The name itself suggests that this type of company refers to that company which has single proprietorship. The one person has the power and control over everything. Such OPC or one Person Company has one director and one shareholder. There is one catch, though. In case the Company shows an annual turnover of Rs 2 Crores and a paid-up capital worth Rs 50 lakhs or over, the company’s director has to enter into the agreement of Private Limited Company within six months. If you want to always be an OPC, make sure to follow the criteria.

Here’s how we help you if you have made the choice

• Digital Signature Certificate of each of the partners is required to get a Digital Partner Identification Number (DPIN). Few documents need to be kept handy for further process
• Choose a name that you want your LLP to have and to be incorporated by Ministry of Corporate Affairs. This process ensures that the certificate of incorporation is approved
• The PAN and TAN will be provided by the same process like that in Private Limited Company. You just need to courier the hard copies of documents and in a few days, PAN and TAN will be provided to you

Know about the documentation

For the Partners

1. Scanned copy of PAN card/Passport (Foreign Nationals and NRI)
2. Scanned copy of PAN/Voter’s ID/Driver’s License
3. Scanned copy of the latest statements of Bank/Landline or Mobile Bill/Utility like Electricity or Gal Bill
4. Passport sized photographs scanned
5. Specimen signatures (for Partners; blank doc with signature)

For the Office to be registered

1. Scanned copy of latest Bank statement/Utility bill like Telephone, mobile, electricity or gas
2. Scanned copy of Notarised Agreement of Rent in English
3. Scanned copy of NOC or No Objection Certificate by the property owner
4. Scanned copy of Sale Deed/Property Deed in English (if the property is owned)