One Person Company

ACCASYS offers OPC registration

One Person Company

One Person Company (OPC) Registration

An individual, who wants to start a business or currently running a business independently by not sharing the ownership with other person, can ideally register for One Person Company. One Person Company (OPC) can be formed only by one member. It has similarities of proprietorship where one man rules everything but has more similarities of a private limited company. It is more suitable for an entrepreneur, who wants to start up his/her own business and doesn’t have any partner but want to have limited exposure to his private assets from business debt. The other attractive features are - Minimum paper work, Limited compliance and Separate legal entity status. More and more businesses are getting registered as One Person Company (OPC) because it is a new concept in India

Pricing

Basic
15000/-

all inclusive fees

One person company registration with DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates and company kit. Inclusive of government fee and service tax.

Standard
19000/-

all inclusive fees

One person company registration with DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit and one year TDS filing. Inclusive of government fee and service tax.

Premium
25000/-

all inclusive fees

One person company registration with DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit, one year TDS filing and trademark filing*. Inclusive of government fee and service tax.

How we help with proprietorship registration

ACCASYS.com can help you register a one person company in 10 to 15 days, subject to government and client processing time

Digital Signature & DIN

Digital Signature Certificate (DSC) and Director Identification Number(DIN) is required for the proposed director of the one person company. DIN and DSC can be obtained for the proposed director in 2 to 4 working days.

Name Approval

A minimum of one and a maximum of six name choices can be submitted to the government. Subject to availability, company naming guidelines and government processing time, name approval can be obtained in 2 to 4 working days.

Company Registration

On obtaining company name approval, incorporation documents must be submitted to the government along with an application for registration. The government will usually approve the application for incorporation in 5 to 7 days, subject to their processing time.

Steps and processing time frame for completion of Business registration.

OPC Sole proprietorship Partnership Limited Liability Partnership (LLP) Private Ltd
DSC & DIN 2 to 4 working days N/A N/A 5 to 7 days 5 to 7 days
Name Approval 2 to 4 working days N/A Any name but not infringe on a registered trademark. 5 to 7 working days 5 to 7 days working days
REGISTRATION 5 to 7 days* TAN & MSME under Udyog Aadhaar.
3 to 5 days
Not compulsory but to avail legal benefits
5 - 7 days*
10 to 12 days* 5 to 7 days*
Total time taken 10 to 15 days 3 to 5 days 7 to 14 days 15 to 20 days 14 to 20 days

Compare Your Options

OPC Sole proprietorship Partnership Limited Liability Partnership (LLP) Private Ltd
Sole promoters Small traders and manufacturers Home businesses Professional services firms Start-ups and growing companies
Possible, but severely unlikely Impossible Almost impossible Possible, but unlikely Very easy to accommodate
Yes No No Yes Yes
Few benefits Minimal Minimal Most efficient Few benefits
Yes No No Yes Yes
High Minimal Minimal Low High
Documents Required

Documents Required

Identity and Address Proof of Directors & shareholders
1. Pan is Mandatory &  Passport Size photographs (4 each)
2. ID proof - Any one of Aadhar Card/Drivers License/Passport/Voter’s ID
3. Address Proof - Bank statement/ Utility Bills (EB)- less than 2 months old
4. Proof for Registered Office
  • Rented Premises - Copy of Rental agreement, EB & NOC from Landlord
  • Own Premises - Copy of Sale deed and EB AND Property Tax Receipts
5. Signed incorporation documents
  • Signed Digital Signature Application document in Hard Copy
  • Other incorporation documents signed and uploaded as soft copy