A single person can form an OPC by subscribing his name to the memorandum of association and fulfilling other requirements prescribed by the Companies Act, 2013.
One-man company, also known as 'wholly-owned', 'single-share companies'. OPC refers that there is only one shareholder, and he has limited liability depending upon the capital he invested in the company. There has to be a clear distinction between the corporate property and the individual property of sole shareholder.
(1) Independent Existence
(2) Limited Liability
(3) Separate Property
(4) Tax Flexibility and Savings
(1) Apply for Digital Signature Certificate.
(2) Apply for Director Identification Number.
(3) Name Approval Application
(4) Documents Required.
(1) Copy Of PAN Card owner.
(2) Passport size photograph of the owner
(3) Copy of adhar card/voter id card
(4) Copy of rent agreement
(5) Electricity bill
(6) Copy of Property Papers
(1) What is One person company ?
(2) What is eligible to become a member of an one person company?
(3) Does a OPC have perpetual succession?
(4) Is it mandatory for a member of a OPC to a appoint a nominee ?
(5) Can a minor become a member or nominee of an OPC ?