One Person Company

One Person Company Registration

One Person Company Registration Starting at Just  ₹ 9,999/-* only (T&C)

Ideal for single entrepreneurs

For medium sized entities

Simple & Secure Online Process

Minimal Compliance

Get Registration in 5-7 Days

Get Post Incorporation Assistance

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Introduction of One Person Company

As earlier under Companies Act, 2013 at least two persons were required as Members and Directors to form a Company which is not the same in the case of OPC. It is a simplified process with online filing and process.

In this type of entity it has only one shareholder who owns the 100% stake in the company. Also a nominee is required to be appointed in order to maintain the character of perpetuity who shall work in place of the owner in case of circumstances like death or his/her inability to continue.

Legal Window has team of experts providing you the best assistance, timely delivery and guaranteeing the highest customer satisfaction with respect to Company incorporation process. You may get in touch with our team on 072407-51000 or email [email protected] for One Person company registration and Compliance services.

Advantages of One Person Company Registration in Jaipur

Separate
Legal Existence

Once an entity is registered it is born in the eyes of law which means it is separate from its owners, unlike in proprietorship firm.

Limited Liability

As One Person Company is a separate legal entity its Liability is limited to an extent of its Share Capital or the guarantee provided. The Company’s obligation does not create any right over the Owner’s personal assets.

Less Compliances

Being a One Person Company, there are various exemptions as compared to private limited company like holding of Board and General Meetings .

Perpetual Existence

A Company has a perpetual existence, once it is registered lives forever until and unless it is not winded up by the Promoters or the Government. Once an entity is registered it is born in the eyes of law

Minimum Requirements for One Person Company Registration

Minimum one person as director and member

Minimum one persons as Nominee

Digital Signatures of Director

No Minimum Capital requirement

Director Identification Number if available

Director should be Indian Resident

Documents Required for One Person Company Registration in Jaipur

PAN Card of the director and nominee

Passport size photo of the director

Identity Proof of the director and nominee (Aadhar /Voter ID/Driving License/Passport)

Address Proof the director and nominee (Utility Bill/Telephone Bill/Mobile Bill/Bank Statement not older than two months)

Business Address Proof
Owned Property
: (Copy of Registry and Latest Govt. Electricity Bill or Water Bill)

Business Address Proof
Rented/leased:
Rent Agreement, NOC from the Owner, Latest Govt. Electricity Bill or Water Bill)

Process of Incorporation of One Person Company

1. Complete the Application Form
You are requested to first fill the simple questionnaire provided by our expert team.

2. Document Processing
At the second step we will be requiring the documents in accordance with the questionnaire filled by you so that we can arrange them as per the requirement and for processing.

3. Application for DSC
DSC is a Digital Signature Certificate consisting of the E-signatures prepared. It will approximately take 1 day.

4. Name Availability
The next step is to check the name availability. The name should be unique in nature and should not be similar to name of any other entity registered. It may take at least 1-2 days.

5. E-filing for incorporation of a Company
Once the name is approved, an online application is required to be filed through SPICE+ along with the requisite documents as obtained from the client with ROC. The MOA as well as AOA shall be filed online. This process again takes approximately 2-3 days.

6. Get Certificate of Incorporation
Once the Company gets incorporated, we will share all the docs like Incorporation Certificate, MOA , AOA and Digital Signatures.

Pricing One Person Company Registration in Jaipur

Standard

Rs. 9999/-

  • 1 Digital Signature Certificates
  • 1 Director Identification Numbers
  • 1 Name Approval Application under Spice+
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation using SPICe+
  • MOA & AOA
  • PAN
  • TAN
  • ESI and PF Registration
  • Bank Account Open

Regular

Rs. 11500/-

  • 1 Digital Signature Certificates
  • 1 Director Identification Numbers
  • 1 Name Approval Application under Spice+
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation using SPICe+
  • MOA & AOA
  • PAN
  • TAN
  • GST Registration
  • ESI and PF Registration
  • Bank Account Open
  • INC 20A Commencement of Business Certificate
  • Free consultancy by expert CA for 6 months

Supreme

Rs. 24500/-

  • 1 Digital Signature Certificates
  • 1 Director Identification Numbers
  • 1 Name Approval Application under Spice+
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation using SPICe+
  • MOA & AOA
  • PAN/TAN
  • SSI/MSME Registration
  • Trademark (1 application 1 class) (startups, proprietorship & small business)
  • ISO Certificate ( QMS 9001:2015 )
  • 25 Copies of MOA & AOA
  • Share Certificate & Company Seal
  • ESI PF Registration
  • Bank A/c Open
  • GST Registration
  • INC 20A Commencement of Business Certificate
  • Import Export Code (IEC)
  • Free Consultancy by expert CA for next 1 year

More Insights on One Person Company Registration in Jaipur

How to Select the Name of Company

  • You can check Company name availability thereby logging into MCA where you need to keep in mind two or three available options along with the activity type. Our team will assist you in the selection of name of company.
  • Also, along with checking the name availability we also need to check the trademark if already registered under the proposed name which makes the online application for registration more powerful. If you want to have a trademark of your word or logo you can get the same through Legal Window by clicking on the link. Trademark Registration

Other Key Points

  • If the proposed Director is already having the DIN then you can also check whether DIR-3 KYC is completed. You can verify the same with the help of our experts. If the same is not done yet, it can be done with help of Legal Window.
  • The One Person company is required to manage all the compliances after incorporation of the company like appointment of statutory auditor, filing commencement of business, Income Tax Filing, Annual Returns with ROC and other compliances as required by the law. Legal Window has a team of experts who keeps an eye on the due dates of your compliances and reminds you through mails.
  • Only person resident and citizen of India is eligible to incorporate One Person Company and will not be eligible to incorporate one more OPC.
  • Any other legal entity like LLP and other Companies cannot become the Member in OPC.
  • Minor is not eligible to become a Member in OPC
  • If the turnover of an OPC crosses 2 crores or has paid up capital more than 50 lakhs then the same shall be converted either public or private company within 6 months.

 Income Tax Rate for One Person Companies for F.Y. 2024-25

Domestic Company Turnover > Rs. 400 Cr

Net Taxable Income Income Tax Rate Surcharge  Health & Education Cess 
Upto 1 crore 30% Nil 4%
Above 1 crore but upto 10 crore 30,00,000+ 30% 7% 4%
Above 10 crore 3,00,00,000+ 30% 12% 4%

Domestic Company Turnover < Rs. 400 Cr

Net Taxable Income Income Tax Rate Surcharge  Health & Education Cess 
Upto 1 crore 25% Nil 4%
Above 1 crore but upto 10 crore 25,00,000+ 25% 7% 4%
Above 10 crore 2,50,00,000+ 25% 12% 4%

Choose the right entity type after comparing different business structures

Basis Private Limited Company Public Limited Company One Person Company Limited Liability Partnership Partnership Firm Proprietorship Firm
Registration Requirement Companies Act, 2013 Companies Act, 2013 Companies Act, 2013 LLP Act, 2008 Registered/Unregistered No Specific Criteria
Number of members 2 – 200 7-∞ Only 1 Unlimited 2 -50 partners Only 1
Number of Director 2-15 3-15 Only 1 2 designated partners NA NA
Naming of Entity Unique Unique Unique Unique No Guidelines No Guidelines
Capital Requirement Zero Zero Zero* Zero Zero Zero
Liability of Entities Limited Limited Limited Limited Unlimited Unlimited
Foreign Investment Eligible Eligible Not Eligible Eligible Not Allowed Not Allowed
Statutory Audit Mandatory Mandatory Mandatory Mandatory Not Required Not Required
Compliance Level Annual Compliance Annual Compliance Annual Compliance Annual Compliance Less Compliance Zero Compliance
Tax Rate 22% 22% 22% 30% 30% Individual Tax Rate
  Know More Know More Get Started Know More Know More Know More

Terms & Conditions*

In case of incorporation, additional stamp duty is applicable in some states-

  • Rajasthan- ₹5,000/-
  • Madhya Pradesh- ₹7,500
  • Punjab- ₹10,000
  • Kerala- ₹3,000

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FAQs on One Person Company Registration in Jaipur

How many people are required to form One
Person Company ?

Minimum one Director and one Nominee is required to incorporate a One Person Company.

Is it necessary to be present in
person for incorporating an One Person Company ?

No with ease of doing business the information shall be filed online through SPICE+ form at MCA Portal.

What are the reasons that inspire
people establishing a One Person Company?

  1. Compliances are low
  2. Simple to incorporate
  3. Fee and expenses are less
  4. Body corporate
  5. Limited liability

Whether FDI is allowed?

No, FDI is not permitted for One Person Company because it loose its nature of One Person Company

What is Company Registration
Certificate?

It is the documentary proof evidencing that the Company has been registered and having its unique identification number as Corporate Identification Number.

Can a person open more than One Person
Company?

No, a person cannot open more than one One Person Company at a time.

Can a One Person Company make any investments?

One Person company is not allowed to carry out non-banking financial investment activities and investment in securities of any Body Corporate.

Can a Director or Shareholder be a
same person?

Yes, a Director and shareholder has to be same person in case of One Person Company.

What is the minimum capital
requirement to form a One Person Company?

There is absolutely no minimum capital required but generally people prefer and are advised to incorporate the same with a minimum capital of Rs. 1 Lacs.

What is the maximum time period to
deposit the money for share agreed to be subscribed by the First Members of the
Company?

A Member is required to deposit the money  in the bank account at the earliest and file the form for commencement within 180 days from the date of incorporation of the Company.

Whether it is necessary to have a PAN
Card?

Yes, for Indian nationals becoming a Director in a Company it is mandatory to have a PAN Card and Passport in case of Foreign Nationals.

What are the post compliance after
company incorporation? 

Once, the company gets registered, it should comply with the following within the prescribed time frame.

  • Opening of the company’s current account and depositing the subscription money
  • Appointment of a Statutory Auditor
  • Issue and allotment of shares and provide Share Certificate

Can I provide the residential place
for registered office of the company?

You can register a One Person Company at a commercial or residential place by providing the documents as specified. There is no restriction by the department.

Can we convert One Person Company into
Private Company voluntarily?

A One Person company cannot convert itself unless two years is expired from the date of incorporation except on the condition of increase in threshold limit.