One Person Company Registration

Welcome to ComplyLocal, your trusted partner in the seamless registration of One Person Companies (OPCs). At ComplyLocal, we understand the challenges of starting a business alone and aim to simplify the process for you. With our expert guidance and streamlined procedures, we ensure a hassle-free experience from start to finish. Our team of professionals will walk you through the registration process, helping you navigate legal requirements and compliance obligations with ease. With ComplyLocal, embark on your entrepreneurial journey confidently, knowing that your One Person Company registration is in capable hands. Let's turn your business dreams into reality together!

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Requirements to Register

To register your One Person Company (OPC) with ComplyLocal, you'll need:

Director Identification Number (DIN)

Obtain a DIN for the sole director of the company.

Digital Signature Certificate (DSC)

Get a DSC for the director to digitally sign documents.

Name Approval

Choose a unique name for your OPC and get it approved by the Registrar of Companies (ROC).

Memorandum of Association (MOA) and Articles of Association (AOA)

Draft and file MOA and AOA outlining the objectives and rules of your company.

Registered Office Address:

Provide a valid address for the registered office of your OPC.

Benefits of One Person Company Registration

To register your One Person Company (OPC) with ComplyLocal, you'll need:

Limited Liability Protection:

Enjoy limited liability protection, separating personal assets from business liabilities.

Single Ownership:

Operate your business as a single-member entity, simplifying decision-making and control.

Easy Compliance:

OPCs have fewer compliance requirements compared to other business structures, making it easier to manage.

Business Continuity:

The OPC structure ensures continuity of business operations, even in the absence of the sole director.

Legal Recognition:

Gain legal recognition and credibility for your business, enhancing trust among customers and stakeholders.

Faqs

Can a Foreign National Register an OPC in India?

Yes, a foreign national can register an OPC in India, provided they meet certain residency and other eligibility criteria.

Is There a Minimum Capital Requirement for OPC Registration?

No, there is no minimum capital requirement for OPC registration. You can start your OPC with any amount of capital as per your business needs.

Can an OPC Be Converted into a Private Limited Company?

Yes, an OPC can be converted into a private limited company once it meets the eligibility criteria specified by the Companies Act, 2013.

How Long Does It Take to Register an OPC?

The OPC registration process typically takes around 10 to 15 days, subject to government processing times and document verification.

Can I Have Multiple OPCs Under the Same Director?

No, a person cannot be a director in more than one OPC at a time. However, they can hold directorship in other companies, subject to certain conditions.

What Are the Annual Compliance Requirements for OPCs?

OPCs are required to file annual returns and financial statements with the ROC, maintain statutory registers, and comply with tax-related obligations.