One person Company: A Company which has only one person as a shareholder.
Why to register/Benefits:
- Limited Liability.
- Less legal compliances compared to Pvt Limited Companies.
- Separate legal entity.
What is the Eligibility for OPC Registration?
- One Resident Citizen in India.
Process of OPC Registration?
- Obtain DSC
- Apply for Unique Name through Form INC-1
- Apply for Name Reservation - Form SPICe+ (Part A)
- Appointment of Nominee - Form INC-3.
- File Form SPICe+ Part B
- Issuance of Incorporation Certificate
Documents Required: First Director, Shareholder, Nominee
- PAN and Aadhar Card.
- Voter ID card or Driving License.
- Passport Size Photograph
- Latest Bank Statement
- Registered Office Address Proof.
- Copy of Utility Bills (Not be older than 2 months).