What is OPC Registration?

An OPC registration is the most recent way of doing business introduced by Companies Act, 2013. It is an advanced and more organized version of sole proprietorship firms. An OPC can only have one shareholder/member but can have more than one director.
The OPC is the most suitable for small businesses having limited turnover and less paid up capital. In case paid up capital of an OPC exceeds ₹ 50 Lakhs or its average annual turnover of immediately preceding three consecutive years exceeds ₹ 2 Crores. Then the OPC has to mandatorily converted itself into a private limited company or public limited company within six months.

Benefits of OPC Registration

• Unaffected Existence
  The sole ownership firms ceases to exist with the death of proprietor. OPC company has a separate legal entity which can be passed on to the nominee director and can continue to exist.
• Limited Liability
  As the OPC is also a type of private limited company. So, the personal assets of director/members are safe in OPC also, no matter the debts of OPC.
• More Reliability
  As the accounts of OPC are mandatorily required to be audited. The stakeholders can bank on the OPC as compared to sole proprietorship firms.
• Compliance Friendly
  OPC are free from various compliance formalities e.g. Holding of AGM is optional, Board Meetings and signing of annual returns.

What is included in our Package ?

• Name Approval (Up to 2 RUN form)
• DSC of 1 Members (Members & Directors can be same)
• DIN of 1 Directors
• Drafting of MOA/AOA
• ROC Fees
• PAN & TAN Nos.
• Application for GST Registration
• Assistance in Bank Account Opening

Documents/Details

• Two Unique and Desirable Proposed Name
• Copy of Pan card of Proposed Director/Member
• Copy of Pan card and Aadhar Card of Nominee
• Copy of Proof of Identity ( Aadhar Card/Voter Id Card/Passport/Driving License)
• Copy of Proof of Residence (Bank Statement/Electricity Bill/Telephone/Mobile Bill-Not older than 2 Months)
• Passport Size photo of the Proposed Directors/Members
• Unique Mobile No and Email address

Process

• STEP : 1 Fill our Basic Form
• STEP : 2 Application for Name Approval Form (RUN)
• STEP : 3 Application for Digital Signature Certificate
• STEP : 4 Filing of Spice + form, e-MOA and e-AOA to Registrar of Companies
• STEP : 5 Issue of Certificate of Incorporation by ROC along with PAN and TAN
• STEP : 6 Filing of Form INC 20A for Commencement of Business within 180 Days

Deliverables

• Certificate of Incorporation
• PAN Card of New Company
• TAN No Of New Company