What is the meaning of One Person Company in India and explain about its process of Incorporation. To register your OPC, visit https://www.legalraasta.com/one-person-company-registration/

1. YOUR ONLINE COMPANION FOR COMPANY, TAX AND LEGAL MATTERS.
WWW.LEGALRAASTA.COM
ONE PERSON COMPANY
GUIDE - INDIA

2. MEANINGOFONEPERSONCOMPANY
What is a One Person company
The idea of One Person Company (OPC) in India was introduced to give a boost to entrepreneurs who have
great potential to start their own venture by allowing them to create a single person company. One of the
main benefit of an OPC is only one member is required in a OPC, while a minimum of two members are
required for forming and maintaining a Private Limited Company or a Limited Liability Partnership. An OPC
since has a separate legal entity and it ensures protection to owner by limiting his liability, easy to set up
and maintain comparatively.
But, if an OPC exceeds a turnover of over Rs. 2 crore or has a paid-up capital over and above Rs. 50 lakhs, it
must be turned into a private or public limited company within six months.

3. ADVANTAGESOFONEPERSONCOMPANY
Separate Legal Entity
An One Person company is a legal entity and a
juristic person established under the Act.
Limited Liability
Member’s personal assets are safe and liability of
members is limited to the assets of company.
Uninterrupted Existence
A company has perpetual existence and stays
unaffected by death of any of its members or
change in ownership.
Borrowing Capacity
Banks and financial institutions prefer lending to
the company rather than proprietary firms. So it
is preferable to register your startup as a One
Person private limited rather than proprietary
firm.
Full Control as the Sole owner
The more are the members the more longer
time it takes to take a decisions and execute
them. Being sole owner ensures that you can
take quick decisions and executions.
ADVANTAGES

4. PROCESSOFINCORPORATION
The whole process may take 13-17 days depending on the approvals from ROC
Application for registering DSC of Director – 1 day
Application for DIN/DPIN – 1 day
Name Approval- After first 2 complete. 4-6 days
Drafting and Filing of MOA/AOA 2-3 days
Filing Incorporation Documents – 1 day & Incorporation
Certificate 4-5 days
Key steps of formation of One Person Company

5. DOCUMENTREQUIRED
Documents in respects
of Owner
• Pan Card Copy
• ID Proof – Aadhaar
Card/ Voter's ID/
Passport/ Driving
License
• Residential Proof -
Latest Bank
Statement/
Telephone or Mobile
Bill/ Electricity or Gas
Bill
• Passport Size
Photograph
Other documents
• Latest Electricity Bill/
Telephone Bill/ Gas
Bill for registered
office address
• Rental Agreement (if
rented property)
• Sale Deed/ Property
Deed (for owned
property)
Documents that will be
sent by us for your
attestations/signatures
• MOA and AOA
• Consent Letter
• NOC - No Objection
Certificate

6. PACKAGESOFONEPERSONCOMPANY
Inclusions Basic Standard Premium
Consulting/ Advisory Services ● ● ●
DIN of one Director ● ● ●
1 DSC USB Token-2 year validity ● ● ●
Government Fees for name Approval and Incorporation
● ● ●
Stamp Duty For Incorporation ● ● ●
Government Fee for 1 Lakh Capital ● ● ●
Drafting of MOA and AOA ● ● ●
Drafting and Filing of all documents pertaining to Incorporation ● ● ●
OPC Incorporation Certificate ● ● ●
PAN Card for Company ● ● ●
Tan Registration ● ● ●
Trademark Registration ● ●
Domain Name ●
Package price (Rs.) 12,499 17,899 19,399

7. ABOUTLEGALRAASTAANDTEAM
About us
We are committed to helping you grow your business and add value through our expertise. We aim to deliver a hassle-free experience so
that you can focus on your core business.
Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous
government/ legal forms at one place and have simplified them to be fully understood by common man. Legalraasta.com is a one
destination for your legal matters relating to:
1. Forming any type of business entity (e.g, Pvt. Ltd Co, LLP etc)
2. Filing individual and company return
3. Helping on company compliances such as ROC filings & minutes
4. Protecting work through trademark & copyright
Our team
LegalRaasta.com has been founded by a team of Chartered Accountants and professional advisors. We currently have a
network of 100+ professionals including experienced Chartered Accountants, Company Secretaries, Lawyers, Cost
Accountants, Chartered Engineers and Bankers.
Pulkit Jain, founder of Legalraasta, has over 5+years experience in CA and Legal domain. He has worked with the top CA
firms in India and has served large corporate and MNCs

8. WHYCHOOSEUS
Cost effective
Businesses are always under intense time and cost
pressures. With our great packages 40% savings
are ensured compared to typical CA/ Lawyer
Expertise
By teaming up with us , you will have an access to
network of 100+ experts. You can gain the peace
of mind in knowing that your accounting tasks are
done properly by qualified, experienced and
knowledgeable professionals in the field.
Easy Online Process
You don’t have to deal with the typical
headaches involved with face to face
meeting and visiting government offices.
Our process is 100% online. Fill out simple
forms – and you are done!!
Trusted
We are a trustworthy partner which has been
serving startups & companies for past several years.
Our growth numbers stand as a testimony:
• 200+ clients
• 100+ services
• 30+ testimonials
Partner/ Affiliations
We are an e-filing intermediary and have been facilitating filing of
hundreds of e-returns. We are also registered with e-mudhra for
issue of Pan cards. There are multiple other associations with CA &
legal firms.
Our site has been secured by SSL to protect your personal &
payment details

9. CONTACTUS
Corporate office
B-186, Lok Vihar, Pitampura, Delhi 110034 India
Our team always endevour to serve you best. Feel free to reach out to us at:
www.legalraasta.com
Mail: contact@legalraasta.com, M: +919999379929