53%

Original price was: ₹12,999.00.Current price is: ₹5,999.00.

Deliverables *

a) Detailed discussion with the Lawyer to understand your JV related transaction.

b) Experienced business law expert Lawyer will draft the JV agreement.

c) Final discussion call to add suggestion you may have.

  • Choose your required Document & pay

Category:

Documents Required to form a Private Limited Company

PAN Card/ Passport
PAN Card of the director (Indian Nationals) Passport of the director (Foreign Nationals)
Identity Proof
Aadhar Card/ Driving License/ Voter ID/ Passport/
Passport Size Photos
Passport size photos of the directors
Director’s Address Proof
Electricity Bill/ Telephone Bill/ Bank Statement (previous two months)
Business Address Proof- Owned
Electricity Bill and Rent Agreement for the Rented Property Electricity Bill and NOC for the Family Owned Property
Business Address Proof- Not Owned
Electricity Bill and Rent Agreement for the Rented Property Electricity Bill and NOC for the Family Owned Property

Advantages of One Person Company

Separate Legal Entity
Separate legal existence from the director
Perpetual Existence
Existence until winded up by the Director
Limited Liability
Liability is limited to the extents of its shares
Less Compliances
Less compliances as compared to Private Limited Company

Register One Person Company In India

LegalAspire.com is a legal services platform that provides a comprehensive suite of services related to business formation, including the formation of a One Person Company (OPC) in India. Here’s how Legal Aspire can help you:

Consultation: You can schedule a consultation with a business formation expert who can answer your questions about the process and requirements for forming an OPC in India.

Documentation Preparation: LegalAspire.com can help you prepare the necessary documents, such as the Memorandum of Association and Articles of Association, that are required to register an OPC in India.

Company Name Approval: LegalAspire.com can assist you in choosing and obtaining approval for a company name that meets the requirements set by the Registrar of Companies.

Registrar of Companies Filing: LegalAspire.com can help you file the necessary paperwork with the Registrar of Companies to register your OPC.

Obtaining PAN and TAN: LegalAspire.com can assist you in obtaining a Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) for your company.

Obtaining DIN and DSC: LegalAspire.com can help you obtain a Director Identification Number (DIN) and Digital Signature Certificate (DSC) for the director of your company.

Obtaining EPFO and ESIC Registration: LegalAspire.com can assist you in EPFO and ESIC registration for your company. 


In summary, LegalAspire.com provides a comprehensive and streamlined solution for entrepreneurs looking to form an OPC in India. With their expertise and experience, LegalAspire.com can help you navigate the complexities of the process and ensure that your company is formed smoothly and efficiently.

What is a One Person Company?

As the name suggests, a One Person Company is a company established by having one director. Section 2(62) of the Companies Act, 2013 states that a One Person Company means a company which has only one person as a member. Hence, the director owns the 100 % stake in the said company. A nominee is appointed in order to take care of the perpetual existence of the company and this nominee works in place of the director in case of the death or inability of the latter.

Requirements for One Person Company in India

The following requirements to be kept in mind while registering One Person Company:

  1. One Director: An OPC can only be run by one member and he shall be the director. The said director must be an Indian National and a natural person. 
  2. Nominee Director: The Director must appoint a nominee director who will act in case of the death or inability of the original director. 
  3. Company Name: The name should be original and distinct from any other company or trademark. Private Limited must be included in the name of a One Person Company (OPC).
  4. Minimum Capital: No minimum share capital is required to start an OPC. However, a minimum of Rs. 1,00,000 (Rupees One Lakh) must be the authorized capital. 
  5. Registered Office Address: An OPC must have a registered office address in India. 

Legal Aspire will provide you consultation and assist you in completing the registration of your OPC online. 

Schedule a free consultation with expert and skilled professionals of Legal Aspire by connecting with our team at (+91) 8742880000 or support@legalaspire.com. 

PROCEDURE FOR ONE PERSON COMPANY INCORPORATION

Few Steps to Incorporate One Person Company online in India with LegalAspire.  

To start with the process, you would need to provide some basic information. After all of the required information has been provided and payment has been received, our expert will begin working on your request.

Step 1:  Select One Person Company Registration plan and pay, or Schedule a call with one of our Professionals by clicking on the Talk to Advisor button. 

Step 2: Professional from Legal Aspire will connect with you within 24 hours.

Step 3: Provide the required information and documents. 

Step 4: Our expert and skilled professional will inspect your documents and check your eligibility.

Step 5: After the inspection of documents, our professionals will: 

  1. Request a DSC and DIN for the director. 
  1. Apply for name approval. 
  1. Do the final submission of the documents to the MCA. 

Step 6: The COI along with PAN and TAN will be passed down to the Applicant once the incorporation is done. 

Get your One Person Company Incorporation done in a few clicks! 

Frequently Asked Question

Why do we need a nominee in case of a One Person Company (OPC)?
A nominee is required in case of an One Person Company (OPC) to ensure succession and continuity in the event of the death or incapacity of the sole member and director.
Is it mandatory to have a minimum paid-up capital for a One Person Company in India?
There is no minimum paid-up capital requirement for a One Person Company in India. However, the company must have a minimum authorized capital of Rs. 1 lakh.
Can a One Person Company in India have more than one director?
No, a One Person Company in India must have only one director, who is also the sole shareholder of the company.
Is it mandatory for a One Person Company (OPC) to register for GST?
Yes, it is mandatory for a One Person Company (OPC) in India to register for and pay Goods and Services Tax (GST) if its annual turnover exceeds the GST registration threshold and other criteria set by the Indian government.
Is it mandatory to have an auditor for a One Person Company in India?
Yes, it is mandatory for a One Person Company in India to appoint a qualified chartered accountant as its auditor. The auditor must be appointed annually at the company's annual general meeting.
What is the difference between sole proprietorship and a One Person Company?
The distinction between a One Person Company (OPC) and Sole Proprietorship is that an OPC provides limited liability protection to its sole member, while a Sole Proprietorship does not, and a Sole Proprietorship is owned and run by one person, while an OPC is a separate legal entity from its owner.

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A JV is a very lucrative arrangement as it offers an enormous amount of benefits by which the parties to the JV could gain. The JV could be a beneficial arrangement in the following ways:

  • Leveraging of strength & resources available with both the parties;
  • Creating a platform to attain the business goals which are otherwise difficult or uneconomical to achieve independently;
  • Access to newer markets or segments;
  • Strengthen position in the existing markets;
  • Diversify into new businesses;
  • Gives competitive advantages;
  • Shares the risk or initial losses associated with a new business;
  • Allows the business to expand with a smaller amount of capital.

A JV can be structed in the following ways:-

1. Company

2. Partnership Firm

3. LLP

4. Strategic Alliance

No. This is not mandatory.

 

The parties to the J.V can contribute in the form of monetary capital, Plant & Machinery, technology, customers, know-how and experience, etc.


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