One person Company

Lopamudra in India has a dedicated team of company secretarial, legal professionals

and Chartered Accountants who possess extensive experience in various corporate
laws and commercial / legal documentation. Our team is highly business oriented in
approach and has experience across sectors and the acumen to provide complete
solutions for all corporate secretarial matters.

What is One Person Company?

The One Person Company (commonly known as OPC) is the type of entity which is
owned by a single person. It allows a sole person to own and also manage the entire
business operations. ... Similar to Private Limited Company, OPC Registration and its
operations are governed by the Indian Companies Act, 2013

Benefits of One Person Company?

More narrow definitions have described entrepreneurship as the process of designing,
launching and running a new business, which is often initially a small business, or as
the "capacity and willingness to develop, organize and manage a business venture
along with any of its risks to make a profit."[4] The people who create these businesses
are often referred to as entrepreneurs.5 economic crisis, lack of market demand, or a
combination of all of these."[7] the process of designing, launching and running a new
business, which is often initially a small business, or as the "capacity and willingness to
develop, organize and manage a business venture

Documents Required for One Person

Company
Quick checklist

Form-16
Salary Slips
Interest certificates from Post Offices & Banks
Form 16A/16B/16C
Form 26AS
Tax-Savings Investment Proofs
Deductions under Section 80D to 80U

Specific requirements

A Company must have a registered office in India. Documents like bank statement or
electricity bill should not be older than 2 months. Along with that utility bill, rent agreement or
sale deed and a No Objection Letter (NOC) from the landlord with his/her consent to use the
office as a registered office of a company must be submitted.