One Person Company Registration

Get your One Person Company (OPC) Registered from Metacorp ITES Private Limited . 100 % guaranteed ROC Registration. DIN Registration and DSC issuance. Timeline 30-45 days. Call us today at 9711118412/9310710156
To discuss a project

One Person Company

To encourage unorganized proprietorship businesses to enter into organized corporate world, The Government came up with the concept of "One Person Company". As per sec 2 (62) of The Companies Act, 2013, 'One Person Company' company means a company where only one person is the member of company. It is a basically a private company with some unique features.

Logic and concept of One Person Company (OPC)

The Government of India constituted an expert committee on company law on 2nd December 2004 under the chairmanship of Dr. JJ Irani. The Committee submitted its report to the Government and gave its opinion on company law in respect of international market. The concept of One Person Company (OPC) is one of them. Committee observed increasing use of information technology & digital market and emergence of the service sector. The entrepreneurial skills also required an organic platform to participate in the formal economy. It is hard to believe entrepreneur who has brilliant idea come with association of person to participate in the market. The JJ Irani Committee recommended that the law should recognize the single person identity by way of formation of Single person entity as ‘One Person Company.

Characteristics of One Person Company (OPC)

A One Person Company (OPC) is recognized as private company however certain provision of private company will not apply to an One Person Company (OPC), for instance only one member is sufficient to form a company. One Person Company has privilege not to hold Annual General Meeting (AGM).

Information to be provided in the Directors’ Report has been minimized as compared to private company The Annual report is to be signed by either the company secretary or the director whereas Annual Return of private or public limited companies are to be signed by both the director and company secretary and in case of no company secretary is hired, then by a practicing company secretary.

If One Person Company has more than one director then it is to hold at least one meeting of the Board of Directors in each half of calendar year and the gap between two meetings should note less than ninety days.

Other Provisions

  • A natural person shall not be member of more than One Person Company (OPC) at any point of time and the said person shall not be a nominee of more than one (OPC)
  • A minor is not eligible to become a member of One Person Company (OPC)
  • One Person Company (OPC) is not eligible to convert itself into company under sec 8 (Non-Profit Companies) of the Act
  • One Person Company (OPC) can’t perform as non-banking financial investment entity.
  • One Person Company (OPC) can’t invest in the securities of any body corporate.

Tags : Company (OPC) One Person Company

Frequently Asked Questions:

Free initial consultation on legal aspects of daily business activity
To discuss a project
End to End Certification Services – How we do it
01
Enquiry by the Applicant
Once any prospect makes a query for any service, a dedicated service manager is allotted to every query.This ensures personalized and focused service for each prospect.
02
Document Collection
We collect required documents from the customer, prepare other declarations/affidavits and submit online/offline application along with Govt. fee submission
03
Certificate issuance
Once the Govt. fee is submitted, we continuously monitor it and provide regular updates to the applicant. We also submit any document deficiency raised by the Authority.
Our few valuable clients
View All Clients
Why Choose Metacorp
10 + years
Pollution Board Consulting
1000 +
CTE CTO Certificates issued
180+
EIA-EC Certificates issued
5+ years
CDSCO Consulting for medical device import
700 +
CGWA / HWRA NOCs
800 +
CPCB EPR certificates issued for Plastic, battery, electronics
1000 +
MOEF NOCs for HW import
300 +
DGFT Licenses for import of restricted items

About Metacorp

We are the pioneers in offering environmental consulting services to our patrons, giving us the first mover advantage & keeping us ahead of our competitors.

Very experienced in filing, monitoring & issuance of CTE, CTO, Waste Management Authorization from State Pollution Control Boards

  • Very strong and experienced sales & documentation teams.
  • Very experienced liaison managers with offices in multiple locations across India
  • Extensive experience in end to end project certifications management
  • An acute understanding of the real challenges faced by our patrons and innovative solutions for compliance ready organizations.
  • Business ready for onboarding multiple customers with varied certification requirements
  • 100+ existing channel partners ready to contribute for finding efficient environment certifications for our esteemed patrons.

Metacorp
Typically replies within an hour

Metacorp
Hi there 👋

How can I help you?
11:38
×
Chat with Us