The concept of One Person Company in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. One of the biggest advantages of a One Person Company (OPC) is that there can be only one member in an OPC, while a minimum of two members is required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership (LLP). Similar to a Company, a One Person Company is a separate legal entity from its promoter, offering limited liability protection to its sole shareholder, while having continuity of business and being easy to incorporate.
DOCUMENTS FOR REGISTRATION
1. ID PROOF OF PROPOSED DIRECTORS
- SELF ATTESTED COPY OF PAN CARD OF ALL PROPOSED DIRECTORS
- SELF ATTESTED COPY OF ID PROOFS OF ALL PROPOSED DIRECTORS ( VOTERS ID/ PASSPORT/ DRIVING LICENCE)
2. ADDRESS PROOF OF PROPOSED DIRECTORS
- SELF ATTESTED COPY OF ADDRESS PROOF OF ALL PROPOSED DIRECTORS (BANK STATEMENT/ ELECTRICITY BILL/ TELEPHONE BILL/ MOBILE BILL (ANY TWO NOT LATER THAN 2 MONTHS)
3. PROOF OF REGISTERED OFFICE
- RENT AGREEMENT ( IF THE PROPERTY TAKEN FOR RENT)
- SALE DEED (IF THE PROPERTY IS OWNED BY ANY OF THE DIRECTORS)
- CONSENT LETTER FROM BUILDING OWNER
- ANY TWO UTILITY BILLS ( ELECTRICITY BILL/ WATER BILL/ BSNL BILL/ PROPERTY TAX RECEIPT) NOT LATER THAN 2 MONTHS
NOTE: ALL THESE DOCUMENTS SHOULD BE CLEARLY SCANNED IT AND SEND. DO NOT USE CAM SCANNER FOR SCANNING THE DOCUMENTS IT MIGHT NOT BE ACCEPTED BY MCA