One Person Company (OPC)

Begin with Legal Registration of your Company

One Person Company (OPC)

Every Start-Up deserves seamless, trusted & hassle-free Legal Services along with StartUp mentorship, in a very cost-effective manner.

Get your OPC registered in 10 Days!

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How It Work?

Get Company Compliances Done

Private Limited Company Compliances with us.

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We have served more than 2670 legal services all over Haryana & Delhi within 6 months of launch.

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Why Start-Up Kro?

The private limited company registration process is entirely online, so you don’t even have to leave your home to get your entity registered. At Start-Up Kro, we complete the company incorporation process within 14 days and provide you with a complete Start-Up Kit.

‘StartUp Kro’ Start-Up Kit of company registration package includes:

  • DIN and DSC for two Directors
  • Drafting of MoA & AoA
  • Registration fees and stamp duty
  • GST Registration
  • Company incorporation certificate
  • Company PAN and TAN
  • Zero current balance account – Powered by DBS bank / ICICI Bank / HDFC Bank
  • Domain + 1 yr Hosting + 10 e-mails
  • Share Certificates & Business Commencement
  • Part-Payment & Monthly EMI

With this, you will be well on your way to forming your own Pvt ltd company. You should consult with the experts and make the finest decision for smoother growth.

 

Documents Required 

  1. Documents from Director / Shareholder /Nominee:
    1. Identity Proof:
      1. Permanent Account Number (PAN) Card
      2. Aadhaar Card / Passport / Driving License / Voter Identity Card
    2. Address Proof:
      1. Telephone Bill / Mobile Bill
      2. Electricity Bill / Water Bill
  • Bank Statement /Bank Passbook with the latest transactions (Any one of the Documents not older than 2 months)
  1. Passport size Photographs – 3 each
    1. Telephone Bill / Mobile Bill/Electricity Bill / Bank Account Statement must be in the name of the applicant and should not be older than 2 months
    2. If the documents are not in English, they should be translated into English
  2. Documents to be Signed by all DIRECTOR(s):
    1. Consent to Act as Director: Form DIR-2
    2. Details for DIN
    3. Declaration of DIN (If DIN is allotted already)
  3. Documents to be Signed by Shareholder:
    1. Application for Digital Signature Certificate (DSC)
    2. Affidavit by Subscribers & Director: INC-9
  4. Documents to be Signed by Nominee Shareholder:
    1. Details of Nominee Shareholder
    2. Consent by the Nomination of Shareholder – Form INC-3
  5. Documents from Company / LLP / Trademark Owner, if any:
    1. Board Resolution / Formal authorisation for the use of Name / Trademark
    2. Authorisation for the execution of Documents from Company / LLP

 

Benefits of a One-Person Company 

Even though OPC only has one person managing all of the day-to-day operations, it offers alternatives for ongoing succession. The nominee can lead the business if a member of it passes away.

  1. Small Liability
    In a one-person company, the member is only partially liable. OPC is considered as a separate legal entity because it is a registered company, giving its members greater protection. Members are not responsible for any losses incurred by the company because their responsibility is restricted to the value of their shares. In the event of bankruptcy, the company itself, rather than the company’s director, may be sued by creditors for accumulating the company’s debt.
  2. Sole shareholder and directorship
    In an OPC, a single member serves as the company’s director and is responsible for overseeing daily operations. An executive director is not necessary in this situation to manage the daily requirements. One member is more than enough and fulfils the obligations of a shareholder.
  3. Ownership of Property
    The OPC is permitted to hold assets and business-related property in a person’s name because it is regarded as a separate legal entity. The assets, such as the machinery industries, homes, buildings, and other assets, cannot be claimed by another individual. The OPC is authorised by law to directly purchase property.

 

Limitations for One-Person Businesses

Even though starting a one-person company has many benefits, there are also some limitations.

  1. Insufficient for Scalability
    The best alternative for a small business structure is to register your company as an OPC. However, this could not work if you intend to expand it up to higher levels. There is always just one person in an OPC at any given moment. You cannot register your business as an OPC if you want to increase both the number of shareholders and the number of members. OPC is therefore unlikely to raise further money. This will prevent firms from expanding and growing.
  2. Greater Limitations on Commercial Activities
    OPC is prohibited from engaging in non-banking financial investment operations by the norms and regulations. It is not possible to invest in the security of other corporations by registering as an OPC.
  3. There is a blurry line separating ownership and management
    Since the one-person corporation only has one employee, it is impossible to distinguish between the positions of management and director. All choices may only be made and approved by one person. Therefore, the likelihood of unethical behaviour is higher.

 

Listen Our Clients

Our Testimonials

Monalisa MaharanaMonalisa Maharana
12:25 13 Jan 24
Engaging with the StartUpKro team for Private Limited Company Registration was a positive experience overall. Their professionalism and expertise in the registration process were evident, making the entire journey efficient and manageable. One notable highlight was the CodifyPlus Dashboard, a user-friendly tool that allowed me to easily track the progress of my services. The transparency and convenience it provided were certainly appreciated.
Kunal SainiKunal Saini
08:07 13 Jan 24
Choosing STARTUPKRO for trademark registration was a wise decision. Their team's expertise in intellectual property matters is evident, and they handled my trademark application with precision. What stood out to me was their commitment to timeliness – they ensured that my registration process moved swiftly without compromising on the quality of service. I appreciate the personalized attention and the way they navigated the complexities of trademark law on my behalf. I'm confident in recommending STARTUPKRO for anyone in need of trademark registration services.
Prerna DasPrerna Das
07:58 13 Jan 24
STARTUPKRO provided me with invaluable guidance during the trademark registration process. Their team not only assisted in the paperwork but also offered strategic advice to enhance the strength of my brand protection. The proactive approach, coupled with a thorough understanding of intellectual property nuances, made me feel confident in their services. If you're looking for a partner who goes beyond the basics and truly cares about your brand's legal standing, I highly recommend STARTUPKRO for trademark registration services.
SaritaSarita
07:48 13 Jan 24
I recently engaged STARTUPKRO for trademark registration services, and I couldn't be happier with the experience. Their team guided me through the entire process with utmost professionalism and efficiency. They demonstrated a deep understanding of intellectual property laws, ensuring that my brand is now securely protected. The clear communication and attention to detail made the entire trademark registration process smooth and stress-free. I highly recommend STARTUPKRO for anyone seeking reliable and expert trademark services.
Rahul Chhonkar13Rahul Chhonkar13
07:44 13 Jan 24
I appreciate their commitment to delivering tailored solutions and their prompt responsiveness to any queries. If you're looking for a reliable partner to enhance your business growth, I highly recommend STARTUPKRO.
anshu bhutanianshu bhutani
07:40 13 Jan 24
I recently engaged with the StartUpKro team for Private Limited Company Registration, and the experience surpassed my expectations. From the initial consultation to the final documentation, StartUpKro displayed a remarkable level of professionalism and expertise. The team's deep understanding of company registration requirements and compliance procedures ensured a smooth and efficient process. They were not just service providers but strategic partners, offering valuable insights to help structure my company optimally. The StartUpKro team's commitment to detail, timeliness, and client satisfaction makes them my top choice for any future business registration needs. Highly recommended!
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