Desire to be famous one person company in india, get it registered now!
Posted: Oct 27, 2019
A new and very encouraging concept for business has been introduced by the revered Company Act 2013. This is the One Person Company (OPC), which has revolutionized the system of doing business as it has freed the business owners from the shackles of the old system of having at least 2 directors and members in the private company and a minimum of 3 Directors and 7 members for the public company. Under the latest advancement as per the section 2(62) of the Company Act 2013, now a company can be formed by a single Director and member. This type of company of one person company, is formed where the compliance requirements are lower in comparison to the private company.
By including this form of business, it has become a massive and strong platform for the small business owners and entrepreneurs. But to make the company a legal entity, the OPC registration is obligatory as well as advantageous, as it provides credibility to the company. This can be done by self and also by the assistance of lawyers. Any famous one person company in india can take assistance of legal firm, which provides individual attention and carefully etches all the details for the application filing. These firm comprise intelligent and experience lawyers who are opc service experts.
The process of OPC registration is stated below step by step in an elaborative manner:
- Application for DSC
This step involves obtaining Digital Signature Certificate for filing the registration application. For this process the client has to provide his identity proof like Aadhaar Card, PAN card, Address proof, photo, etc.
- Apply for DIN
Application for the Director identification number for the proposed director, it is noted down on the SPICe-form.
- Application for name approval
A name has to be coined for the company which has to be registered in the form of form of "ABC (OPC) Private Limited".
- Documents Required
The documents of MOA, AOA and nominee filing has to be filed which is submitted to ROC.
- Forms filing with MCA
All the required documents would be attached to the SPICe form, SPICe MOA and SPICe AOA, along with the DSC of the directors. This will be sent for the approval under the MCA site. After this, form 49A and 49B will be generated for the PAN and TAN generation of the company. These forms will have to be submitted after affixing the DSC of proposed director.
- Issuance of the certificate
After through verification by the government officials, the ROC will issue a Certificate of Incorporation to the company so that they can freely commence with their business.
Company Registration In India
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Kavita is working as a consultant at a legal services in India. She is also an experienced and passionate writer who has been written many Blog and websites' content about Company registration and Trademark registration in India.