Documents required for OPC registration

//Documents required for OPC registration

Documents required for OPC registration

One Person Company comes across as a feasible option for entrepreneurs with small businesses. Unlike sole proprietorship the concept of One Person Company (OPC) protects its owner from unlimited liability. It was introduced in the Companies Act, 2013. Earlier, the process of registration was long and complicated but it has since been streamlined. In a previous article we covered the documents required for LLP registration, in this article we cover the list of documents required for OPC registration.

Since OPC is a sub category of Private Limited Company, the Name of OPC shall end with (OPC) Private Limited. The documents required for OPC registration fall under 3 major heads.

List of documents required for OPC Registration

List of Documents required for OPC incorporation

A. Shareholder/Director Details

 1. PAN Card

2.Identity proof of the director/shareholder

(Any one of below)

  • Aadhar Card
  • Passport
  • Driving License
  • Voter Identity Card or Electoral Photo Identity Card

List of documents required for OPC registration

3. Address proof

  • Telephone bill
  • Postpaid mobile bill
  • Electricity bill
  • Water bill
  • Bank statement
  • Bank passbook with latest transaction

Note that all of the above documents must not be older than 2 months and they must be in the name of the applicant. Documents must be in English or translated into English

Both the identity proof as well as the address proof must be self-attested by the applicant.

List of documents required for OPC incorporation

4. Mobile number and email of the applicant

 

5. Passport size photograph

 

6. Director Identification Number

 

7. Digital Signature Certificate

 

B. Nominee Details

 

 1. PAN card

2. Identity proof of the nominee

  • Aadhar Card
  • Passport
  • Driving License
  • Voter Identity Card or Electoral Photo Identity Card

3. Address proof (This verifies the address of the nominee)

  • Telephone bill
  • Postpaid mobile bill
  • Electricity bill
  • Water bill
  • Bank statement
  • Bank passbook with latest transaction

 

Note that it is compulsory to nominate a person who would look after or run the company in case of a mishap or if the current director of the company chooses to retire. The nominee and Director/member of OPC must have been residing in India for a period of more than 182 days in the previous year at the time of incorporation of the company.

C. Registered office address proof

The above documents must be in the name of the owner of the premises and signed by the same. Note that this is difference from the address proof above since this proof serves to verify the office premises and not the personal address of the owner.

Any person can be a director in only one OPC and he cannot create multiple OPCs. Also, a person can be nominee in only one OPC and he cannot be a nominee or director in multiple OPCs.

Also a person cannot be director in an OPC and Nominee in another OPC at the same time.

However, both the Director of OPC and the Nominee can be a Director or a shareholder in a Public/Private Limited Companies.

Conclusion

One Person Companies have the potential to transform the society in many positive ways. With relaxed operating norms and less compliance they can function very smoothly. The registration process for the same may be a little cumbersome. To swiftly incorporate your OPC, reach out to us at Registration Arena. We help businesses grow and evolve without involving themselves with the complexities of business. We aid businesses with GST filing, obtaining PAN/TAN and many more essential business processes.

By | 2020-06-29T19:13:09+05:30 June 26th, 2020|Categories: Uncategorized|0 Comments

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