One Person Company (Single Owner Startup)

Rs. 5998 (10 days Guaranteed Delivery)

• – One Digital Signature Certificates
• – One Director Identification Numbers
• – Two Company Name Application
• – Stamp duty on Rupees. One Lakh Authorized Capital
• – Copy of e-MOA & e-AOA
• – e-PAN
• – e-TAN
• – e-copies of Share Certificate
• – Certificate of Incorporation

Timeline- Ten days

Digital Signature Certificate (One day)

Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate

Name Approval ( Upto 3 days )

The applicant can submit two proposed names for approval in the order of preference. In case the applied names are not available for registration, the ministry will give one chance to resubmit the application with another set of two names for approval.

Incorporation Process ( Upto 6 days )

After taking name approval, we prepare MoA (Constitution of company) and AoA (Internal regulation of company) once all these documents are ready and completed, the applicant may file for the incorporation of company

Cost to Client :

Company Name Search                    Free

Consultancy (24*7)                             Free

GST Certificate                                     Free

One Digital Signature                          1000

Name Application fees                       1000

Stamp Duty                                           1600*

PAN and TAN fees                                 131

Professional fees                                  2268

Grand Total                                                      5998

*stamp duty fees of Kerala, Madhya Pradesh and Punjab are extra

* above fees are calculated on authorized capital of Rs 1,00,000

Documents Required- Only Scanned Copies

For Director and Nominee

• – PAN
• – Aadhaar
• – Passport size photograph
• – Latest Bank Statement or utility bill not older than 2 months

For Registered office

• – Utility bill in the name of owner (not older than 2 months)

Frequently Asked Questions :

1.Why Prefer one Person Company over Other Forms of Companies ?

If you want to commence business without involving any other person as shareholder then OPC is an idle choice for you.

2. Is it compulsory to elect a nominee in an OPC?

Yes, the sole member of the OPC has to mandatorily elect a nominee at the time of registration of the company.

3. Is it mandatory to hold an Annual General Meeting if there is only one Director?

No, it is not mandatory.

4. What is the difference between an OPC and a sole proprietorship?

A sole proprietorship forces unlimited liability on its member, whereas in the case of an OPC the member has limited liability.

5. Can a person be a member of more than OPC?

No, a person can be a member of only one OPC at any given time. However, a member of an OPC is allowed from becoming a member of any other private company.

6. How many Directors can an OPC have?

An OPC can have a minimum of 1 director and a maximum of 15  directors.

7. Can an OPC be converted into a private limited company?

Mandatory Conversion – In case turnover of an OPC exceeds two crore rupees & paid up share capital is increased beyond fifty lakh rupees , it shall cease to be entitled to continue as a One Person Company.

Voluntary Conversion-  By passing a resolution in the company. However, voluntary conversion cannot happen within 2 years after the incorporation of the OPC.