|Company Name Search||Free|
|Consultancy on Registration and Name Availability||Free|
|Government Fees||Rs 4,900|
(for 1 Lakh Authorised Share Capital)
|Documents Notarization Cost||Rs 500|
|Professional Fees||Rs 3369|
|Service Tax||Rs 730|
|Total Cost||Rs 11,999|
|Identity Proof (Election ID / Aadhar Card / Passport / Driving License)|
|Address Proof (Bank Statement / Mobile Bill / Telephone)|
|Rent Agreement (Notarised: For rented property)|
|Property (Director / Relative) - Registry Proof / House Tax Receipts (Notarised)|
|Latest Electricity Bill / Mobile or Telephone Bill / Latest Bank Statement|
|NOC from the owner on the name of any director (Notarised)|
A one person company is kind of business which is owned by a single person. In this kind of a business, the same person can both be the director as well as the shareholder. It’s a better option than a sole proprietorship and gives a person full control over the business while limiting his liabilities. An OPC is mandatorily required by law to convert into a Private Limited or Limited company should the average three-year turnover of the company cross 2 Crore or the paid-up capital is over 50 Lakh.
One of the directors has to apply for a Digital Signature Certificate (DSC) which is imperative for filing the company registration documents. You will be required to provide us with a few scanned documents and details; following which, our representatives will fill in the required forms and submit it online.
As soon as the DSC has been applied for, we will get in touch with asking you to pick a name for your company along with a few scanned documents regarding the company and its directors. Once we receive the documents, we will file SPICe i.e. INC-32 along with the Memorandum of Association (MOA) and Articles of Association (AOA). After the process has been completed, you will receive a Certificate of Incorporation.
Every company requires a registered Permanent Account Number (PAN) and Tax Account Number (TAN).For this we will upload the application online,but you need to courier the signed hard copies yourself.You will receive the PAN and TAN at your registered office within 21 working days.
If you are not satisfied for any reason, we will refund your money minus the Government fees. No questions asked
Only one shareholder is allowed in an OPC. Additionally, you need to have a nominee
When a One Person Company gets incorporated, it cannot convert itself to Private or Public company for a period of not less than two years from the date of incorporation. Means if you want to get converted voluntarily you have to wait for two years to over
When a One Person Company has a paid-up capital more or equal to Rs. 50 lakhs or, the Annual turnover for the relevant financial year exceeds Rs. 2 crores, then in such conditions, the company has to compulsorily convert itself into Private Limited Company or Public Limited Company.
The minimum authorized capital to start should be Rs. 100,000(US $2250 approx) and it can be increased to any amount(no upper limit). This money is deposited in your company bank account at your disposal.
With New form INC 29 the total time to register an OPC is 10-20 working days.
Yes, the company incorporation process is online. You can email / upload us the required documents.
No, an NRI or Foreign National cannot be a shareholder for an OPC
The documents requirements are as follows
Yes, a salaried person become the director in an OPC, there are no legal bondages in this, but you have to go through with your employment agreement if it contains any restrictions on doing so.
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.
No You can open a company to your residential address there is no requirement to have a commercial place to open up a company
For Registered Office Address
First ensure that company name is not similar to any other Private Limited,OPC, LLP or Public limited company. Also, do check If your first is not a registered trademark taken by anybody under the IP Act.
Also, make sure the name is not too generic to be accepted by the ROC land also, try not to use abbreviations, adjectives.
While choosing the name make sure that name should contain the objective of the business like if the objective is I then word is Technology, Technosoft, IT consultancy.
The proposed GST will drive down the price by 7-8% which is increased due to dual taxation and give relief to startups burdened with complying with multiple taxations prevalent in the country.
Two proposed GST will drive down the price by 7-8% which is increased due to dual taxation and give relief to startups burdened with complying with multiple taxations prevalent in the country.
Three proposed GST will drive down the price by 7-8% which is increased due to dual taxation and give relief to startups burdened with complying with multiple taxations prevalent in the country.
A thorough search of the TM directory. Authorization letter drafting.