One Person Company Registration in Mumbai
Interested in One Person Company Registration in Mumbai? The One Person Company Registration in Mumbai is a straightforward process that allows you to establish a business with limited liability. For successful One Person Company Registration in Mumbai, you’ll need to provide essential documents such as proof of identity, proof of address, and a registered office in Mumbai. The One Person Company Registration in Mumbai involves completing and submitting the necessary forms to the Registrar of Companies (ROC) and paying the required fees. By opting for One Person Company Registration in Mumbai, you ensure your business operates as a separate legal entity, which protects your personal assets and simplifies the management of your business. This One Person Company Registration in Mumbai helps in efficiently managing contracts, finances, and other business operations, providing a solid foundation for your entrepreneurial journey.
Get Started with One Person Company (OPC) Registration in Mumbai
One Person Company Registration in Mumbai
The One-Person Company (OPC) structure, introduced in India under the Companies Act, 2013, provides a simple way for individuals to start their own businesses as separate legal entities. This setup gives solo entrepreneurs protection for their personal assets, so they can concentrate on running and growing their business without worrying about personal financial risk.
Launching a One Person Company (OPC) in Mumbai is simple and effective. You can create your business with only one director while enjoying the advantage of limited liability. The procedure is overseen by the Ministry of Corporate Affairs (MCA) and is compliant with the Companies Act, 2013. To maintain your OPC, ensure that you file income tax returns, annual returns, and financial statements on schedule. Overall, OPC registration in Mumbai is a superb choice for individuals aiming to start a small business with minimal risk and ease.
One Person Company Registration in Mumbai - Package
- OPC Name Reservation
- DSC for Director & Nominee
- DIN for One Director
- MoA & AoA
- Company PAN and TAN
- Certificate of Incorporation (CoI)
- PF & ESIC Registration
- Company Bank Account
- INC 20A Form & ADT-1 Filing
- INC. Gov. Fees & Stamp Duty
Required Documentation for OPC Registration in Mumbai
To easily set up an OPC (One Person Company) online in India, you’ll need these documents:
- PAN Card, Aadhaar Card or Passport of the Director and Nominee
- Latest Bank Statement or Passbook of the Director and Nominee (Not older than two months)
- Passport size Photo of the Director and Nominee
- Mobile Number & Email Id of the Director and Nominee
- Office Address – Latest Utility bills like Telephone/Gas/Electricity bill (Not older than two months)
Key Benefits of OPC Registration in Mumbai
Advantages of OPC Registration in Mumbai :-
Independent Legal Status
As a distinct legal entity, an OPC can independently enter into contracts, acquire property, and take legal action.
Tax Savings
OPCs benefit from favorable tax conditions, including lower rates and potential exemptions and deductions.
Easy Formation
Registering an OPC in Mumbai is a hassle-free process, requiring only one director for efficient online registration.
Improved Reputation
In Mumbai, OPCs are considered more reliable and credible than partnerships or sole proprietorships, enhancing your business’s appeal to investors and partners.
Requirements for OPC Registration in Mumbai
- Minimum and Maximum of one member
- Appoint a nominee before incorporation
- Nominee consent in Form INC-3
- OPC name selected as per the provisions of the Companies (Incorporation Rules) 2014
- Minimum authorised capital of ₹1 lakh
- DSC of the proposed director
- Proof of registered office of the OPC.
Complete Process for OPC Setup in Mumbai
Legal Kamkaj has simplified the whole OPC process for easy registration in 5 easy steps
Step 1: Get in Touch With Consultant
Contact an OPC registration expert at Legal Kamkaj. We will assist you with the entire OPC registration process, including eligibility requirements and compliance matters.
Step 2: OPC Name Reservation
To avoid duplication, our expert will help you select a unique name for your One Person Company and reserve it with the MCA.
Step 3: Preparation of Documents
Our specialist will assist you in preparing all necessary documents, including the Memorandum of Association (MOA), Articles of Association (AOA), and other required forms and disclosures.
Step 4: Filing of Forms
Once the documents are prepared, our expert will assist you in submitting them to the MCA through the online portal, ensuring that all information is accurate and complete.
Step 5: Certificate from MCA
After the application is verified, the MCA will issue a Certificate of Incorporation, officially registering your OPC. Our expert will also help you obtain the PAN and TAN numbers for your company.
Why Legal Kamkaj is Your Best Choice for OPC Registration in Mumbai ?
The process for OPC registration in Mumbai is designed to be simple, allowing individuals to start and manage their own companies. Essential requirements include being an Indian resident with a valid PAN card and providing a registered office address in India. Typically, the registration takes around 10-15 days. Your company must also meet annual compliance requirements, including the submission of annual returns and maintenance of accounting records. At Legal Kamkaj, we offer effective and reliable solutions tailored to your needs, enabling you to focus on your business expansion while we handle the legal aspects.
Frequently Asked Questions About One Person Company Registration in Mumbai
For OPC registration in Mumbai, the required minimum authorized capital is ₹1 lakh.
To act as a nominee for an OPC in Mumbai, the person must be an Indian citizen and a resident of India, meeting the criteria set by the Companies Act, 2013.