How to Register a One Person Company in India 

Starting a One Person Company (OPC) in India is an exciting venture, but the registration process can be challenging. However, it’s not as complicated as it appears! With the right guidance and understanding, registering your OPC can be simpler than you think. In this comprehensive guide, we’ll take you through the step-by-step process of OPC registration in India, ensuring a smooth and hassle-free experience.

Steps for One Person Company Registration in India

Step 1: Decide a Unique Name for your company

Choosing a unique name for your OPC (One Person Company) is really important for your brand. You can also read the following naming guidelines for more information.

  1. Names which resemble too closely the name of an existing company – Rule-8;
  2. Undesirable names – Rule 8A;
  3. Word or expressions which can be used only after obtaining previous approval of the Central Government.- Rule 8B;

Please note that your proposed name should not fall under the above categories. This step is important because it helps ensure your name is available for registration. Once you’ve picked your company name, you can apply for name approval through the SPICe+ Part-A RUN (Reserve Unique Name) service on the MCA portal.

Please be aware that an One Person Company (OPC) must include the term “OPC” in its name.

Legal Terminus offers comprehensive name search services to help you find the perfect name for your company.

Step 2: Obtain a Digital Signature Certificate (DSC)

To obtain a DSC, individuals involved in the company registration process need to apply through authorized agencies or certification authorities. According to the new guidelines from MCA, for OPCs, the Digital Signature Certificate (DSC) of both the proposed director and the nominee is required to sign the incorporation e-forms. Once obtained, the DSC should be required to be registered as a business user of the MCA portal and can be used to digitally sign various documents, including the application for filing incorporation documents with the Ministry of Corporate Affairs.

Step 3: Apply for Company Name Approval

After choosing your company name, you can seek approval through the SPICe+ Part-A RUN (Reserve Unique Name) service on the MCA portal. It’s essential to check that your selected name is suitable and not already in use by another entity. This step is crucial to ensuring that your chosen name is available for registration.

Step 4: Get ready the documents for incorporation

Once the name is approved, it’s time to get the paperwork ready for incorporation. This paperwork includes the Memorandum of Association (MOA) and Articles of Association (AOA). These documents lay out your company’s goals, how much money it has, and its internal rules. You’ll also need to gather other documents, like a registered office address, ID proof, address proof, and photos of the directors, shareholders and Nominee. You may also read the list of documents required for OPC registration for better understanding.

Step 5: File Incorporation e-forms

Complete the incorporation process by filing the application with the necessary documents, Form SPICe Part-B (Simplified Proforma for Incorporating Company Electronically), including the SPICe-MoA, SPICe-AoA, SPICe-INC-9, and AGILE-PRO-S, along with the requisite fees. Submit the documents electronically through the MCA portal for verification and approval.

Step 6: Obtain Certificate of Incorporation

Once the incorporation documents are successfully approved by the CSR, you will receive the Certificate of Incorporation. This document proves that your company exists legally. Additionally, you will also receive GST, EPFO, ESIC, a bank account, and a shop and establishment licence (which may vary depending on the state) from the MCA by filing AGILE-PRO-S. Please note that you will receive an e-PAN and an e-TAN on your registered email ID.

Conclusion:

By following these easy steps, you can effectively register your OPC (One Person Company) in India and begin your entrepreneurial journey with assurance. Don’t forget to seek professional assistance if required and adhere to all legal obligations to ensure a smooth registration process. With dedication and persistence, you can transform your business concept into a tangible entity and contribute to India’s thriving entrepreneurial landscape.

Would you like to register a company? Hurry up! Legal Terminus can provide valuable assistance in smoothly and efficiently handling the registration process. Our experts ensure a hassle-free and timely transition, helping you fulfill your legal and regulatory obligations effectively. Reach out to us now to take advantage of our expert services and free consultation.

Disclaimer:

This document is intended for informational purposes and provides a general overview of the step-by-step procedures for company registration in India as per the Companies Act, 2013. It should not be construed as legal advice. Entities and individuals must consult legal experts to ensure compliance with the specific legal requirements and interpretations of the Act.

Prepared by
Mr. Smruti Ranjan Sahoo
(B. Com., LL.B)

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