India 
CanadaAll About One Person Company
In the year 2013 after company law amendment there was a new form of business structure evolved i.e. One Person Company. Before the enforcement of the Companies Act, 2013, a single person could not establish a company. If an individual wanted to establish his business, he/she could opt only for a sole proprietorship as there had to be a minimum of two directors and two members to establish a company. As per Section 2(62) of the Company’s Act 2013, a company can be formed with just 1 Director and 1 member. It is a form of a company where the compliance requirements are lesser than that of a private company. The director and member can be the same person.
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Corporate Genie Plans
Rs 4,499
- Register your One Person Company at Ministry of Corporate Affairs
- Advice, Drafting & Filing by Experts
- MCA processing and COI
- Spice+ Part A, Spice + Part B
- Company PAN & TAN
- MOA
- AOA
- Allotment of One DIN
- ESI and PF Registration
- GST Registration and Current account opening in your nearest branch
- Current Account Opening in your nearest branch
Rs 15,499
- Registeration of One Person Company at Ministry of Corporate Affairs
- Advice, Drafting & Filing by Experts
- MCA processing and COI
- Spice+ Part A, Spice + Part B
- Company PAN & TAN
- MOA
- AOA
- Allotment of One DIN
- ESI and PF Registration
- GST Registration
- First Board Resolution Documentation
- Consent Letter Drafting, Appointment of the Auditor
- Current Account Opening in your nearest branch
- INC-20A Commencement of Business
- Preparation of Financial Statements
- MCA Annual Return Filing and DIR-3 Director KYC
Rs 26,499
- Registeration of One Person Company at Ministry of Corporate Affairs
- Advice, Drafting & Filing by Experts
- MCA processing and COI
- Spice+ Part A, Spice + Part B
- Company PAN & TAN
- MOA
- AOA
- Allotment of One DIN
- ESI and PF Registration
- GST Registration
- First Board Resolution documentation
- Consent Letter drafting, appointment of the Auditor
- Current Account Opening in your nearest branch
- INC-20A Commencement of Business
- Preparation of Financial Statements
- MCA Annual Return Filing and DIR-3 Director KYC
- GST Return filing for Twelve months
Corporate Genie
Documents Required to form One Person Company
Corporate Genie
Process to obtain registration
FAQ
Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC.
A minimum of one is required while starting a One Person Company, but you can have up to 15 Directors for your OPC.
Yes, there is no restriction with respect to OPC becoming a member of private limited company.
The company shall file form INC-4 in case of cessation of member of OPC on account of death, incapacity to contract or change in ownership.
In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover of immediately preceding three consecutive financial years exceeds two crore rupees then it can be converted.
The OPC shall inform Roc in form INC-5.
Form INC-5 shall be filed within sixty days of exceeding threshold limits.
Requirement of Form INC-6 shall be filed by an OPC for conversion of an OPC into private or public company.
Yes, the private company will also file form INC-6 for converting itself into an OPC.
Yes, the private company will also file form INC-6 for converting itself into an OPC.
Form INC-6 shall be filed within 30 days in case of voluntary conversion and within six months of mandatory conversion.
Where a natural person, being member in One Person Company becomes a member in another OPC by virtue of his being a nominee in that OPC, then such person shall meet the eligibility criteria of being a member in only one OPC within a period of one hundred and eighty days, i.e., he/she shall withdraw his membership from either of the OPCs within one hundred and eighty days.