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Best CA Firm for One Person Company OPC Registration in Jaipur & Rajasthan

The Companies Act, 2013 of India allows to incorporate one person Company in Jaipur & Rajasthan now. The minimum requirement of the number of shareholders is One and Directors is One. However the shareholder should have to mention a nominee in case of any mis-happening, the nominee may be shareholder of the Company. The director itself can be the shareholder also. There should be at least Rs. 100,000/- as share capital in the Company.

Are you interested in One Person Company Registration in Jaipur & Rajasthan ? Process Now! Call @ 911-911-2929 / 91160-98980 .Save your time by registering on our website.

Steps to Incorporate a One Person Company in Jaipur & Rajasthan

Step 1. Obtain Digital Signature : 

Obtain the digital signature certificate (DSC) from authorized authority of the persons (at least one is required) who are going to be director in the company. It normally takes 2 – 5 days. Documents required for obtaining DSCs please check.

Step 2 : Obtain Director Identification No. : 

Obtain the Director Identification No. (DIN) for proposed Directors in the company. It normally takes one day but can be more in certain circumstances. For obtaining DIN please call Now.

Step 3 : Obtain approval of proposed Company name : 

Get approval of proposed name of company from the Registrar of Companies (ROC). This procedure takes at least two working days. Application for the reservation/availability of name shall be in Form no. INC. 1 (available on the site of Ministry of Company Affairs) along with prescribed fee of Rs. 1,000/-.. After approval of name the name will be valid for a period of 60 Days from the date on which the application for Reservation was made.

Note : The applicant cannot start business or enter into any agreement, contract, etc. in the name of the proposed company until and unless a certificate of registration is issued by the registrar of companies as per the provisions of the Companies Act, 2013 and the rules made thereunder.

Step 4 : Preparation of the Memorandum of Association (MOA) and Articles of Association (AOA) : 

Drafting of the MOA and AOA of the Company consistent with the name available.

Note : The main objects should match with the objects shown in e-Form INC 1 with the availability of name and shall be in respective forms specified in Tables A, B, C, D, E (for MOA) and Tables F, G, H, I and J (for AOA) in Schedule I as may be applicable to such company.

Step 5 : Pay stamp duties : 

Stamp duty will be paid online through the MCA21 portal. It may take 1-2 day to have challan.

Stamp duty which is required to be paid before submitting form INC-7, is charged state wise according to authorized share capital mentioned in AOA.

Step 6 : Application for incorporation of a One Person company : 

File Form INC-2 along with Form no. INC. 22 for the situation of the registered office of the Company (as the case selected in form no. INC 2) with the Registrar within whose jurisdiction the registered office of the company is proposed to be situated, and DIR -12 with the following attachments:

  1. MOA

  2. AOA

  3. Declaration in Form No. INC-8 by Professionals (Advocate/CA/CS/ICWA in practice)

  4. Affidavit from each of the subscriber to the Memorandum in Form No. INC-9.

  5. Proof of residential addresses (the address for correspondence till its registered office is established)

  6. For verification of signature of subscribers in form no. INC – 10

  7. NOC in case there is change in the promoters (first subscribers to Memorandum of Association)

  8. Proof of Identity (the particulars of name, including surname or family name, residential address, nationality and such other particulars of every subscriber to the memorandum and the particulars of the persons mentioned in the articles as the first directors of the company along with proof of identity, as may be prescribed, and in the case of a subscriber being a body corporate, such particulars as may be prescribed;)

  9. Entrenched Articles of Association, if any.

    Note: Where the articles contain the provisions for entrenchment, the company shall give notice to the Registrar of such provisions in Form No. INC.7, as the case may be, along with the fee as provided in the Companies (Registration offices and fees) Rules, 2014 at the time of incorporation of the company.

  10. PAN Card (in case of Indian national)

  11. Certified true copy of board resolution/consent by all the partners authorizing to subscribe to MOA

  12. Optional attachment, if any

  13. Form DIR-12 shall be filed along with form INC-2 except when the promoter is the sole director of the OPC.

  14. Form no. INC 22 filed for verification of the registered office of the Company.

Step 7 : Obtain the certificate of incorporation : 

Normally within 3-5 working days, the certificate of incorporation is issued.

Thus for the incorporation of the Company, a total 10-15 working days are required.

Note: In case the paid up share capital of an OPC exceeds fifty lakh rupees or its average annual turnover exceeds during the relevant period exceeds two crore rupees, then the OPC has to mandatorily convert into a private or public company.

Form INC-5 shall be filed within sixty days of exceeding threshold limits.

Time required for One Person Company registration in Jaipur & Rajasthan

Registration done within 10 to 15 days

The Legal Bank Provides You :

Everything below is included:

  • DSC for 1 Directors

  • DIN for 1 directors

  • Name Reservation

  • MOA, AOA & All Incorporation Documents

  • Certificate of Incorporation

  • PAN and TAN (After Incorporation)

Benefits of One Person Company registration in Jaipur & Rajasthan

Single Promoter:

A corporate form of legal entity in One Person Company ensures that the business has perpetual existence and easy ownership transferability.

Uninterrupted Existence:

A company being a separate legal entity is unaffected by the death or other departure of any member and continues to be in existence irrespective of the changes in ownership.

Easy Transferability:

In One Person Company, the ownership can be transferred by altering the shareholdings, directorship, and nominee director information.

Borrowing Capacity:

Banks and financial institutes prefer to provide funding to a company rather than partnership firms or proprietary concerns, however, a One Person Company cannot issue different types of equity security, as it can only be owned by one person at all times.

Owning property:

A company being an artificial person can acquire, own, enjoy and alienate, property in its name. the property owned by the company could be anything but the nominee director cannot claim any ownership of the company while serving as a nominee director.

Are you interested in OPC Registration in Jaipur & Rajasthan ? Process Now! Call @ 911-911-2929 / 91160-98980 .Save your time by registering on our website.