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One Person Company

One Person Company

DOCUMENTS

FOR REGISTERED OFFICE

  • Rental Agreement of office premises.
  • Sale Deed / Property Deed in English.
    (In case property owned by any one of the Partner)
  • No objection letter from the Property owner.
  • Property ownership document.
  • Latest Electricity Bill Copy.

 

FOR DIRECTOR, SHAREHOLDER & NOMINEE

  • PAN Card copy
  • Aadhar Card copy
  • Proof of Identity
  • Proof of Address
  • Passport Size Photo
  • Specimen Signature

FAQ

  • What is the minimum number of a director to form OPC?

    As the name suggests, a One Person Company can be started with one director.

  • Who is a nominee in a One Person Company?

    A nominee is a person who in the event of death or disability of the subscriber of the One Person Company shall assume his position. Memorandum of Association of a One Person Company will mandatorily prescribe the name of the person.

  • Can I appoint my wife as my nominee for my One Person Company?

    Yes. Anyone can be appointed as a nominee, provided he or she holds a correct PAN in his or her name.

  • Can a nominee of a One Person Company be changed after incorporating the company?

    Yes. A nominee can be changed at any time with due intimation to the Registrar.

  • Can NRIs or Foreigners hold shares of a Private Limited Company?

    Yes, NRIs / Foreign Nationals / Foreign Companies can hold shares of a Private Limited Company subject to Foreign Direct Investment (FDI) Guidelines.

  • What is the Director Identification Number (DIN)?

    Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.

  • Is Foreign Direct Investment allowed for One Person Company?

    No, FDI is not allowed for One Person Company. You may consider incorporating a Private Limited Company if you desire to bring FDI.

  • Can OPC become a member of another private Limited company?

    Yes, the Act has not made any restriction for a One Person Company to become a member of another Private Limited Company.

  • Whether an OPC can be converted to a Public Limited Company and vice versa?

    One person company can easily be converted to a Public or Private Limited Company.

  • Do you have to be present in person to incorporate a One Person Company?

    No, you will not have to be present for registering of an OPC. This is a completely online process.

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