Private Limited Company Registration

Ideal business structure for Small and Medium sized Enterprises going for Partnership

Pvt Ltd Company Registration

Definition

Inclusions

Procedure

Documents

5 Steps

Advantages

Requirements

Concerns

Name Selection

FAQ

What is OPC Registration ?

An OPC is the most present day type of business in India proposed by the Companies Act, 2013 and comprehend for a-One Person Company.

A ground breaking thought was propelled which advances the consolidation of miniaturized scale organizations and people with pioneering thoughts and to give a lift to business visionaries who can possibly start their endeavor by allowing them to manufacture a solitary individual organization.

You can undoubtedly enlist one individual organization under the blueprints of the organizations Act 2013 and the laws thereto, where it was made feasible for a solitary individual organization to fill in as an organization without the unpredictability of having accomplices. This urges more individuals to approach to initiate a business. The OPC is fit for independent ventures where the turnover isn’t probably going to cross Rs. 2 Crores. IN OPC Registration it’s imperative to take note of that the candidate or the executive ought to be Indian Resident.

One Person Companies are profiting to a great extent in building up the general economy of India. An ever increasing number of Entrepreneurs are coming up and beginning their business. By joining of OPC, the organization can appreciate the advantages in banking point and are qualified for Banking advances, credits. In this way, in the event that you need to fire up your own business, you don’t need to stress over all the system and moderate procedures.

Choose OPC Because

Coming up next is the qualification rules for OPC Registration in India.

Can have more than 1 chiefs, yet the investor can't be mutiple.

Not influenced by the passing of a part or move in possession.

Easy to set up and keep up relatively.

Limits the liabilities of its individuals

Least Paperwork is required.

Can fill in as Stockbroker or Sub-specialist

Not numerous compliances

No obstruction from any outsider is seen

Qualification For LLP Registration

S.No. Particulars OPC Company Private Company LLP
1
Eligibility
Only an individual who is an Indian citizen and resident in India is eligible to incorporate an OPC
Any individual be it NRI or Indian citizen can form a Private limited company.
Any person and group of corporate can be a partner in LLP
2
Minimum Requirement
Member – 1, Director – 1, Nominee of Sole Member – 1
Members – 2, Directors – 2
Designated Partners – 2
3
Procedure
Get DSC, DIN, MoA & AoA along with INC-32 Incorporation Filing, PAN, TAN Applications
Acquire DSC, MoA & AoA along with INC-32 Incorporation Filing, PAN, TAN Applications
Collect DSC, DPIN, Name Approval, Filing for Incorporation, File LLP Agreement, PAN and TAN Applications
4
Existence
Existence of an OPC is never dependent on the Nominee or Director. Can be dissolved by Regulatory Authorities.
A private limited company is not dependent on the directors or shareholder. Can be dissolved only intentionally or by Governing Authorities.
LLP can sustain its survival irrespective of changes in partners.
5
Credibility
Medium
High
Medium
6
Time Taken in Registration
15 – 20 Days
10 – 15 Days
15 – 20 Days
7
Conversion System
Cannot be converted before 2 years
Can be converted into LLP
Not directly converted into a Private Limited Company
8
Compliance Requirements
Annual Return Filing No Board Meetings, if only one director No General Meetings
Annual Return Filing Board Meetings & General Meetings
Annual Return Filing
9
Statutory Audit
Compulsory
Compulsory
Only in case contribution is more than 25 lakhs and less than 40 Lakhs
10
Fund Raising Options
Low
High
High
11
Recommended For
Sole promoters
Start-ups and growing
Professional services firms
12
Foreign Investment
Not Allowed
Allowed
Allowed

Procedure For Company Registration

Complete Our LLP Form

You are required to fill your details in our simple online questionnaire.

START

Obtain DSC and DIN for Director of OPC

Then, we shall obtain DSC and DIN for directors and apply for name approval of OPC.

3 Working Day

Verification and name apporoval for OPC

Then, we shall obtain DSC and DIN for directors and apply for name approval of OPC.

2 WORKING DAYS

Apply for the COI of OPC

We will apply for and obtain a certificate of incorporation for OPC and then apply for TAN and PAN.

10 WORKING DAYS

Your OPC is now ready

Once your OPC is registered, we shall send you TAN and PAN via courier.

CONGRATULATIONS

Eligibility Criteria for OPC Registration

Coming up next is the qualification rules for OPC Registration in India.

 

Just an individual who is a resident of India and inhabitant in India. Inhabitant in India alludes to an individual who had lived in India for a period at the very least 182 days in the previous one year Lawful elements like organization or LLP can't join an OPC.

A candidate must be chosen by the advertiser while the fuse.

The least approved capital must be Rs 1 Lakh.

An OPC is limited from working a minor as its part.

On the off chance that an OPC traverses Rs 2 crores or has a settled up capital more than Rs 50 lakhs. It must be changed over into a private or open inside a half year.

Least 1 Shareholder/Nominee/Directors

Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company.

Variables to Consider While Selecting a LLP Name

Short & Simple

The name ought to be succinct and not be excessively long. Individuals ought to have the option to review and articulate your organization’s name effectively the first occasion when they hear or read it.

Important

The name of your OPC ought to be applicable to your business. It should fit the organization’s marking methodology. For instance, Infosys alludes to data frameworks or IT advances.

Remarkable

Name of your OPC ought not be actually the equivalent or indistinguishable from a current LLP or organization or trademark or for which a trademark has been applied for. You can go to search.legalraasta.com to check if your organization name coordinates any others. Preferably, you ought to stay away from plural variant e.g, “Snapdeals” or only changing the letter Case or accentuation checks or dividing in a current LLP, Company and Trademark name.

Addition

OPC’s are not required to end their name with “Private Limited” or “Restricted”.

Ought not be illicit/hostile

The name of your LLP ought not be against law. It ought not be oppressive or against the traditions and convictions of any religion and ought not utilize words or expressions which are utilized as a slur and are hostile to a specific gathering of individuals. Further, names ca exclude foul words or expressions.

Ought not abuse any laws

Your OPC’s name ought not be given under and disregard the Emblems and Names (Prevention of Improper use) Act, 1950. Snap here to check the names. (See the Schedule). Ought not utilize the words “English India”.

 

Qualification For LLP Registration

Complete our Simple Form Online

Verfication of Documents

Submission of Document

Your work is Completed, Congratulations.

Documents Required For LLP Registration

Timeline for OPC Registration Process

Important Forms for OPC Registration

Privileges on choosing OPC

Constrained Liability

The executives’ very own property is always sheltered in regardless of the obligations of the business. In OPC just interest in the organization is lost, individual resources of the executives are spared.

Nonstop Existence

An OPC has a different legitimate personality, it would give to the candidate chief, in this manner, it has proceeded with presence.

More prominent Credibility

An OPC requires to have its books evaluated yearly, it has higher believability among merchants and loaning foundations.

Simple to Sell OPC

OPC Company is easy to sell on account of restricted documentation work.

Full Control over the Company with a Single Owner

This reality helps in quick dynamic and execution. However OPC can choose upwards of 15 executives for legitimate capacities, without giving any offer to them.

Simple to raise assets and advances

OPC is 1 of the least demanding types of corporate elements to work. Not very many ROC documenting is to be enlisted with the Registrar of Companies. No compelling reason to deal with Annual General Meeting and other normal compliances.

 

Taxation Rules for OPC Company

Privileges on choosing OPC

What do you understand by OPC and its registration?

One Person Company (OPC) another organization arrangement, maintains the upsides of sole ownership and the corporate state having one part, as the Director and a chosen one. The idea of OPC Registration was begun by the Companies Act, 2013 to give a lift to the business visionaries who have the capacity of initiating their own endeavor. They are pertinent to make a solitary individual organization. The OPC Registration is required for all business visionaries.

How many people are required to start One Person Company?

At any rate one candidate is required to begin an OPC who can go about as an investor just as an executive.

Are we allowed to form more than one One Person Company ?

No, you are not allowed to frame more than 1 OPC and candidate in your organization can’t be chosen as the candidate in some other OPC organization

Are there any others payments to be made for incorporation certificate in additional to the fee paid at the time of registration?

There is definitely no other installment. We will send you a comprehensive receipt, with no shrouded charges

Is Foreign Direct Investiment (FDI) allow of One Person Company (OPC) ?

No, FDI isn’t allowed for OPC Company arrangement, in the event that it does, at that point it will lose its genuine nature of OPC

How much capital is required to begin with OPC Company?

The least capital interest is Rs. 1 Lakh yet this sum differ from your speculation. Approved capital and venture are not the equivalent in OPC Company. You can contribute as much as you need to however when you have to consolidate an organization expertly, it must be started with Rs.1 Lakh as capital.

Who can become a member of One Person Company?

Any individual/association can turn into an individual from One individual organization including outsiders/NRI’s.

For incorporation of One Person Company do I have to be present in person?

The whole methodology is 100% on the web and you don’t need to be available at our office or some other office for fuse. A checked duplicate of reports must be sent through mail

 

Why choose Us?

How we serve you the best

 

24/7 Service

Best in work

Get fast result

Money Back Guarantee