Our Locations
Mohali - Chandigarh
Phone Number
9815580037
Mohali - Chandigarh
9815580037
Register a one person company registration online in India within 7 – 10 days. Get expert help from the shanpro advisors in OPC registration.
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With the introduction of the Companies Act, 2013 the concept of the One Person Company came into existence to motivate the small traders and entrepreneurs who has the potentiality to start their own business and build up their own identity. The biggest
advantages of starting a One Person Company are that only one person is required to start the business. An entrepreneur can be the master of their own domain in case of One Person Company (OPC). Wherein in case of Private Limited
Company or LLP, minimum of two members is needed to be incorporated.
One Person Company was introduced in the J.J Report to create empowerment for the entrepreneurs where they can give a shape to their ideas. As there is a progress in the use of information technology and growth in the
service sector in India, government has launched the concept of OPC.
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* Exclude Govt. Fees & DSC charges
One Person Company is a category of company where the shareholder is a single person. These companies are created when the founder or owner is a single individual. The owner is not liable to the losses incurred by the company.
the shanpro advisors can incorporate a One Person Company in 7-15 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.
As the name suggests, a One Person Company can be started with one director.
A nominee is a person who in the event of death or disability of the subscriber of the One Person Company shall assume his position. Memorandum of Association of a One Person Company will mandatorily prescribe the name of the person.
Yes, the Act has not made any restriction for a One Person Company to become a member of another Private Limited Company.
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.
Authorized capital of a Company is the amount of shares a company can issue to it shareholders. Companies have to pay the Government an authorized capital fee to issue shares in a Company. Companies have to pay authorized capital fee for a minimum of Rs.1 lakh.
A nominee can be changed at any time with due intimation to the Registrar.
