One Person Company Registration
Paid-up Capital Requirement
As per the Companies Act, 2013, an OPC must have a minimum paid-up capital of Rs. 1 lakh or such higher amount as prescribed.
Documents Required for OPC Registration
Address verification for the sole proprietor and director.
Utility bill for the registered office (up to two months old).
'No Objection Certificate' (NOC) from the landlord for using the premises as a registered office.
Taxpayer Identification Number (DIN) for the director.
Digital Signature Certificate for the Director.
Memorandum of Association and Articles of Association.
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Advantages of Establishing a One Person Company (OPC)
1. Limited Liability
As a sole proprietor, your liability is limited to the extent of your investment in the company, protecting your personal assets from business liabilities.
2. Separate Legal Entity
An OPC is considered a separate legal entity from its owner, allowing for easier business transactions and legal protections.
3. Perpetual Existence
Unlike a sole proprietorship, an OPC has perpetual existence, ensuring continuity of business operations even in the event of the owner's demise.
4. Credibility and Trust
Registering as an OPC enhances your business's credibility and trustworthiness in the eyes of customers, suppliers, and investors.