ONE PERSON COMPANY (OPC) REGISTRATION IN INDIA
OPC or One Person Company is a single owner business registered under the Companies Act of 2013. The registration process is quick, easy and completely online. However, it requires certain documents to be completed which includes the KYC documents of the owner or shareholder, the documents of registered office, and constitution documents of the company. Additionally, since the application itself is web-based, an authorised director of the OPC must use his digital signature to sign it. What all these OPC registration documents really entail, their significance in the OPC registration process.
DOCUMENTATION -
- The Memorandum of Association (MoA) which are the objects to be followed by the Company or stating the business for which the company is going to be incorporated.
- The Articles of the Association (AoA) lays down the by-laws on which the company will operate.
- Since there are only 1 Director and a member, a nominee on behalf of such a person has to be appointed because in case he becomes incapacitated or dies and cannot perform his duties the nominee will perform on behalf of the director and take his place. His consent in Form INC – 3 will be taken along with his PAN card and Aadhar Card.
- Proof of the Registered office of the proposed Company along with the proof of ownership and a NOC from the owner.
- Declaration and Consent of the proposed Director of Form INC -9 and DIR – 2 respectively.
- A declaration by the professional certifying that all compliances have been made.