2. OPC
One Person Company
Sub- Section 62 of Section 2 of The Companies Act, 2013
'One Person Company means a company which has only one
member‘
Only "NATURALLY-BORN" Indian who is also a resident of India is
eligible to incorporate an OPC.
3. An OPC limited by shares shall comply with following requirements :
Shall have minimum paid up capital of INR 1 Lac
Restricts the right to transfer its shares
Prohibits any invitations to public to subscribe for the
securities of the company
4. NAME AVAILABILITY
Name is applied in Form INC-1 along with requisite fees.
• Name of OPC is written as
• “XYZ Services Pvt Ltd (OPC/ One Person Company)”
5. NOMINEE
•The MOA shall indicate the name nominee
•The person nominated as nominee by OPC shall be mentioned in
the memorandum of One Person Company and such nomination in
Form No INC.2
•The consent of such nominee obtained in Form No INC.3 and fee
as provided in the Companies (Registration offices and fees)
Rules, 2014
6. Incorporation to be filed in Form
INC-2
An application shall be filed, with the Registrar within whose
jurisdiction the registered office of the company is proposed to be
situated, in Form No.INC.2 (for One Person Company)
Documents to be attached are:
• MOA
• AOA
• Identity proof, Residential Proof and PAN Card of members and
nominees
• Consent of Nominee in Form INC-3
• Affidavit in Form INC-9 of subscriber to MOA and first director.
• List of all companies having the same registered office, if any.
•Specimen Signature in Form INC-10
7. Certificate of Incorporation
After approval of Incorporation documents by concerned Registrar
of Companies (ROC), Certificate of Incorporation is issued by
concerned ROC in Form No INC -11
