One Person Company Registration Service in Pune
- Digital Signature (DSC)
- AOA & MOA
- PAN & TAN
- DIN
- Certificate of Incorporation
- Name Approval
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One Person Company Registration in Pune
Benefits of One Person Company Registration in Pune
Quick and easy to get started
Starting an OPC is efficient, taking just 6-7 days. It offers a swift legal setup, ensuring you can quickly register with the Ministry of Corporate Affairs. This streamlined process allows solo entrepreneurs to enjoy the benefits of a corporate structure with minimal delay.
Thank you for reading this post, don't forget to subscribe!Distinct legal entity
A One Person Company (OPC) is a distinct legal entity like Private and Public Companies, enabling entrepreneurs to operate with full control. It offers similar features to a Private Limited Company, including limited liability protection and a separate legal identity, making it a flexible and beneficial choice for solo founders.
Easily Access to loans from banks
Banks often prefer lending to One Person Companies (OPCs) over Proprietorship or Partnership Firms. For many entrepreneurs, starting as an OPC rather than a Proprietorship or Partnership can be more advantageous, offering better credibility and easier access to financing.
Legal Status to a Business
A One Person Company (OPC) provides entrepreneurs with legal status and social recognition akin to Private Limited Companies. This status helps attract top talent and offers designations like Directorship, which are not available to Partnership or Limited Liability firms.
The Only Owner
The main advantage of an OPC is being the sole owner, which streamlines decision-making and minimizes unnecessary intervention. This allows for quicker decisions and smoother business operations, making it an ideal choice for entrepreneurs seeking efficient management and control.
Compliances
An OPC must adhere to regulations applicable to Private Companies but benefits from various exemptions, resulting in a lower compliance burden compared to a Private Limited Company. This streamlined approach makes OPCs an attractive option for solo entrepreneurs seeking limited liability and operational flexibility.
Requirement of One Person Company Registration in Pune
- Minimum One Person Company
- DIN for person who is proposed to be owner of Company
- Consent From the owner & nominee
- Minimum Capital shall be ₹100,000
- Digital Signature (DSC) for one person
- NOC from the owner of premises
Documents Required for One Person Company Registration in Pune
- Pan Card
PAN Card of Director
Identity Proof of Director (Any one of the following)
- Driving License Copy
- Passport Copy
- Voters Card
Address proof of Director(Any one of the following)
- Electricity Bill
- Telephone Bill
- Mobile Bill
- Bank Statement
- Electricity Bill
- Telephone Bill
- Mobile Bill
- Rent Agreement
Proof for the registered office address (Any one of the following)
No Objection Certificate form owner of premises
- No Objection Certificate
Passport size photograph of Director
- Passport Size Photograph
Requirement of One Person Company Registration in Pune
Name Selection and approval
Digital Signature
DSC for Directors is mandatory
Preparation and Signing of Documents
Final Submission
Registration Certificate LLP
LLP Agreement
Testimonials
FAQ's
A One Person Company (OPC) is a type of company that can be formed by a single individual. It combines the advantages of a sole proprietorship with the benefits of limited liability and a separate legal entity status, allowing one person to own and manage the business while enjoying the benefits of corporate structure.
Registering an OPC provides limited liability protection, meaning the owner’s personal assets are protected from business liabilities. It also offers a formal business structure, which can enhance credibility and ease of access to funding. Additionally, OPCs benefit from simplified compliance requirements compared to private limited companies.
The minimum capital required for OPC registration is ₹100,000. This capital must be deposited into the company’s bank account at the time of incorporation.
Key documents include the proposed owner’s PAN card, proof of identity and address, proof of the registered office address (such as a utility bill or rent agreement), and a No Objection Certificate (NOC) from the premises owner. Additionally, a Director Identification Number (DIN) and Digital Signature Certificate (DSC) for the proposed owner are required.
No, the sole owner of an OPC must be a resident of India. However, a foreign national can be a nominee or director if they meet the legal requirements.
The OPC registration process typically takes around 15-20 working days, depending on the accuracy and completeness of the submitted documents and the processing time by the Registrar of Companies (ROC).
Post-registration, OPCs must comply with annual filing requirements, including submitting annual returns and financial statements to the Registrar of Companies. They must also maintain proper books of accounts and adhere to tax regulations.
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