A Complete Guide to One Person Company.

Why register One Person Company? We’ll Tell You!

• It is a company which has only one share holder.

• It can operate with a minimum of one director.

• OPC concept allows sole proprietors to carry out business under the company structure.

• OPC shall be treated as a private company for all legal purposes.

• The Sole Shareholder can name a Nominee to ensure succession of business.

• Very relaxed compliance requirements.

• Reporting requirements with the Registrar of Companies is also less.

• Registration formalities are simple.


What all are the pre requisites for registering your OPC?

• You should be an Indian Citizen resident in India.

• You should possess a Valid Director Identification Number.

• One person will not be allowed to form more than one OPC.

• Minimum Capital requirements is one Lakh rupees.

• You should propose a person as your nominee.

• Prior consent of nominee in written should be obtained.


What all are the documents needed for registering OPC?

• Two Passport Size photograph.

• PAN Card.

• Proof of Identity (Passport/AadharCard/Driving Licence/Voters ID).

• Proof of Residence (Bank Statement/Electricity Bill/Telephone Bill/Mobile Bill).

• Memorandum of Association.

• Articles of Association.

• Declaration that all the requirements of this Act have been complied with.

• Affidavits from promoters and proposed Directors.

• Proof of Registered Office (Electricity Bill/Property Tax Bill/Telephone Bill/Bank Statement).


Services

Services

We make our clients happy!


Incorporation services

Directus offers Simple, reliable and fast One Person Company Incorporation at affordable Cost. You can get your company incorporated in 5 days through Directus with minimal Documentation and paper work. The process is completely online.

Change Services

The Change in Directors of OPC, OPC Name change, Authorized capital changes, registered office Changes, Change in Memorandum and Article of Association, Changes with respect to Nominee etc can be managed by Directus expediently.

Foreign Investment Management

You can bring in foreign Investments for your One Person Company. The rules and regulations applicable to Private Limited Company are applicable to OPC as well. Directus can help you to comply with RBI and FEMA regulations in this regard.

Accounts and Payroll Management

One Person Company should file every year a copy of the financial statements (Balance Sheet and Profit and Loss accounts) duly adopted by its member, along with all the documents which are required to be attached to such financial statements, within 180 days from the closure of the financial year. You could outsource the accounts/financial administration of OPC to Directus, where you can focus one business, while Directus taking care of your accounts and payroll responsibility.

Conversion of OPC to Private Company

It is possible to convert One Person Company to a Private Company by filing e-form INC 6. The process Is simple and viable. Directus have a fast and reliable conversion mechanism, which enables such conversion within 12 working days. The OPC needs mandatorily be converted to a private limited if paid up share capital of OPC exceeds 50 lakh rupees or Average annual turnover exceeds 2 crore rupees or the if the balance sheet total exceeds 1 crore rupees.

Meeting and Minutes Management

In many matters compliance of legal provisions can be said to have been done if the resolutions are entered in the minute’s book of the one person company; In addition, one meeting of the Board of Directors has to be conducted in each half of a calendar year and the gap between the two meetings should not be not less than ninety days. Directus can help you to manage the Board meetings and Minutes by intimating you in advance and ensuring the compliances of same.

Disclaimer: The legal provisions pertaining to OPC are yet to be formally implemented in India. The contents in the website are only for reference and the provisions regarding OPC will be implemented only after relevant rules/sections are notified by the government.

Incorporation Process

img

Step 1

Getting Director Identification Number (DIN) for you and generating the Digital Signatures.

img

Step 2

Availing Name for your One Person Company by filing e-Form INC 1.

img

Step 3

Filing of Nominee details, Consent of Nominee in e-fORM INC 3.

img

Step 4

Filing Application for incorporation in e-Form INC 2 along with memorandum and articles of association..

About Us

About Us

What we do?

Directus Consultants Private Limited was founded in 2010 and from then we lead the way of innovation in Corporate Law, Accounting, Taxation, Labour and Legal Services. The team Directus is lead by seasoned players in Industry, with more than 20 years of experience in Corporate Law, Finance and Taxation. The firm also has a strapping presence of young and energetic professionals and this blend of experience and vivacity is, we believe, is the driving force behind the success of Directus and its associates. Directus provides transparent, fast, reliable business incorporation services with unparallel quality and precision. We value the requirements of a new entrepreneur and we reassure the solutions they have need of. The cloud infrastructure called cloud secretary, which we provide to our clients as the interface between them and us is the first of its kind in India. That infrastructure will enable our patrons to be connected with us, throughout the day through any communication device. Headquartered at Kochi, Kerala, the Company has presence at Trivandrum, Calicut, Bangaluru, Puduchery , and Trichur.

img img img

Get in touch

info@directus.co.in

Please get in touch with us for additional information about Directus and our services. We're located in Bangalore, Chennai, Eranakulam, Trivandrum, Calicut and Thrissur. You can also call Us at +91 989 563 07 86 | +91 484 4046696.

OUR CORPORATE OFFICE

Swastika, 53/3933, Lal Salam Road, Off Convent Road, Ponnurunni, Vyttilla P.O, Cochin – 682 019.

OUR TRIVANDRUM OFFICE

‘Saparya’ Sankar Road Sasthamangalam, Trivandrum Kerala—695 010 Ph: + 91 471 4061654 Email: tvm@directus.co.in

OUR BANGALORE OFFICE

“Chaithanya”, House No.#18, 1st main 7th Cross , Maruthi Nagar Madiwala, Bangalore Karnataka – 560068 Ph : 9742307021 Land Line: 080 4146 1525 Email : bglr@directus.co.in.

OUR CHENNAI OFFICE

First Floor,New No.7, Devi Krupa, 4th Cross Street, Trustpuram, Kodambakkam, Chennai - 600024. Ph: 9962077727 Email:- chennai@directus.co.in.

OUR CALICUT OFFICE

'Souparnika' 1st Floor, Baten Complex, Nadakkavu Calicut - 673011 Ph: 0495 2366257 Email: xbrl@directus.co.in .

OUR THRICHUR OFFICE

'Tapasya', Easwar Nivas, Kunnath Lane, Thiruvambady, Trichur Ph:- 98956 80786 Email: tsr@directus.co.in.

Take me there!