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One Person Company Registration Guide

Obtain your One Person Company Registration efficiently with Adviso at your convenience.

Table Of Contents

One Person Company registration is a relatively new concept to public and private limited company registration. Before the implementation of the Companies Act 2013, it was a mandatory requirement that a company must have a minimum of two members; in other words, to form a company, two members were required. After implementing the Companies Act 2013, the concept of One Person Company registration came up in which a single person could incorporate a company, who would also be known as the director and the sole member of the firm.

One Person Company, also called OPC, could be easily formed by only one member, unlike a public limited company or private limited company. In this write-up, we will see the One Person Company registration process and the necessary documents required for the incorporation of OPC.

Advantages Of OPC Company in India

Several advantages of OPC Registration are not available for a public or private limited company. The benefits are stated as follows: –

    • Legal Identity : As discussed earlier, an OPC enjoys a separate legal identity protected by its distinct legal status. Even if the company runs into bankruptcy, the member of the company will only be liable for their shareholding, and the creditors cannot sue the member further for the liability of the company.
    • Funding opportunity : Like a public limited company and private limited company, an OPC can also quickly receive multiple funding options from angel investors’ venture capital because it is nothing different than a private company in terms of status.
    • Compliances relaxation : An OPC will not have to prepare the cash flow statement, which is otherwise in the case of a private limited company or public limited company, and the annual reports and account books are optional to be provided by the company’s secretary.
    • Ease of Incorporation : An OPC can easily be incorporated without much compliance, which is required in the other types of companies.
  •  Ease of Administration : Administration in an OPC is straightforward because it contains only one member who is also the director of the company; therefore, forming decisions is very easy in an OPC as no vote is required to be passed while taking the findings in the company, resulting in lesser internal conflicts within the company.

Why Adviso?

One Person Company Registration involves requirements, document preparation, and pre-and post-compliance obligations. It is essential to comply with the specific terms of the Company’s Articles of Incorporation (MCA). The Incorporation of an OPC can be a tedious process without professional support. That’s where the Adviso comes in. At Adviso, we provide expert services for online company registration on the MCA website. Our Lawyers, CA, and CS experts will be there throughout the journey to ensure your company lists smoothly and efficiently. With Adviso’s expertise and assistance, you can easily navigate the complexities of company registration, saving time and ensuring compliance with all necessary regulations.

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