One of the simplest business structures to run in India is the one person company (OPC). OPC is a mixture between a corporation and a sole proprietorship. It has received a number of exemptions from the Companies Act’s compliance requirements. It is a type of corporation with fewer compliance obligations than a private corporation. OPC registration is a quick and affordable process.

For sole proprietors and business owners who also want to benefit from restricted liability and a separate legal entity, OPC Registration brings forth new business prospects.

Checklist:

• Have unique name
• Business activity
• Shall have Authorised Capital of Rupees 1 lakh

Details and documents required:

• Unique name for name application
• Main object clause
• Director cum first subscriber details and documents:
  • Self-attested copy of Aadhar Card
  • Self-attested copy of PAN Card
  • Self-attested copy of Voter id/ Driving license/ passport
  • Address proof (Latest Bank statement/Electricity bill/ Telephone Bill/ Mobile Bill of all directors and subscriber)
  • Education qualification
  • Occupation
  • Mobile number
  • Email Address
  • Ratio of shares by each subscribers
• Copy of Electricity Bill/ Telephone Bill/ Water Bill not older than two months as a Proof of Registered office of Proposed Company.
• Rent agreement(if any)
• NOC for bill
  Note: if proposed directors do no having DSC then also needs to apply for DSC and following documents required for application of DSC:
  • Self attested PAN CARD of directors
  • Self attested Aadhar Card of directors
  • Passport size photograph of directors
  • Email address and mobile no. of directors