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Turn your business idea into reality

Start your One Person Company In Bhubaneswar

*In Just 13,999/- (all inclusive)

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Prices are higher in Madhya Pradesh, Kerala,Sikkim and Punjab.

One Person Company Bhubaneswar

No Spam. No Sharing. 100% Confidentiality

PACKAGES

    • Startup

    • 13999 /- All inclusive

      • Company Incorporation

    • Growth

    • 18999 /- All inclusive

      • Company Incorporation

        +

        Trademark Registration

        +

        Annual Filling(for one Year)

    • Advanced

    • 25999 /- All inclusive

      • Company Incorporation

        +

        Trademark Registration

        +

        Annual Filling(for one Year)

        +

        Assistance in Opening Bank Account

        +

        Sales Tax Filling

One Person Company Registration in Bhubaneswar

One Person Company is a business entity in which there is only one owner with limited liabilities who can act both as a shareholder as well as the director. The concept of OPC is basically to eradicate the limitation of a sole proprietorship, which is the most popular form for small businesses in Bhubaneswar. The liability of owner is limited to the invested capital in this form.

If you independently want to commence your business without involving any other person, then One Person Company (OPC) is the ideal choice for you.

When OPC concept was not introduced in Bhubaneswar, people used to choose Proprietorship as their form of business. Proprietorship has many disadvantages like

  • One cannot take investments
  • No legal existence
  • Unlimited liabilities

Moreover, many other as well. Further proprietorship as a kind of business is not considered trustworthy in Bhubaneswar anymore. One Person Company (OPC) is a solution for all the above problems. 

One Person Company has following features and restrictions:

  • It allows a significant degree of separation between operations and ownership.
  • Less compliance is needed as compared to a private limited company.
  • It is useful for small entrepreneur to directly access target market.
  • Banking and financial institutions prefer to lend money to the company instead of proprietary firms.
  • It makes decision-making process much faster because of single ownership.
  • the owner can anytime convert OPC to a private limited company with ease.

PROCESS

DIN & DSC

DIN & DSC

1 to 2 Days

Submission of Spice Form INC-32 along with link  Form Spice MOA (INC-33) and Spice AOA (INC-34)

Submission of Spice Form INC-32 along with link Form Spice MOA (INC-33) and Spice AOA (INC-34)

4 to 5 Days

Certificate Of Incorporation

Certificate Of Incorporation

6 to 10 Days

WHY ONE PERSON COMPANY?

Limited Liability

The liability of the shareholder is limited and personal assets are safe. The liability of the shareholder will only be limited to the unpaid subscription money in his name. OPC is a separate entity and there will be a true distinction between the promoter and the company.

SINGLE OWNER

There is only one owner who can act both as a shareholder as well as the director.

Complete Control

This leads to fast decision making and execution. Yet he/she can appoint as many as 15 directors in the OPC for administrative functions, without giving any share to them.

Legal Status & Social Recognition

One Person Company is a Private Limited Structure in the eyes of law, which gives suppliers and customers a sense of confidence in business.

Separate Legal Entity

The biggest advantage of a one person company is that its identity is distinct from that of its sole owner. If a promoter were to operate as a Sole Proprietorship, the business would come to an end on his/her death but since an OPC is a separate legal entity,therefore, ownership would pass on to the nominee and an OPC continue to exist.

Easy Compliances

OPC is one of the easiest forms of corporate entities to manage. Very few ROC filing is to be filed with the Registrar of Companies (ROC). No need to conduct Annual General Meeting (AGM), so lesser compliance cost.

Frequently Asked Question

IS ONE PERSON COMPANY IS A PRIVATE LIMITED COMPANY?
Yes, One Person Company will be formed as similar as a "Private Limited Company". It can be formed as company limited by share capital or limited by guarantee or unlimited company. The words "One Person Company" will have to be mentioned in brackets below the name of such company, wherever its name is printed, engraved or affixed.
IS ONE PERSON COMPANY REQUIRED TO FOLLOW LESS COMPLIANCES THAN A PRIVATE LIMITED COMPANY?
OPC is one of the easiest forms of corporate entities to manage. Very few ROC filing is to be filed with the Registrar of Companies (ROC). No need to conduct Annual General Meeting (AGM), so lesser compliance cost than a private limited company.
WHO CAN INCORPORATE A ONE PERSON COMPANY?
Only a person, who is an Indian citizen and resident in India, shall be eligible to incorporate a One Person Company. For becoming a director in a company, no professional or educational qualification is required. Any individual can become a shareholder in a one person company.
WHAT IS DIGITAL SIGNATURE CERTIFICATE AND WHY IS IT REQUIRED COMPANY INCORPORATION?
Digital Signature Certificate (DSC) as the name suggests it is a digital signature of an individual and it is required for filling the e-forms of company incorporation electronically to Ministry of Corporate Affairs
WHAT IS DIN (DIRECTOR IDENTIFICATION NUMBER) AND WHY IT IS REQUIRED?
The Unique Number is required to allot to an Individual which remains valid for whole life of the individual and is required to become director of any company.
WHAT ARE THE DOCUMENTS REQUIRED FOR ONE PERSON COMPANY INCORPORATION?

Following are the documents required for company incorporation for director and nominee

  • Self attested PAN card copy.
  • Four Photographs.
  • Self attested copy of any one of the Identity Proof like Driving License, Passport, Voter ID & Aadhar Card
  • Self attested copy of any one of the Address Proof like Bank Pass Book/Bank Statement, Telephone Landline Bill, Mobile Bill & Electricity Bill
  • Company Address proof Electricity Bill, Telephone Bill, Mobile Bill & Gas Bill AND Rent Agreement (If Rented) AND NOC for doing Business & for taking Registration
HOW MUCH MINIMUM CAPITAL REQUIRED TO INCORPOATE A ONE PERSON COMPANY?
The minimum capital shall be Rs. 1,00,000/- for incorporation of OPC.
WHAT ARE THE REQUIREMENTS TO BECOME A NOMINEE IN A ONE PERSON COMPANY?
Only a natural person who is an Indian citizen and a resident in India is eligible to be a nominee member. Nominee must also be over 18 years of age.
HOW MANY ONE PERSON COMPANY A PERSON CAN INCORPORATE?
A person can incorporate upto five One Person Companies.
DO PROMOTERS HAVE TO BE PRESENT PERSONALLY TO INCORPORATE A COMPANY?
Yes, promoters need to be present to personally meet us at our office or meet at any place for the registration of a Company. All the incorporation documents required to be present in original and scanned copy also required to submit.
HOW MUCH TIME WILL IT TAKES TO INCORPORATE A ONE PERSON COMPANY?
To incorporate a company we required approximately 5 to 8 working days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy process of incorporation, please choose a unique name for your Company and ensure you have all the required documents are provided before starting the incorporation process.
HOW CAN WE SELECT A NAME OF COMPANY UNDER INCORPORATION?
Firstly we just need to find a unique name as prefix and promoters need to provide name of the proposed company along with significance of word. Secondly the name needs to include a word about the company business activity. Finally before selecting Names it will be advisable to check on Google, MCA Portal, MCA Guidelines and Trade Mark site the availability of Name.
IS COST OF INCORPORATING A ONE PERSON COMPANY IS LESSER THAN A PRIVATE LIMITED COMPANY?
The cost of registration is almost the same for both.
CAN A COMPANY OWNS PROPERTY IN ITS NAME?
A Company can own and enjoy property in its own name, neither the members are not owners of the company's property and nor the members have insurable interest in the property of the company.
WHAT IS MEMORANDUM OF ASSOCIATION & ARTICLE OF ASSOCIATION?
MOA & AOA of the company defines all the rules and regulations and the working flow of company. It also defines everything about the company's objects, capital, identity, goals and working pattern. After the name of the company is select the Memorandum of Association and Articles of Association of the company is required to be drafted, the last page of the MOA and AOA is known as subscriber sheet which need to be filled in by the promoters in their own hand writing including their personal details and shareholding ratio.
WHAT IS CERTIFICATE OF INCORPORATION OF THE COMPANY?
After the MOA and AOA is drafted and signed the same is submitted to ROC along with statutory Forms INC-29 after attaching required documents like PAN, Identity proof, Address proof, DIR-2, INC-8, INC-9, INC-10 and Declaration of Deposits and the prescribed fee. The approval of the filed application results in incorporation of the company, a certificate of incorporation is issued by ROC.
MY COMPANY IS IN Bhubaneswar, BUT I’M IN SOME OTHER STATE. CAN I REGISTER MY COMPANY FROM Bhubaneswar?
Due to the digitization of all filing process, the company incorporation process is done online. So, you can send us the required documents by email or courier services.

About Us

Registrationwala.com is a leading company registration consultant in India having strong client base of 10000+.

We are experts in legal, professional and financial advisory services and help our clients in setting up their business entities and managing various business functions feasibly and effectively.

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