How to get OPC Registration in Mumbai?

opc registration

A new concept has been introduced in the Companies Act 2013 regarding One Person Company (OPC). As per Section 2 (62) of the Companies Act 2013, a company can be formed with only 1 director and 1 member. In a private company, a minimum of 2 directors and 2 members are required, whereas in a public company, there is a minimum of 3 directors and a minimum of 7 members. Not a single person could previously include a company.

Minimum requirements for OPC Registration in Mumbai

  • 1 Shareholder
  • 1 Director
  • 1 Nominee
    Director and Shareholder is one and the same person

Benefits to incorporate OPC in Mumbai

  • OPC has a minimum requirement of One director only which can be extend up to maximum of 15 directors.
  • The annual general meeting is not mandatory in OPC.
  • The privilege to incorporate OPC is that the owner has a limited liability, unlike in a sole Proprietorship where the owner has unlimited liability.
  • The OPC is required to conduct minimum two board meetings in a calendar year, and one meeting in each half of a calendar year.

Documents Required for OPC Formation in Mumbai

Mandatory Documents of Director/Shareholder and Nominee :

  1. Passport Size Photograph,
  2. PAN Card
  3. Aadhar Card
  4. Voter Identity card / Passport / Driving Licence
  5. Copy of Electricity Bill / Bank Statement / Mobile Bill (Not older than 1 month)
  6. Electricity / Telephone / Gas Bill (Business Place) (Not older than 1 month)
  7. NOC From the Owner of The Property

Steps involved in OPC (One Parson Company) Incorporation in Mumbai

  • Step-1: Documentation
  • Step-2: Selection of Name for OPC Registration
  • Step-3: Apply for DSC
  • Step-4: Name Approval for OPC Registration
  • Step-5: Spice Form Filing to ROC for OPC Incorporation
  • Step-6: Registration of The OPC Company with ROC
  • Step-7: Issue of the Certificate of Incorporation
  • Step-7: PAN & TAN Number for the OPC

Timeline for OPC Registration in Mumbai

It takes 5 to 7 working days (approx.) to complete OPC Registration procedure. Timeline may vary depending on replies from ROC department.

What you get by OPC Registration through BestTaxInfo

  • DSC (Digital Signature) of Director
  • DIN (Directors Identification Number) of Director
  • Drafting of AOA (Articles of Association) & MOA (Memorandum of Association)
  • Reply to queries raised by ROC department
  • Government Fees
  • Payment of Stamp Duty and Registration Fees
  • Our Professional Fees
  • Certificate of Incorporation
  • PAN & TAN of OPC
  • Support to Open a Bank Account
  • Tax Consultation for Free

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