Incorporation of One Person Company (OPC) Pvt. Ltd. – Professional Guidance by CA Darshan Vora, Mumbai

A One Person Company (OPC) is the ideal business structure for individuals who want the advantages of a private limited company without the need for multiple shareholders. At CA Darshan Vora, Mumbai, we specialize in helping individuals seamlessly incorporate their OPC with full legal compliance.

What is a One Person Company (OPC)?

A One Person Company (OPC) is a unique business structure that allows a single individual to own and operate a company. Key features of an OPC include:

• Limited Liability: The owner's personal assets are protected from business liabilities.
• Separate Legal Entity: The OPC is distinct from its owner, with its own legal identity.
• Single Ownership: Owned and managed by one person, with a nominee appointed for continuity.
• Compliance Requirements: Similar to private limited companies, but fewer compliance obligations.
• Eligibility: Only Indian citizens and residents are eligible to incorporate an OPC.

Steps for Incorporating an OPC

The process of incorporating an OPC involves the following steps:

• Digital Signature Certificate (DSC): Obtain DSC for the sole shareholder and nominee to sign electronic forms.
• Director Identification Number (DIN): Apply for DIN for the sole director.
• Name Reservation: Reserve a unique name for your OPC through the MCA portal.
• Draft Memorandum and Articles of Association: Prepare the MOA and AOA tailored to the OPC's requirements.
• Filing Incorporation Forms: Submit Form SPICe+ (Simplified Proforma for Incorporating a Company Electronically) and other required forms to the Registrar of Companies (RoC).
• Certificate of Incorporation: Upon approval, the RoC issues a Certificate of Incorporation.

Documents Required for OPC Incorporation

Here’s a checklist of documents needed for the incorporation of an OPC:

• Identity Proof: PAN card and Aadhaar card of the sole shareholder and nominee.
• Address Proof: Passport, voter ID, or driver’s license.
• Registered Office Proof: Recent utility bill, rent agreement, or property deed.
• Photograph: Passport-sized photograph of the shareholder and nominee.
• Nominee Consent Form: Form INC-3, signed by the nominee.
• Digital Signature Certificate (DSC): For the shareholder and nominee.
• MOA and AOA: Drafted and signed copies.

Advantages of Incorporating an OPC

Starting your business as an OPC offers numerous benefits:

• Limited Liability: Protects the owner’s personal assets from business liabilities.
• Full Control: Ownership and management by a single individual.
• Separate Legal Identity: Operates as an independent legal entity.
• Perpetual Succession: Ensures continuity with a nominee in case of the owner's demise.
• Credibility: Improves the business's credibility due to corporate status.

Why Choose CA Darshan Vora for OPC Incorporation?

At CA Darshan Vora, we provide tailored solutions for incorporating OPCs. Here’s what sets us apart:

• Personalized Guidance: Advice on choosing the right structure and fulfilling compliance requirements.
• Hassle-Free Process: End-to-end support to make the incorporation process smooth.
• Compliance Assurance: Adherence to all statutory requirements for OPC incorporation.
• Timely Execution: Quick filing and approvals to save your valuable time.
• Transparent Pricing: Clear and affordable pricing with no hidden costs.

Contact CA Darshan Vora for Professional OPC Incorporation Services

Looking to establish your One Person Company? Let CA Darshan Vora in Mumbai make the process seamless and straightforward.

Take the first step toward building your dream business with our expert OPC incorporation services.