One Person Company Registration | Online OPC Registration Startup Portal

1. One-Person Company (OPC) The One-Person Company (OPC) Registration in Pune is an important initiative of the Government of India to promote entrepreneurship and small business development in the country. The portal streamlines the registration process for OPCs in Pune by providing a user-friendly platform that simplifies the process and saves time and effort for entrepreneurs. The portal also offers important information and guidance to individuals looking to start their own business and provides access to various support services to help them grow and succeed. By making the registration process more accessible and efficient, the OPC Registration Startup Portal in Pune aims to encourage more individuals to start their own businesses and contribute to the growth and development of the local economy. What is One Person Company? A One Person Company (OPC) is a type of business structure that allows a single person to form a company with limited liability. In an OPC, the individual becomes the sole shareholder and director, and the company is treated as a separate legal entity from its owner. This means that the owner’s personal assets are protected in the event of any legal or financial issues faced by the company. OPCs are popular among entrepreneurs who want to start a business on their own but still want the advantages of limited liability protection. In India, OPCs are governed by the Companies Act, of 2013.

2. What are the Types of One-Person Company Registration In Pune? ● OPC with Limited Liability: In this type of registration, the liability of the company is limited to the extent of the unpaid share capital. This means that the personal assets of the sole owner/director are protected in case of any liability arising from the company’s activities. This is the most common type of OPC registration in India, as it provides protection to the personal assets of the sole owner/director. ● OPC without Limited Liability: In this type of registration, the sole owner/director of the company is personally liable for the company’s debts and obligations, and there is no protection for personal assets. This type of registration is not recommended, as it exposes the personal assets of the sole owner/director to risk. Documents For OPC Registration in Pune? 1. PAN Card for identity proof 2. Aadhar Card/ Voter ID/ Passport/ Driving License/Bank Statement 3. Passport-size photographs (two) 4. Proof of registered office, such as rent agreement or sale deed, electricity bill, NOC from the landlord, and other relevant documents 5. Digital Signature Certificate (DSC) for the director and the nominee 6. Director Identification Number (DIN) for the director 7. Memorandum of Association (MOA) containing the company’s objectives and nature of business 8. Articles of Association (AOA) containing the company’s internal rules and regulations 9. Requisite forms required for the incorporation process. Benefits of OPC in Pune: A. Limited Liability: The biggest advantage of OPC registration is limited liability protection, which means the owner’s personal assets are not at risk if the company faces any legal or financial issues.

3. B. Single Ownership: OPC allows a single person to own and run the business, which reduces the complexity of decision-making and management. C. Separate Legal Entity: After registration, OPC becomes a separate legal entity, allowing the owner to conduct business and enter into contracts in the company’s name. D. Easy Funding: OPCs are eligible for funding from banks and financial institutions, which can help the company to grow and expand. E. Lower Compliance Requirements: OPCs have lower compliance requirements compared to other types of companies, such as annual general meetings and board meetings. F. Tax Benefits: OPCs are eligible for various tax benefits, including deductions and exemptions, which can reduce the overall tax liability of the company. G. Professional Image: OPC registration can enhance the professional image of the company and make it easier to attract clients and customers. What Is Included In Our OPC Registration package in Pune? A One Person Company (OPC) registration package in Pune may include the following services: ➔ Consultation: Consultation with a professional to discuss the business objectives and type of OPC to be registered. ➔ DSC and DIN application: Assistance with obtaining DSC and DIN for the Director and Nominee. ➔ Name Approval: Assistance with applying for name approval through Form SPICe+. ➔ Incorporation: Assistance with incorporating the OPC through Form SPICe+ and submitting necessary documents/forms. ➔ PAN and TAN: Assistance with obtaining PAN and TAN for the company. ➔ Filing and Fees: Assistance with filing the necessary forms with the ROC and paying the required fees.