One Person Company (OPC) Registration @ Rs 7999/-*

Startups in India can gain a competitive advantage over non-registered competitors by registering their company. Although the registration process may seem complicated and involve various compliance requirements, MYFINTAX is here to provide comprehensive assistance at every step. Our team of professionals specializes in One Person company registration and can guide you through the process smoothly.

Here are the steps involved in registering a One Person Company (OPC) in India:

Step 1: Obtain Digital Signature Certificate (DSC)

Before starting the registration process, the sole owner must obtain a Digital Signature Certificate (DSC). This is required for filing online forms and documents. The DSC can be obtained from government-approved certifying agencies.

Step 2: Director Identification Number (DIN) Application

The sole owner needs to apply for a Director Identification Number (DIN) by filing Form DIR-3. This unique identification number is mandatory for all directors of the company. Attach the necessary documents, such as identity proof and address proof, to the application.

Step 3: Name Reservation 

Submit Form SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) with the Registrar of Companies (ROC) to reserve a suitable name for the OPC. The name should be unique and adhere to the naming guidelines specified by the Ministry of Corporate Affairs (MCA).

Step 4: Drafting the Memorandum of Association (MOA) and Articles of Association (AOA)

Prepare the MOA and AOA, which outline the company's objectives and rules for its operations. These documents need to be drafted carefully, ensuring compliance with the Companies Act and other applicable laws.

Step 5: Incorporation Application

File the incorporation application using Form SPICe+ along with the required documents, including the MOA and AOA, identity proof, address proof, and address of the registered office. The application must be digitally signed by the sole owner or an authorized signatory.

Step 6: PAN and TAN Application

Apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the OPC. These are essential for tax-related transactions and compliance.

Step 7: Certificate of Incorporation Upon successful verification and approval of the documents, the ROC will issue a Certificate of Incorporation (COI). This signifies the official registration of the OPC, along with its unique Corporate Identification Number (CIN).

Step 8: Compliance Requirements After incorporation, ensure compliance with ongoing requirements such as maintaining proper books of accounts, conducting annual general meetings, filing annual financial statements, and complying with tax and regulatory obligations.