With the introduction of the Companies Act, 2013 the concept of OPC (one person company) was introduced to support entrepreneurs who own are capable of starting a business by allowing them to create a single person economic entity.
Only one single member is required to incorporate an OPC, which is the biggest advantage of OPC over private limited companies & partnerships. Similar to a Company, an OPC is a separate legal entity from its members, offers limited liability protection to its shareholders.
- Minimum One Person
Minimum Capital shall be Rs. 100,000
DIN for the OPC person - Digital Signature for one person
- Consent From the owner & nominee
- Proof of Registered Address
- NOC from the owner of the premises
- Latest Colour Photo of the one person
- Pan Card of the one person
- Address Proof of the one person, In case of Premises, is taken on Rent / Lease (Rent agreement will also be required).
- Signature on the DSC Form
- Signature on Affidavit for DIN
- Signature on the Consent form
- One Director
- One Nominee
- PAN Number
- TAN Number