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Step By Step Process of One Person Company Registration

Author: Filingbuzz Consultants
by Filingbuzz Consultants
Posted: Nov 24, 2020

On? P?rson Comp?ny Registration (OPC) is? priv?t? li?bility comp?ny r?gist?r?d with just on? p?rson?s its own sol? own?r?nd sh?r?hold?r. Th? conc?pt of On? P?rson Comp?ny is introduc?d in Indi? through th? Comp?ni?s?ct, 2013. On? P?rson Comp?ny m??ns? comp?ny which h?s only on? p?rson?s? m?mb?r.

SPIC? Incorpor?tion is?n int?gr?t?d singl? point?pplic?tion for Comp?ny N?m?, DIN for th? Dir?ctor?nd Incorpor?tion of? Comp?ny?long with?llotm?nt of P?N?nd T?N to th? N?w Comp?ny.

Simplifi?d Proform? for Incorpor?ting Comp?ny?l?ctronic?lly (SPIC?) Incorpor?tion Filing proc?ss is?n int?gr?t?d singl? stage?pplic?tion for R?s?rv?tion of Comp?ny N?m?,?llotm?nt of DIN for Dir?ctors?nd Incorpor?tion of? N?w Comp?ny?long with?llotm?nt of P?rm?n?nt?ccount Numb?r (P?N)?nd T?x Coll?ction?nd D?duction Numb?r (T?N) into th? N?w Comp?ny.

?. PR?-R?QUISIT?S

1. Sh?r?hold?r (Individu?ls Just )

One Person Company Registration (OPC) c?n h?v? just 1(On?) Sh?r?hold?r. Th? first sh?r?hold?r must?x?cut? th? M?mor?ndum?nd?rticl?s of?ssoci?tion to get r?gist?ring th? Comp?ny.

Just?n individu?l who is?n Indi?n Citiz?n?nd r?sid?nt in Indi? c?n r?gist?r? Limit?d Comp?ny und?r th? provisions of Comp?ni?s?ct, 2013. On? P?rson Comp?ny (OPC) is c?t?goris?d?s? Priv?t? Limit?d Comp?ny und?r Comp?ni?s?ct, 2013.

OPC c?nnot h?v? mor? th?n On? sh?r?hold?r?t?ny stage of tim?.?lso,?n OPC c?nnot?dd sh?r?hold?rs to r?is? furth?r c?pit?l.

2. Dir?ctors

Th?r? should b? minimum of On? (1) dir?ctor at? On?-P?rson Comp?ny (OPC). Only individu?ls c?n b? d?sign?t?d?s dir?ctors of? comp?ny.

OPC c?n h?v? mor? th?n On? Dir?ctor?nd th? Dir?ctor(s) n??d not b? sh?r?hold?r

Th? Ministry of Corpor?t??ff?irs, Gov?rnm?nt of Indi?, sh?ll?llot Dir?ctors Id?ntific?tion Numb?r (DIN) to? Dir?ctor of th? Comp?ny.

3. Nomin?? Sh?r?hold?r

?t th? tim? of incorpor?tion of OPC, th? subscrib?r into th? m?mor?ndum of? On?-P?rson Comp?ny sh?ll nomin?t?? p?rson?s Nomin?? with th? his/h?r prior writt?n cons?nt into b?com? th? m?mb?r of th? comp?ny in th??v?nt of th? subscrib?r’s d??th or his inc?p?city into contr?ct.

Just?n individu?l is?n Indi?n citiz?n?nd r?sid?nt in Indi? c?n b?com? nomin?? for th? sol? m?mb?r of? On?-P?rson Comp?ny.

No p?rson sh?ll b??ligibl? to incorpor?t? mor? th?n On? (1) OPC or b?com? nomin?? in mor? th?n on? such comp?ny. At c?s? of? p?rson, b?ing m?mb?r at OPC b?com?s? m?mb?r in?noth?r One Person Company by virtu? of the nomin?tion th?t OPC, h? sh?ll v?c?t? / ch?ng? th? m?mb?rship into m??t this crit?ri? within? p?riod of 180 d?ys.

4. Digit?l Sign?tur? C?rtific?t? (DSC)

?ll filings to th? R?gistr?r of Comp?ni?s?r? m?d? through th? onlin??pplic?tion syst?m?pp?nd?d with? v?lid Digit?l Sign?tur? C?rtific?t? (DSC).?ll th? subscrib?rs / first sh?r?hold?rs of th? comp?ny must h?v? v?lid Digit?l Sign?tur? C?rtific?t? (DSC) issu?d to get th? filings.

? digit?l sign?tur? c?rtific?t? is? typ? of?symm?tric cryptogr?phy us?d to simul?t? th? s?curity prop?rti?s of? h?ndwritt?n sign?tur? on p?p?r. Digit?l sign?tur?s?r? oft?n confus?d with sc?nn?d im?g? of? physic?l writt?n sign?tur?, which do not h?v??ny l?g?l b?cking to get?uth?ntic?tion of?l?ctronic docum?nts.

5. Comp?ny N?m?

Th? n?m? of? On?-P?rson Comp?ny sh?ll?nd with th? words ‘(OPC) Priv?t? Limit?d’?nd th? propos?d Comp?ny N?m? sh?ll comply with th? Comp?ny N?m??v?il?bility Guid?lin?s und?r Comp?ni?s?ct 2013.

PROC?SS

1. RUN N?m? R?s?rv?tion

? One Person Company Registration Online is to b? fil?d to get r?s?rving th? Comp?ny N?m?, if th? n?m? would be to b? r?s?rv?d first b?for? filing th? docum?nts.

Th? n?m??pprov?d und?r RUN Proc?ss is v?lid for? p?riod of 20 d?ys out of th? d?t? of?pprov?l. Comp?ny Incorpor?tion docum?nts?r? into b? fil?d in th? v?lidity p?riod of Comp?ny N?m?.

2. Pr?p?r?tion?nd Filing of Comp?ny Incorpor?tion Docum?nts with MC?:

Comp?ny Incorpor?tion Proc?ss includes pr?p?r?tion?nd filing of th? flowing?-Forms:

?-Form INC-33:?-M?mor?ndum of?ssoci?tion (SPIC? Mo?)

?ll th? docum?nts?x?cut?d / not?ris?d /?tt?st?d?s p?r docum?nt?tion r?quir?m?nts h?s into b??tt?ch?d to th??-Form INC-32 / 33/ 34?nd th??-Forms h?s into b? digit?lly sign?d using th? Digit?l Sign?tur? C?rtific?t? (DSC) of th? sh?r?hold?r.

Th?r? is NO R?gistr?tion F?? p?y?bl? for submitting of?-Form INC-32 to get?ll typ? of Comp?ni?s if th??uthoris?d c?pit?l is l?ss th?n or?qu?l into Rs.10 L?khs?t th? tim? of r?gistr?tion. How?v?r, filing f?? to get?-Form INC-33 / 34?nd st?mp duty is?pplic?bl? to get r?gistr?tion of all?ny Comp?ny.

3. Proc?ssing of?-Forms by th? offic? of C?ntr?l R?gistr?r of Comp?ni?s:

Th? C?ntr?l R?gistr?tion C?ntr? (CRC) proc?ss?s th??pplic?tion?nd if found th? d?t?ils / docum?nts?r? in ord?r, th? C?ntr?l R?gistr?r of Comp?ni?s sh?ll r?gist?r th? Comp?ny?nd issu? th? after:

  • Comp?ny Incorpor?tion C?rtific?t?
  • DIN for Dir?ctors
  • P?rm?n?nt?ccount Numb?r (P?N)
  • T?x Coll?ction?nd D?duction Numb?r (T?N) to th? N?w Comp?ny.

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Author: Filingbuzz Consultants

Filingbuzz Consultants

Member since: Nov 21, 2020
Published articles: 1

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