One Person Company (OPC) Registration in India
📌 What is a One Person Company (OPC)?
A One Person Company (OPC) is a type of private limited company under the Companies Act, 2013 (Sections 2(62), 3, 18, 149), which allows a single individual to form a corporate entity with limited liability. OPC provides the simplicity of a sole proprietorship while offering the legal and financial benefits of a private limited company, including perpetual succession and separate legal identity.
📌 Legal Framework
- Companies Act, 2013 – Sections 2(62), 3, 18, 149, 92, 129; Rules under Companies (Incorporation) Rules, 2014 and Companies (Accounts) Rules, 2014.
- MCA Guidelines – Ministry of Corporate Affairs regulations for DSC, DIN, and e-filing.
- Income Tax Act, 1961 – PAN and TAN registration for compliance with tax obligations.
- Goods and Services Tax Act, 2017 – GST registration and compliance for OPCs engaged in business activities.
📌 Eligibility Criteria
- Only one member/shareholder is allowed.
- Must be an Indian citizen and resident in India for at least 182 days in the preceding financial year (Companies Act, Section 3).
- Must appoint a nominee as per Section 3(1) and Rule 3 of Companies (Incorporation) Rules, 2014, who will take over in case of incapacity or death.
- Directors must comply with DIN requirements under Section 152.
📌 Our OPC Services Include
- Incorporation Assistance:
- Digital Signature Certificate (DSC) and Director Identification Number (DIN) processing.
- Name approval under Section 13 and Rule 8 of Companies (Incorporation) Rules, 2014.
- Drafting Memorandum of Association (MOA) and Articles of Association (AOA) as per Section 4.
- Filing incorporation forms with MCA (SPICe+ e-forms).
- Registration & Statutory Compliance:
- PAN, TAN registration as per Income Tax Act, 1961.
- GST registration under CGST Act, 2017 (if applicable).
- EPFO/ESIC registration for employee compliance.
- Accounting & Bookkeeping:
- Maintenance of statutory registers as per Section 88, 170, 189.
- Preparation of annual accounts and filing Form AOC-4 under Section 129 and Companies (Accounts) Rules, 2014.
- TDS, payroll, and statutory return filing.
- Ongoing Compliance Support:
- Annual filing with MCA: Form MGT-7, AOC-4, DIR-3 KYC etc.
- Assistance with meetings, board resolutions, and statutory notices.
- Advisory on corporate governance, legal compliance, and financial management.
📌 Advantages of OPC
- Limited Liability – Shareholder’s liability is limited to the amount invested in the company.
- Single Ownership – Only one person is required to form the company, making it simpler to manage.
- Separate Legal Entity – OPC is distinct from the owner, providing legal protection and perpetual succession (Section 3, Companies Act 2013).
- Easy Compliance – Fewer compliance requirements than private limited companies.
- Access to Funding – OPC can raise funds from banks or financial institutions more easily compared to sole proprietorships.
- Perpetual Succession – Nominee can take over in case of death/incapacity of the sole member.
- Credibility – OPC structure increases credibility with clients, suppliers, and government authorities.
- Tax Benefits – OPC enjoys lower tax rates applicable to small companies under Income Tax Act, 1961.
📌 Why Partner With India Stat Filing
- Expert team with hands-on experience in MCA, GST, and Income Tax filings for OPCs.
- End-to-end services from registration to ongoing statutory compliance.
- Guidance on legal, tax, and accounting obligations under relevant acts and rules.
- Transparent updates, timely communication, and professional support.
📌 Our Commitment
At India Stat Filing, we ensure that your OPC is incorporated legally, remains compliant under Companies Act, 2013, and meets statutory obligations efficiently. Our team manages the entire process from documentation, e-filing, bookkeeping, and compliance reporting, giving you peace of mind and allowing you to focus on growing your business.
📞 Get Started Today
👉 Transform your business idea into a legally recognized One Person Company with India Stat Filing.
📩 Contact us now for seamless OPC registration and compliance services under Companies Act, 2013.