Reasons to Register a OPC

  • Separate Legal Existence

    • The entity is separate from the owner, unlike a proprietorship firm

    • Enter into a contract with the parties

    • Actions of the company are independent of the owner

  • Lower Compliance Requirements

    • Exemption to many compliances unlike a private company

    • Compliances like holding General and Board Meeting, etc. are not applicable to OPC

  • Limited Liability of Owners

    • Liability of a member is limited to the unpaid amount of the capital subscribed

Documents required

  • PAN Card of shareholders and Directors.

  • Aadhar card and Voter ID/ Passport/ Driving License of Shareholders and Directors

  • Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors

  • Latest photograph of Shareholders and Directors

  • Latest Electricity Bill/ Telephone Bill of the registered office address

  • NOC to be obtained from the owner(s) of registered office

  • Rent Agreement of the registered office

Minimum Requirements

  • The shareholder must be individual and Indian resident

  • DSC (Digital Signature Certificate) for Promoter

  • At least one director is appointed, who shall be an Indian resident

  • A nominee who is above the age of 18 years and Indian resident must be appointed as Nominee on registration

  • Directors and shareholders can be the same person

Final Deliverables

  • DIN for Directors

  • Company Name Approval

  • MOA + AOA

  • Incorporation Certificate

  • Company PAN Card

  • Company TAN/TDS Number

  • Bank Account Opening Document Support