One Person Company

One Person Company is a new type of business entity that allows a single entrepreneur to operate a corporate entity with limited liability protection. Chennai Filings offers OPC registration from 28,999 all inclusive fee

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One Person Company (OPC)

One person company (OPC) allows a single Entrepreneur to operate or a corporate entity with limited-liability protection.

The concept of one person company in India was introduced through the companies act 2013 to support entrepreneurs who their own is capable of starting or venture allowing them to create a single person economic entity.

A nominee must be appointed by the promoter during incorporation.

  • The minimum authorized capital is Rs.1,00,000/-
  • Business involved in financial activities cannot be incorporated as OPC

Incorporation Process

The process of incorporation of a One Person Company can be divided into four steps as under:

Obtaining Digital Signature: Digital Signature certificate must be obtained for the sole promoter and the nominee for processing the incorporation. Application for DSC would require passport size Photos of the applicant, identity proof and address proof.

Name Availability: In parallel to the digital signature application, the application for name reservation can be submitted to the MCA.

Incorporation: after obtaining name approval, incorporation application can be filed to the MCA with Signed Memorandum of Association MOA and Article of Association AOA on filing for incorporation, approval is granted by the register of Companies (ROC).

Commencement of Business: Once the incorporation certificate is obtained, the OPC would initiate the process for bank account opening.

Documents required for Filing

  • Lease deed or rental agreement together with rent receipts
  • Copies of utility bills as described above that are not older than 2 months
  • A proof that the company is allowed to use the address as the registered office


Basic

28,999

all inclusive fees

  • 2 Class 2 Digital Signatures 
  • 1 Director Identification Numbers
  • 1 RUN Name Approval 
  • 1 Lakh Authorized Capital
  • Incorporation Fee
  • Stamp Duty 
  • Incorporation Certificate
  • Bank Current Account
  • GST Registration
  • Incorporation Kit
  • Hard-copy Share Certificates
  • Commencement of Business Certificate

Eco

38,999

all inclusive fees

  • 2 Class 2 Digital Signatures 
  • 1 Director Identification Numbers
  • 1 RUN Name Approval
  • 1 Lakh Authorized Capital
  • Incorporation Fee
  • Stamp Duty 
  • Incorporation Certificate
  • Bank Current Account
  • GST Registration
  • ESI & PF Registration
  • PAN & TAN
  • Incorporation Kit
  • Hard-copy Share Certificates
  • Commencement of Business Certificate
  • Financial Statement Preparation
  • Board Resolution Preparation

Pro

49,999

all inclusive fees

  • 2 Class 2 Digital Signatures 
  • 1 Director Identification Numbers
  • 1 RUN Name Approval
  • 1 Lakh Authorized Capital  
  • Incorporation Fee
  • Stamp Duty 
  • Incorporation Certificate
  • Bank Current Account
  • GST Registration
  • ESI & PF Registration
  • PAN & TAN
  • Incorporation Kit
  • Hard-copy Share Certificates
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Board Resolution Preparation
  • Udyog Aadhar Registration
  • Bank proposal
  • Company profile
  • Web Portal
  • IE code

* Note

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