We provide an affordable service for Private limited company registration in India with almost nil professional fees. This helps you to save nearly 60% of the total cost without compromising the quality of work.
Our team of trained and experienced graduates takes care of your registration process. Independent qualified professionals further verify the process. We follow a strict concept of Maker and Checker.
We provide a Legal Compliance Dashboard that acts as your secretary for legal work. It intimates you about the upcoming compliances and hence makes sure that you do not miss any of it.
You need to submit our company registration form so that we help you for further procedure.
Send scanned copy of documents and details requires for registration procedure.
After submitting all documents we will provide you with DSC.
We prepare MOA and AOA and other form related to registration.
We will send you all the documents for your verification.
We will submit all forms and documents related to registration of company with ROC on your behalf.
One Person Company is a form of company that has only one individual as its shareholder. Such companies are generally started when one founder/promoter wants to start a business in the name of a private limited company with limited liability. Entrepreneurs who are in the early stages of planning companies prefer to establish one person company in India instead of a sole proprietorship business.
OPC has several advantages that other types of companies don’t. So, if you want to start up your own business, you don’t have to worry about all the complex and tedious processes. If you are want to register an OPC, then Legal Workmate can help you with One Person Company Registration in India.
OPC is a separate legal entity different from its promoter and acts as a distinct judicial person. The one person company has its own assets and liabilities. Due to the distinct entity promoter in OPC, it is not personally liable to repay the debts of the company.
On the other hand, sole proprietorships and their proprietors are the same persons. So, the law allows the attachment and sale of the promoter’s assets in case of non-fulfillment of the business’ liabilities.
Register your company with ZERO professional fees
An OPC is a separate legal entity, and hence the owner has limited liability in case of adverse conditions. So unlike sole proprietary concern, the owner does not have to give away his assets.
The only type of corporate entity that can be started with a single promoter is a one-person company. It ensures that the business has a perpetual existence until it is legally dissolved.
One Person Company is a Private Limited Structure, which is one of the popular business entity-form globally. A large number of organizations prefer to engage with a private limited company instead of a proprietorship organization.
Since there is more transparency due to few mandatory compliances, banking and financial institutions prefer to lend money to the OPC over proprietary firms.
A one-person company are provided various exemptions in the compliance part under the companies act as against the Private Limited Company.
A-One Person Company can be converted to a private limited company or Limited company so that one can add more shareholders as and when the company grows.
As the name suggests, an individual can start One Person Company (OPC). Moreover, it cannot have more than one shareholder at any time. If you want to increase the number of shareholders at any time, then an OPC should be converted to a Private Limited Company.
No, you can start your OPC private limited company from your own or rented home also. In such a case, the home will be treated as a registered office of your company. Only condition is that such place should be within the territorial boundaries of India.
Member of the OPC has to appoint one person as the nominee of the company who will be given the control over the company or shall become the owner of the company if anything happens to the shareholder of the OPC.
Yes, restriction for OPC is on numbers of shareholders and not on the number of directors in the company. An OPC can appoint as many directors as it wants to without any restrictions.
No, if you are registering your company with us, then you only need to provide us with the required details, and within a period of 10 to 15 days, we will register your company in India.
No, we have a team of professionals that includes chartered account and company secretary who will take care of your registration process. You have to only provide us with the documents as per the list sent by the Legal Workmate team.
No, we have a team of professionals that includes chartered account and company secretary who will take care of your registration process. You have to only provide us with the documents as per the list sent by the Legal Workmate team.
Yes, one can incorporate a company even if he/she is an employee of any other organization both private or public. Further, if there are restrictions on not getting in any business by your company then you can appoint another person or relative as the director of the company.
The DSC is an instrument issued by certifying authorities (TCS and n-Code are two of them) by which you can sign documents electronically. DSC is required for all the shareholders and directors of the company.
No, you only need to open a bank account within 30 days and can deposit paid-up share capital within 180 days. However, you cannot start a business without depositing entire share capital in the company.
No, our team takes care of all your after registration compliance work in a trouble-free and smooth manner. Legal workmate provides you with all the mandatory compliance services at reasonable and scalable rates. For compliance work, we have an elite team of practicing professionals with different disciplines are associated with us.
Yes, a private limited company must hire an auditor, irrespective of the business done in the year. In case there is no business done, the auditor is still required to enter and maintain records. An auditor should be appointed within 30 days of incorporation. At Legal Workmate, our team also assists you with the process of appointing the auditor and maintain your books in a true and fair manner.
No, it is not mandatory to obtain GST registration. GST registration is required only if your turn over exceeds specific limits or you are engaged in making certain types of supply. For more details you can visit our GST registration tab or our knowledge portal.
An OPC Private Limited Company has to mandatory compliance with the following compliance : (I) Maintain proper Accounting Records. (II) Audit of books of accounts. (III) Income Tax and ROC form filling.
An OPC is a good alternative largely because it gives limited liability to the business owner. This means that your liability is limited to the amount you have invested in the business; due to which personal property of the owner can’t be attached for companies conduct.
No, an individual can be a member of only one OPC at a given time. An individual cannot incorporate another OPC even if he/she is a nominee in any other company.
As per Companies Act, 2013, only Indian Residents can incorporate an OPC in India.
If during any financial year, the OPC fulfills any of the following criteria, then it becomes
mandatory to convert it into a private limited company.
(I) Paid-up share capital of OPC
exceeds Rs 50 Lakhs.
(II) The average annual
turnover in any three consecutive financial years is more than Rs. 2 crores.
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PARSHEEN ENTERPRISES PRIVATE LIMITED
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