One Person Company

• Limited Liability Protection

 Like other companies, OPCs offer limited liability protection to their sole shareholders. This means that the personal assets of the shareholder are protected from the liabilities of the business.

• Single Ownership 

OPCs are owned and managed by a single individual, known as the sole shareholder. This allows for complete control and decision-making authority over the company's operations.

• Separate Legal Entity

 OPCs are considered separate legal entities distinct from their shareholders. They can enter into contracts, own assets, and sue or be sued in their name.

• Perpetual Existence 

OPCs enjoy perpetual succession, meaning that the company continues to exist even in the event of the death or incapacity of the sole shareholder. This ensures the continuity of business operations.

• Lower Compliance Requirements

 OPCs have fewer compliance requirements compared to other types of companies, such as limited filing obligations and exemptions from certain corporate governance norms.

• Tax Benefits 

Depending on the applicable tax laws, OPCs may be eligible for certain tax benefits, including lower tax rates and deductions for business expenses.

• Increased Credibility 

Being registered as an OPC can enhance the credibility and trustworthiness of the business in the eyes of customers, suppliers, and potential investors.

• Flexibility 

OPCs offer flexibility in operations and management, allowing the sole shareholder to make decisions quickly and adapt to changing market conditions without requiring extensive consultations or approvals.

To Be Provided By One Person Company Director

• Scanned copy of Passport (for Foreign Nationals & NRIs) or PAN Card

• Scanned copy of Passport, Voter’s ID, or Driver's License

• Scanned copy of Current Bank Account Statement, Phone or Mobile Invoice, Electricity or Gas Invoice

• Scanned passport-sized photograph

• Sample signature or impression on a blank document

Note: The OPC director must self-attest the first three documents. In the case of NRIs or foreign nationals, all documents must be notarized (if presently in India or a non-Commonwealth nation) or apostilled (if residing in a Commonwealth country).

Documents Required for the Registered Office

• Scanned copy of Current Bank Account Statement, Phone or Mobile Invoice, Gas or Electricity Invoice

• Scanned copy of the Rental Agreement written in English

• Scanned copy of the No-objection Certificate (NOC) from the property owner

• Scanned copy of Property or Sale Deed printed in English (if the property is owned)

Note: The registered office space can be a commercial area or the director's residential address.