• info@wellmark.com
  • Pay Online

ONE PERSON COMPANY

Easily register your Private Limited company with highly expert team of RajStartup.. 

₹ 11,499/-
₹ 10,499/-  (All Inclusive)

About One Person Company

There are many online companies that can register your company online as well as offline but Rajstatup is a trustworthy company that commits the clients to all the processes legally and can get your company certified in a limited time. Rajstartup updates the data in real-time and track your order of certification and also can keep you update.

Benefits of One Person Company:

The One Person Company is a company in which there can a single member optimizing and working on his company. All shares of the company are under a single person and other benefits and advantages are listed below:-

Able to own property

The One Person Company can own properties such as building, godowns, etc and it is considered as a legal entity.

Ownership is easily transferred

In the One Person Company, the ownership of the person can be easily transferred to the other person based on the holding of the shares of the individual.

Less number of Liabilities

The liabilities given by the One Person Company are limited or less to the invested amount.

No Sole Proprietorship

The One Person Company is better than a Sole Proprietorship where the company ceased on the death of the proprietor. In the case of One Person Company, the entity can continue to exist if the nominee director takes over on the company.

PROCESS OF One Person Company REGISTRATION

Free Consultation
E-Mail Documents
Make Payment Online
Get Your Certificate

DOCUMENT REQUIRED for One Person Company

Identity Proof Aadhar Card Driving License Elect
Address Proof of Business Electricity Bill Rent A
PAN Card
Passport size Photograph

FEW OTHER OPC FACTS

01
Reasons to Register a OPC ?
One Person Company is the only type of corporate entity that can be started and operated by a single promoter with limited liability protection in India. A corporate form of legal entity in One Person Company ensures that the business has perpetual existence and easy ownership transferability..
02
Uninterrupted Existence ?
A company has 'perpetual succession', meaning uninterrupted existence until it is legally dissolved. A company being a separate legal person, is unaffected by the death or other departure of any member and continues to be in existence irrespective of the changes in ownership..
03
Easy Transferability ?
Ownership of a business can be easily transferred in a company by transferring shares. The signing, filing and transfer of share transfer form and share certificates are sufficient to transfer ownership of a company. In a one person company, the ownership can be transferred by altering the shareholding, directorship and nominee director information..
04
Borrowing Capacity ?
Banks and Financial Institutions prefer to provide funding to a company rather than partnership firms or proprietary concerns. However, a one person company cannot issue different types of equity security, as it can only be owned by one person at all times..
05
Owning Property ?
A company being an artificial person, can acquire, own, enjoy and alienate, property in its name. The property owned by a company could be machinery, building, intangible assets, land, residential property, factory, etc., Further; the nominee director cannot claim any ownership of the company while serving as a nominee director..
06
Incorporation of the Company valid for ?
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years..

FAQ

What is meant by One Person Company?
The One Person Company is a company created by a single individual under the act 2013 and the only one person has the shareholding of the company.
The procedure of registering a One Person Company is given above on the page or you can call us on our helpline number to consult with us for your queries or you can also consult us online
The time period required to convert the One Person Company to Private Limited Company can be a minimum of 2 years from the incorporation date.
No, there is no compulsion for a One Person Company to hod the Annual General Meeting.
Yes, It is right. The One Person Company is not allowed for Foreign Direct investment.
No, The One Person Company cannot be considered as a Private company as it has a separate existence and owned by a single individual.
A Minor, Non-Indian Citizen, Foreign Citizen cannot form a One Person Company in India.

The clients can consult us online on our mail info@wellmark.com as well as call on our helpline number 1800 3070 2070.

The One Person Company can be continued after the death of the proprietor but the sole proprietorship cannot be continued after the death of the proprietor.

The benefits of the One Person Company are listed below:-

  • Able to own a property like a building or a godown.
  • Ownership is easily transferred to the other shareholder.
  • Gives less number of Liabilities.
  • No Sole Proprietorship.
Scroll to Top