Bizigo

One Person Company Registration Packages

STANDARD

8499/- (All Inclusive)
  •  
  • Digital Signature Certificate of Director
  • Digital Signature of Certificate of Nominee
  • Director Identification Number
  • 1 Name Approval Application
  • Stamp duty on INR 1 Lakh Authorized Capital
  • Company Incorporation using SPICe+
  • Copy of e-MOA & e-AOA
  • e-PAN
  • e-TAN
  • 2 e-copies of Share Certificates
  • ESIC Registration through SPICe Plus
  • PF Registration through SPICe Plus
  • Bank Account opening (feature) through SPICe Plus

ENHANCED

10999/- (All Inclusive)
  •  
Popular
  • Everything in STANDARD +
  • GST Registration
  • INC-20A Filing

PREMIUM

17999/- (All Inclusive)
  •  
  • Everything in ENHANCED +
  • SSI/MSME Registration
  • Trademark (1 application 1 class) (start ups, proprietorship & small business)

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Expert Advisor 

One Person Company

If you are a sole proprietor in Hyderabad, OPC registration is a great way to start your business. OPC in Hyderabad offers limited liability protection, which ensures that your personal assets remain safe. OPC status allows you to operate like a separate legal entity and establish your credibility in the market.With a thriving business ecosystem, Hyderabad is an ideal place to launch your business. With OPC registration, you can establish your presence in the competitive business landscape of Hyderabad.Register your One Person Company in Hyderabad to unlock growth opportunities and prepare your business for success.Invest in your entrepreneurial dreams by registering your OPC company in Hyderabad. It is also considered as the most transparent form of business, as it complies with all statutory legislation. It has been refined over years to offer the best of practices and policies needed for businesses to help them grow and scale smoothly. We provide you quick and affordable service to register a pvt ltd company in telangana with out any hidden charges. Get Register your private limited Company today, we will handhold you throughout the process.”

Who can apply for Registration

Any individual who is a resident of India and meets the eligibility criteria can apply for registration as a One Person Company (OPC) . Here are the key requirements for OPC registration:

Single Share Holder

This single investor retains full ownership with a 100% shareholding stake within the company. It is imperative to note that the eligibility criteria for a shareholder in an OPC dictate that only individuals are allowed, strictly excluding any participation from corporate entities as shareholders.

A minimum of one Director who is a resident.

An One Person Company distinguishes the owner from managerial roles. Consequently, similar to other firms, control remains vested in directors. To establish, an OPC requires a resident Indian as a director. The director and member can be identical or distinct individuals.

A Maximum of 15 Directors

An OPC is limited to a solitary shareholder, yet it can appoint multiple directors. These individuals, designated by shareholders, oversee the OPC's management. Apart from the sole resident director, all other directors, whether Indian or foreign, resident or non-resident in India, are admissible. The total count of directors in an OPC is capped at 15.

Detailed Procedure

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Obtain Digital Signature Certificate (DSC)
First, you need to get a Digital Signature Certificate (DSC) for your proposed OPC director/member. A DSC is required for signing electronic documents during the OPC registration process. A DSC can be obtained from certified agencies or via the government’s online portal.
Apply for Director Identification Number (DIN)
Next, you need to apply for a Director identification number (DIN). A DIN is a unique identification number that is required for any individual who wishes to become a Director of a company. You can get a DIN by submitting your DIN application online at the MCA.
Name Reservation
You need to choose a unique OPC name and apply for a name reservation with the ROC in Hyderabad. Your name should be in accordance with the naming guidelines provided by MCA. Once your name is approved, you will have 20 days to reserve it.
Prepare the Memorandum of Association (MoA) and Articles of Association (AoA)
You need to draft the Memorandum of Agreement (MoA) and the Association Agreement (AoA) of your proposed OPC. The MoA and the AoA define the company’s objectives, activities, internal regulations, etc. These documents must be prepared and are signed by the proposed OPC member and a witness.
OPC Registration Application
Fill out the required OPC registration form (FORM INC-32), and submit it with the required documents to the Regional Office of the OPC (ROC). Form INC-32 should contain the details of the Director/Member, Nominee Director, Registered Office Address, and the Memorandum of Association (MoA) and Annual Audit (AOA) of the proposed Director/Member. The proposed Director/Member should digitally sign the form.
Pay the Registration Fees
Pay the required registration fees according to the OPC authorized share capital. Fees can be paid online via the MCA portal.
Verification and Approval
The Regional Organizational Council (ROC) will assess the application and documentation. If the ROC is satisfied with the application and documentation, it will issue a CoI with an OPC CIN.
PAN and TAN Application
Once the Certificate of Identity (CoI) is received, you will need to apply for the PAN (Permanent Account Number) and TAN (Tax Deduction & Collection Account Number) for the Overseas Professional Card (OPC). These numbers are needed for tax purposes.
Open a Bank Account
Open a bank account in the name of the OPC and deposit the minimum required share capital.
Post-Incorporation Compliance
Once you’ve been registered, you’ll need to meet the post-inclusion compliance requirements, including share certificates, proper bookkeeping, annual general meetings and annual financial reporting to the ROC.

Documents Checklist

Here is a checklist of documents required for One Person Company (OPC) registration in Hyderabad, Telangana:

Promoter & Directors Document

Documents of Registered Office

Merits of Registering OPC

Limited Liability Protection

This means that the sole member's liability is limited to the amount of their investment in your company. This means that your personal assets will remain separate from your business liabilities, providing you with financial security.

A Separate Legal Entity

An OPC is considered to be a separate legal entity, distinct from your owner. This allows you to enter into contracts and own assets, as well as conduct business in your own name. This provides credibility and enhances your company’s ability to engage in different business transactions.

Single ownership

A single owner is the owner of an OPC. This means that you don’t have to share profits or make decisions with others. You can make decisions quickly and efficiently.

Perpetual existence

OPCs enjoy perpetual existence, which means that the company will continue to exist even if the owner dies or becomes incapacitated. This ensures that your business will continue to operate without interruption.

Easier to manage and less compliance

OPCs have fewer compliance requirements than other business structures such as private limited companies.

Convenient Access to Credit

Financial institutions and banks show a preference for extending loans to entities that are formally registered and display good profitability.

Comparison Chart

Basis of comparison
Pvt. Ltd
Partnership
Proprietorship
LLP
OPC
Ownership
Separate legal entity.
Two or more members
Single individual
Minimum of two designated partners
Sole director
Liability
Limited liability
Unlimited liability
Unlimited liability
Limited liability
Limited liability
Compliance and regulations
Requires compliance with the Companies Act
Fewer compliance requirements
Minimal compliance requirements
Requires compliance with the LLP Act
Fewer compliance requirements
Decision making and control
Decision making is structured
All partners have an equal say in decision making
The proprietor has decision-making authority
The LLP agreement determines decision-making powers.
The sole shareholder has complete control over decision making.
Continuity of the firm
Continuity is not affected
Dissolves upon the death or retirement of any partner
Continuity is a challenge.
Continuity is not affected by changes in partners.
Conversion to a private limited company is required
Taxation
Corporate tax is applicable
Partnerships are not taxed separately
The proprietor is personally taxed
LLP is taxed as a separate entity,
OPC is taxed as a separate entity
Funding and Investment
Easier to raise funds
Partners contribute capital to the partnership.
Funding is primarily limited
Partners contribute capital to the LLP.
Funding is limited to the capital
Conversion and expansion
Can easily be converted
Conversion is complicative
Conversion may require compliance
Can easily be converted
Can be converted on certain criteria

FAQ's

Setting up an OPC involves several steps such as obtaining digital signatures, applying for Director Identification Number (DIN), name reservation, preparing legal documents, and submitting the registration application. A consulting company specializing in OPC registration can provide expert guidance throughout the process, ensuring compliance with legal requirements, assisting with document preparation, and expediting the registration process, ultimately saving time and effort for the client.
No, only Indian residents can form an OPC. Foreign residents can invest in other types of business entities in India.
There is no minimum capital requirement for OPC registration. It can be registered with any amount of authorized capital.
No, an OPC can have only one director. However, a nominee director can be appointed to act in case of the member’s incapacitation or death.
No, an OPC can have only one director. However, a nominee director can be appointed to act in case of the member’s incapacitation or death.
OPCs have fewer compliance requirements compared to private limited companies. They need to file annual returns and audited financial statements with the Registrar of Companies (ROC).
Yes, if the OPC exceeds the threshold limits of paid-up capital or average annual turnover, it must be converted into a private limited company.
No, an OPC can only be converted into a private limited company. Conversion into other business structures is not allowed.
Yes, an OPC can engage in multiple business activities as long as they are mentioned in the Memorandum of Association (MoA).
Yes, OPCs are eligible for various tax benefits and incentives provided to small businesses, subject to meeting the specified criteria.