One Person Company (OPC) Registration

To register a One Person Company (OPC) in India, certain requirements need to be met. These include eligibility criteria, naming guidelines, and document submission. 'Filing Pedia' is here to make the process seamless and hassle-free. With our expert guidance, you can complete your company registration efficiently while focusing on your entrepreneurial goals. Whether it’s choosing the perfect company name or filing the required documents, we take care of everything from start to finish.

1. Eligibility and Structure

  • Single Shareholder: An OPC allows only one shareholder, who must be an Indian citizen and resident.
  • Nominee Requirement: The shareholder must appoint a nominee who will take over the company in case of their incapacity or death.
  • Director: A single individual can act as both the shareholder and the director of the company. An OPC can have a maximum of 15 directors.

2. Unique Company Name

  • Naming Guidelines: The company name must be unique, aligning with MCA (Ministry of Corporate Affairs) guidelines and free from conflicts with existing trademarks or registered entities.
  • Ending with OPC: The name must include "(OPC) Private Limited" as a suffix.
  • Name Approval: Name availability should be checked on the MCA portal before proceeding with registration.

3. Registered Office Address

  • Valid Address Proof: A registered office address is required, which can be a commercial or residential location. Proof of this address is mandatory for registration.
  • Supporting Documents: Recent utility bills (electricity bill, gas bill, water bill) or rent agreements, along with a No-Objection Certificate (NOC) from the property owner, if applicable.

4. Required Documents for Registration

To register your One Person Company, the following documentation is essential:

  • For Director and Shareholder:
    • PAN Card: Mandatory for the director/shareholder.
    • Aadhaar Card: Proof of identity and address.
    • Passport (for Foreign Nationals): If the shareholder or director is a foreign national.
    • Passport-sized Photographs: Recent photographs for the director/shareholder.
  • For Registered Office:
    • Utility Bills: Must be recent (not older than two months) to serve as proof of address.
    • NOC from Property Owner: Required if the office is rented or leased.
  • Digital Signature Certificate (DSC):
    • The director must obtain a DSC for digital document signing, as all filings with MCA are done online.
  • Director Identification Number (DIN):
    • The director requires a unique DIN, issued by MCA during the registration process.

5. Drafting of Company Documents

  • Memorandum of Association (MOA): This document outlines the objectives, scope, and purpose of the company’s business.
  • Articles of Association (AOA): This document sets the regulations and rules for company governance, including details on director powers and company operations.

Step-by-Step Registration Process

  1. Apply for DSC: Digital Signature Certificates are needed for the director for electronic document submission.
  2. Apply for DIN: The director must apply for a Director Identification Number (DIN), which can be done through the SPICe+ form.
  3. Name Reservation: Submit the proposed company name on the MCA portal for approval. The name should adhere to MCA naming guidelines.
  4. Draft and Submit MOA and AOA: Prepare the Memorandum of Association and Articles of Association, defining the company’s objectives and rules.
  5. Filing of SPICe+ Form: File the SPICe+ form, an integrated form that covers company registration, DIN allotment, PAN, TAN, and GST registration.
  6. Issue of Certificate of Incorporation: Upon successful review, MCA issues a Certificate of Incorporation, officially registering the company.

Key Points to Remember

  • Timeframe: Typically, the registration process can take up to 10-15 business days, depending on document verification and approvals.
  • Post-Incorporation Compliance: After registration, OPCs must comply with periodic filings like annual returns, GST filings (if applicable), and other regulatory requirements.

Registering as a One Person Company not only establishes a credible foundation for your business but also enables access to funding, government benefits, and a structured corporate framework essential for growth.