Office Address

  • 121 King Street, Australia
  • example@gmail.com
  • (00) 2500-123-4567

Pintarest

  • First image For Earendil
  • Second Image For Earendil
  • Third Image For Earendil
  • Fourth Image For Earendil
  • Fifth Image For Earendil
  • Sixth Image For Earendil

Social List

Earendil | One Person Company Registration

One person company

Be in charge of your destiny, start a business. An OPC is formed with only one individual as a member and director, unlike other Private Limited Companies which require a minimum of two members and directors. OPC provides the likes of small traders, artisans and professionals a means to set up a structure with limited liability and minimal compliance requirements. It is a separate legal entity having perpetual succession registered under The Companies Act, 2013.

Register Here!

Commencement of Business Certificate

  • The company starts to function with the opening of a bank account.
  • The paid-up capital is deposited on the opening of the current account
  • After depositing the capital, the company should file with MCA for the commencement of business certificate
  • A business commencement certificate must be obtained within 180 days of company registration to avoid penalties.

Why Register with Earendil

  • Our Chartered Accountant will be guiding you through the process. He/she will be your single point of contact for registration assistance and for all other services that we offer.
  • Our motto is “You only do what you do best; to us, leave the rest”. We assure that once we start our relationship, you wouldn’t have to think about the areas which we handle.
  • We want you not just to Start your Business, but also Run Your Business. With us, your first month of compliances such as TDS, GST and processes such as payroll and accounting are free to ease you into your business.
  • We will also assist you with setting up and documenting Standard Operating Procedures (SOPs) for your business.

OPC Requirements

  • Only one person can be the shareholder director and control the business
  • The promoter should be an Indian Citizen and resident in India to register for OPC.
  • Need to nominate a person during registration as nominee for transfer of business.
  • An individual cannot register more than one OPC.

Benefits

  • OPC is a separate legal entity and can function on its own.
  • Another member nomination helps to take over the ownership when the promoter is deceased.
  • The annual general meeting is not mandatory unlike other forms of companies.



Nomination Rules

  • The company incorporation requires the nomination of another individual as per MOA.
  • The nominee will take over the company in case of death of original shareholder director.
  • Along with MOA and AOA, a consent document from the nominee during the registration of OPC is required.


Withdrawal of Consent

  • The nominee can withdraw his/her consent any time from the registration.
  • The sole Director needs to register another nominee within 15 days of the withdrawal.
  • Form INC-3 should be produced as the consent of the nominee to intimate the company.
  • The company has to register Form INC-4 to declare the new nominee.

Change of Nominee

  • The promoter of a OPC can change the nominee anytime and for any reason.
  • The new nominee files INC-3 as consent for nomination.
  • The liability of the enterprise is solely of the sole proprietor
  • In case the promoter is deceased, the nominee must appoint a new member as the nominee.

Documents for Registration

  • PAN Card of Director/Shareholder and Nominee
  • Driver’s license or Aadhar card or Voters ID of Director/Shareholder and Nominee
  • NOC from the landlord(Name mentioned in the Electricity Bill or Gas Bill or Water Bill or Property Tax Receipt or Sale Deed) for Registered Office Address

OPC Registration

The One Person Company registration process flow provided above is for your reference. With our services, you need not worry about it. Just submit the required documents and we will take care of the rest.

Earendil Chartered Accountant

Your Earendil Chartered Accountant will guide you through the process and will be your single point of contact for registration assistance and for all other services that we offer.

Digital Signatures and DIN

Obtaining digital signature andDirector Identification Number(DIN) for the Director/Shareholder is the foremost step of the incorporation process. Digital Signature for one director is free with our services.

Name Approval

Application is submitted to MCA for OPC name reservation. The name should always end with OPC behind it.

Incorporation Certificate Process

Post name approval, MoA and AoA are submitted to MCA. Also proof of identity, address, and Registered Office Address are to be submitted along with other documents like consent of the nominee should be submitted.

Statutory Registrations

We will take out PAN, TAN, GST and other registrations as required post-incorporation.