Registering a One Person Company (OPC) in India involves several steps and compliance with the regulations outlined in the Companies Act, 2013. Here’s a step-by-step guide for the registration of an OPC:
Step 1: Obtain Digital Signature Certificate (DSC)
1.1 Digital Signature Certificate (DSC):
- The proposed director of the OPC needs to obtain a Digital Signature Certificate (DSC). This is required for digitally signing documents during the registration process.
Step 2: Director Identification Number (DIN)
2.1 Apply for DIN:
- Obtain Director Identification Number (DIN) for the proposed director by filing Form DIR-3 on the Ministry of Corporate Affairs (MCA) portal.
Step 3: Name Reservation
3.1 Check Name Availability:
- Check the availability of the proposed name for the OPC through the MCA portal.
3.2 File Name Reservation Application:
- File the application for name reservation (INC-1) with the MCA. Provide alternative names in case the primary choice is not available.
Step 4: Drafting of Memorandum and Articles of Association
4.1 Draft MoA and AoA:
- Draft the Memorandum of Association (MoA) and Articles of Association (AoA) for the OPC. These documents outline the objectives and rules governing the company.
Step 5: Filing Incorporation Documents
5.1 File Incorporation Documents:
- File the incorporation documents, including the MoA, AoA, and other necessary forms (INC-2 for incorporation and INC-22 for the office address), on the MCA portal.
Step 6: Certificate of Incorporation
6.1 RoC Verification:
- The Registrar of Companies (RoC) will verify the documents submitted.
6.2 Issuance of Certificate:
- Upon successful verification, the RoC will issue the Certificate of Incorporation for the OPC.
Step 7: PAN and TAN Application
7.1 Apply for PAN:
- Apply for the Permanent Account Number (PAN) for the OPC.
7.2 Apply for TAN:
- Apply for the Tax Deduction and Collection Account Number (TAN) for the OPC.
Step 8: Compliance with Other Requirements
8.1 Bank Account Opening:
- Open a bank account in the name of the OPC.
8.2 GST Registration (if applicable):
- Register for Goods and Services Tax (GST) if the OPC’s turnover exceeds the prescribed limit.
Note:
- The entire OPC registration process is done online through the MCA portal.
- It’s advisable to engage with professionals, such as chartered accountants or company secretaries, to ensure compliance with all legal requirements.
- The process and requirements may be subject to updates, so it’s essential to check the latest guidelines from the MCA.