One Person Company is enrolled company who has just a single investor. It is a privately owned business. Arrangements under the Companies Act 2013.
Company Cost Breakdown
* Stamp duty Extra for States: Punjab, Kerala, Madhya Pradesh
DOCUMENTS REQUIRED FOR COMPANY REGISTRATION?
Copy Of PAN Card Of Directors
Utility Bills Or Voter's ID Or Driving License
Passport Size Photo
Passport Size Photograph Of Directors
NOC From The Owner With Utility Bills With Rent Agreement Or Registry Proof Or House Tax Receipt
Frequently Asked Questions
- What are the major types of Business Entities in India?
The following types of business entities are available in India:
- Private Limited Company
- Public Limited Company
- Limited Liability Partnership
- One Person Company
- Sole Proprietorship
- What is a One Person Company?
One Person Company is a new form of business structure introduced in India in which a single person can put up a company having featured that of a private limited company. As per the act, OPC is a separate legal entity from its members, Offers limited liability protection to its shareholders has continuity of business and is easy to incorporate.
- What is the Significance of a Digital Signature?
The Information Technology Act, 2000 has provisions to use the DSC on the documents submitted in electronic form. Using DSC ensures the security and authenticity of the documents filed electronically. As such, all filling done by the companies/LLPs under the MCA21 eGovernance programme are required to be filed using DSC by the person authorized to sign the documents.
- Is PAN mandatory for obtaining DIN?
Yes, it is mandatory for all Indian Directors to obtain PAN. However, exceptions are there for foreign directors. MCA has issued a circular whereby Income tax PAN has been made mandatory, and thereby all existing Directors are expected to provide their Income tax details or update their details as per Income tax PAN Database in case the same are not matching in the DIN database.