individual.

 

The Companies Act of 2013 in India is responsible for introducing the new organisation structure known as an OPC. A business may be launched with just one person. There must, however, be a nominee.

 

To qualify for an OPC, a company’s annual revenue must be less than 2 crore rupees and its maximum investment must be less than 50 lakhs rupees. Additional board members are permitted in an OPC. But one of them needs to be a legal resident of India. To put it bluntly, foreign direct investment (FDI) is not permitted in OPCs, and only Indian citizens are authorised to create such businesses.

Benefits of One-Person Company

Here are a few of the benefits:

 

1. The Only One Company is treated as its own legal entity. In the eyes of the law, a company is like a person because it has a common seal and can keep going on forever.

2. An OPC will have its own separate property once it has its own identity and works as a separate legal entity.

3.OPC should make a legal agreement with its shareholders or directors.

4. The Single Owner has full control over and is in charge of OPC. It makes it easy to make decisions and act quickly.

How to Register with the OPC

We can help you set up your business from start to finish. The process of making a One-Person Company official can be broken down into four steps:

1. How to Get a Digital Signature
2. Apply for RUN (Reserve Unique Name)
3. Filing for incorporation
4. Commencement of Business

OUR FEES FOR PROPRIETORSHIP REGISTRATION

 

Basic Plan

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
GST Registration
ESI & PF Registration
Commencement of Business Certificate

Standard Plan

Everything From the Basic Plan +

Financial Statement Preparation
MCA Annual Return Filing
Income Tax Return Filing

Premium Plan

Everything From the Premium Plan +

GST Return Filing For First Year
Udyog Aadhaar (MSME) Registration
One Application For Trademark Registration

PROUDFILER offers superior One Person Company Registration services in India. All necessary data and documentation is gathered before we begin working on the engagement. You will be paired with an engagement manager who can help you decide what kind of registrations you need. Depending on government processing time and client document submission, an OPC Registration usually takes between seven and ten business days to complete. Following the completion of these formalities, an application for a checking account can be sent to the bank.

 

For more information, feel free to contact us at EMAIL: info@proudfiler.com or call us at +91-7275103913.

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