One Person Company (OPC) Registration In Gujarat
- Ideal for start-ups
- Simple & Secure Online Process
- Fast track registration takes 10-12 Days
- Qualified Expert Team
- Get Post Incorporation Assistance
Overview
OPC Registration in Gujarat
One Person Company (OPC) is a unique and innovative business structure in India that caters to entrepreneurs who wish to start a business with the advantages of a corporate entity but without the need for additional shareholders. Here are key aspects of an OPC company in India, registering a one-person business requires a single director and one member who represents the entire company.
GujaratCorp,your preferred legal advisor, provides an affordable business registration service in India. We manage all legal processes and make sure that the Ministry of Corporate Affairs’ (MCA) rules are followed. We provide you an Incorporation certificate (COI), PAN and TAN documents as soon as the OPC business registration procedure is successfully completed. With these in hand, opening a bank account and starting your business will be easy.
Documents Required
The following documents are requirements for registering a company in India
- Directors/Shareholder Documents
- PAN and Aadhaar Card of Indian Shareholder and Director
- Copy of the latest Bank Account Statement, Telephone Bill or Electricity Bill of the Shareholders and Directors
- Passport-size photographs of the Shareholder and Director
- Business Address Proof
- NOC from the Owner, Latest Electricity Bill or Mobile Bill or
Water Bill, Rent Agreement
- NOC from the Owner, Latest Electricity Bill or Mobile Bill or
- Directors/Shareholder Documents
Process
Steps For Company Registration Process
1
Obtain DSC
2
Reserve Your Company Name
3
Submission of MOA & AOA
4
Get Company’s Incorporation Certificate
5
Get Company’s PAN & TAN
Advantages
Advantages of OPC Company
- Enhanced brand recognition and credibility lead to increased customer trust and loyalty.
- You can take advantage of several tax advantages as an OPC, such as deductions and exemptions specific to this type of business structure.
- In an OPC, shareholders’ liability is limited to the amount of capital they’ve invested, safeguarding their personal assets in the event of financial losses.
- OPC shares offer a straightforward exit strategy for shareholders through easy transferability.
- A OPC, being a distinct entity, has the capacity to engage in contracts, initiate legal actions, and be subject to lawsuits under its own name.
Comparison
Select the business structure that works best for your company
| Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm | |
| Applicable Law | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
| Number of Owners | 2-200 | Only 1 | 2 – Unlimited | 2-50 | Only 1 |
| Number of Director | 2-15 | Only 1 | 2 – Unlimited | NA | NA |
| Separate Legal Entity | Yes | Yes | Yes | No | No |
| Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
| Taxation Rate | 25% | 25% | 30% | 30% | Individual Tax Rate |
| Compliance Requirement | High | High | Moderate | Low | Low |
| Recommended for | Startups | Sole Proprietor | Professional & Startups | Small Business | Small Business |