One Person Company INCORPORATION
ONLY at ₹7,499/- all inclusive*
Shout-out to Solo Entrepreneurs who can now get the corporate identity with the advantage of limited liability.
*Except for the states of Punjab (₹15,499/-), Kerala (₹8,499/-) and Madhya Pradesh (₹12,999/-)
The OPC will have continued existence even after the death of the director as it will pass on to the nominee director unlike the case of proprietorship.
Distinct Legal Structure
Provides distinction between ownership and function.
Personal assets of owner is not at risk when the Company is not working well.
Brand Image and higher acceptability
All business stakeholders prefers to work with a Company over any other Entity.
So why not build a Brand?
What all do you GET?
- Name Approval Certificate
- Certificate of Incorporation
- PAN and TAN of the Company
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Digital Signature Certificates for promoter
- Director Identification Number (DIN) for Director
- Share Certificates for the promoter
- Bank Account Opening Support
- Registration for PF and ESIC
HOW DOES IT WORKS?
ANSWERING YOUR QUERIES
What exactly is a One Person Company (OPC)
One Person Company has been recently introduced by the Indian Companies Act 2013, and is an improvement on the sole proprietorship type of entity. It is a combination of a sole proprietorship and an Incorporated limited company.
How many people are required to form a One Person Company?
An OPC can be formed with one person alone who can be both the director and shareholder of the company. It can also have multiple directors though shareholder has to be a single person.
What is the distinction between an OPC and a Sole Proprietorship?
While a One Person Company has a completely official legal structure by way of being a limited company and protection from personal liability, a sole proprietorship does not.
Basically, if you haven’t created a separate legal entity for your business, then it falls into the domain of a sole proprietorship. A sole proprietor assumes full responsibility for the business and will be personally liable for any sort of financial obligations.
Can an OPC be eventually converted into a private limited company?
Yes. One Person Company can be converted (either voluntarily or even mandatorily as per stipulations) when it has crossed the threshold limit as prescribed by the MCA.
WHAT OUR CLIENTS SAY ABOUT US?
I got a new private limited company incorporated from InstaFiling. The service was very quick and transparent. Definitely recommended
They helped me understand the entire process of incorporation clearly and created the company in quick time.
I was going to incorporate a private limited company, but the team at InstaFiling suggested me a partnership firm with the requirements I had. I am glad to take their advice.