Arrange basic documents of Directors
How does it work?
Clerk® will apply for DSC (Digital Signature) of Directors
Clerk® will Prepare MOA, AOA & other Legal documents
Our Team will File SPICe (INC-32) or Incorporation Docs with ROC
Get your Company Incorporation Certificate
What is a One Person Company (OPC)?
A One Person Company (OPC) is the latest form of business launched in the year 2013. OPC is for single owner/founder who do not find any organized and safe form of business, OPC can be formed by a single member with least compliances and maintenance.
Mandatory Requirements for One Person Company (OPC) Registration
One person Company (OPC) is a perfect substitute for sole proprietorship business introduced in the year of 2013. OPC allows single person to form a company and start the business in India. However, under OPC, one cannot raise funding nor can issue ESOPs to hire top talents. Further, maximum turnover under this company cannot exceed Rs.2 Cr upon which the OPC is mandatory converted into Private Limited Company. The mandatory requirements are:
- One person and one nominee is required. Nominee is the person who takes control on death of sole founder.
- Whatever is the capital amount of your company, you should invest the same within 2 months of incorporation.
- Any person can form only one OPC as per Companies Act, further only individual can form a OPC.
Documents Required for One Person Company Registration
What all do you get?
Start your Business
Clerk® India is obsessed with helping startup founders get government compliances right. Get your paperwork out of the way so you can get back to building your startup.