One Person Company Registration In Agartala Tripura
Register your Business just in One Click. Choose Auriga Accounting Platform “India’s biggest Platform.” Connect with our Experts.
Get Your Company registered in 7 days. Start From ₹7,299 Only!
Incorporate your business with Auriga Accounting
- Connect with our Experts
- Submit Your Required Documents
- Track Application Status
- Received your Certificate
REGISTER NOW..
Why Should I Use Auriga Accounting For One Person Company Registration In Agartala Tripura?
Auriga Accounting has a team of registration experts who can provide complete guidance to register your One Person Company Registration In Agartala Tripura.
book appointment
Our team of experts will get in touch with you and collect all necessary documents and details
Resolve all your queries
We fill out and file your application for registration
Complete your registration
Your One Person Company is registered
Why Should I Use Auriga Accounting For One Person Company Registration in Agartala Tripura?
Auriga Accounting has a team of registration experts who can provide complete guidance to register your One Person Company Registration In Agartala Tripura.
book appointment
Our team of experts will get in touch with you and collect all necessary documents and details
Resolve all your queries
We fill out and file your application for registration
Complete your registration
Your One Person Company is Registered
One Person Company (OPC) Registration In Agartala Tripura-Online Process, Documents Required, Cost
A One Person Company (OPC) is a business structure where a single individual owns and manages the entire company, enjoying limited liability. It combines the benefits of a sole proprietorship with the legal advantages of a company. Unlike a sole proprietorship, OPC offers limited liability, safeguarding personal assets. In contrast to Private Limited Companies and Limited Liability Partnerships (LLPs), OPC lacks the flexibility of multiple owners or partners. Private Limited Companies involve shareholders and have a more complex structure, while LLPs allow shared responsibility among partners. OPC suits entrepreneurs seeking a solo venture with legal protection, distinct from traditional structures.
What is one person company ?
One Person Company (OPC) is a type of business structure where a single individual can operate a company as a separate legal entity. This allows the individual to enjoy limited liability, meaning their personal assets are separate from the company’s assets. OPC is designed to provide a formal business structure for solo entrepreneurs who want the benefits of a company without the need for additional shareholders.
In India, the concept of OPC is governed by the Companies Act, 2013, under Section 2(62) and Section 2(62) read with Rule 3 of the Companies (Incorporation) Rules, 2014.
Minimum Requirement for One Person Company Registration In Agartala Tripura
As Per Companies Act 2013, Minimum requirements for One Person Company registration.
- A minimum and Maximum of One Director.
- A minimum and Maximum of One Member.
- Directors of a One Person Private Limited Company must be an Indian citizens and Indian residents.
- A nominee should be appointed before Incorporation
- Consent of the nominee should be obtained in Form INC-3.
- No Minimum Paid Up capital is Required.
Who cannot form a One Person Company Registration In Agartala Tripura
A minor under the age of 18th years, a foreign citizen (Who is not an Indian Resident), a Non-Resident, and any person incapacitated by contract will not be eligible to become a member of One Person Company (OPC).
Benefits of One Person Company Registration In Agartala Tripura
- Less Compliances.
- Limited Liability
- Creditability
- Tax Efficient.
- Separate Legal Entity.
- Easier To Raise Capital.
- Easier To Register.
- Easy to manage.
Documents Required for One Person Company Registration In Agartala Tripura
Documentation of Director
- Pan card of all person
- Aadhar card of all person
- Photo of all person
- Electricity Bill of Registered Office
- Bank Statement for the current month
Documentation of Nominee
- Pan card of all person
- Aadhar card of all person
- Photo of all person
- Electricity Bill of Registered Office
- Bank Statement for the current month
Process For One Person Company Registration In Agartala Tripura
- Apply for Name Approval – To get a name approved in the Ministry of Corporate Affairs (MCA) in India, Provide the necessary information, such as the proposed name(s) for your company, the type of company, the main business activities, and any other relevant details as requested. The MCA will check the availability of the proposed name(s) in their database.
Apply for Digital Signature Certificates (DSC): As a first step, at least one of the proposed directors of the company must obtain a Class 3 Digital Signature Certificate (DSC) from government-approved certifying agencies. This certificate will be used to digitally sign the incorporation documents.
- Apply Director Identification Number (DIN): Each proposed director must apply for a Director Identification Number (DIN) if they do not have one already. The DIN can be obtained by filing the Form DIR-3 on the MCA portal.
- Filling Memorandum of Association (MOA) and Articles of Association (AOA): Creating a One Person Company involves filing Memorandum of Association (MOA) and Articles of Association (AOA). MOA outlines the company’s objectives, while AOA defines its internal rules. Both documents are crucial for legal compliance and governance in a simplified manner.
- Filling SPICe form INC-32: To file SPICe form (INC-32) for a One Person Company, submit the required documents, including Director’s details, registered office address proof, and memorandum/articles of association, on the Ministry of Corporate Affairs website. Pay the applicable fees and obtain the Certificate of Incorporation for your One Person Company.
- Payment of Stamp Duty: Pay the applicable stamp duty on the authorized share capital of the company. This can be done online or through designated bank branches.
- Verification and Approval: The ROC will examine the filed documents and may request additional information or clarifications. Once satisfied, the ROC will issue a Certificate of Incorporation, indicating the successful incorporation of the public company.
- Issuing of Certificate of Incorporation, PAN and TAN : Post approval of Documents from Ministry of corporate affairs’ the department issue documents such as PAN,TAN and Certificate of Incorporation.
- Post-Incorporation Compliance: After incorporation, the company must fulfill certain post-incorporation compliance requirements, such as issuing share certificates, holding the first board meeting, and appointing an auditor.
It’s important to note that the specific requirements and forms may vary based on the type of company being incorporated. It is advisable to consult a professional, Just like Auriga Accounting such as a chartered accountant or company secretary, to ensure compliance with all the legal requirements and to navigate the One Person Company Registration process smoothly.
What do you get after One Person Company Registration In Agartala Tripura?
- Certificate of Incorporation (COI)
- Company Memorandum of Association (MOA)
- Company Articles of Association (AOA)
- Director Identification Number (DIN)
- Company Pan Card
- Company Tan Card
- Class 3 Digital Signature
Compulsory Compliances For One Person Company Registration In Agartala Tripura
- Form ADT-1: Appointment of Auditor: File within 15 days of the AGM for the first AGM and subsequently within 30 days from the AGM.
- Form AOC-4: Financial Statements: File the financial statements and other relevant documents within 30 days of the AGM.
- Form MGT-7: Annual Return: OPCs are required to file their annual return within 60 days of the Annual General Meeting (AGM). The AGM should be held within six months from the end of the financial year.
DIR-3 KYC Form: Directors of companies, including OPCs, are required to file the DIR-3 KYC form annually.
- Form ITR-6: OPCs are required to file their income tax return using Form ITR-6. The due date for filing is generally July 31st of the assessment year.
- EPF : OPCs need to ensure compliance with ESI and PF regulations if they have employees.
Reasonable Price For One Person Company Registration In Tripura
Steps | Fees |
Digital Signature Fees | ₹ 3000 |
Government fees ( Stamp Duty) | ₹ 1800 |
Professional Fee | ₹ 2499 |
Total cost | ₹ 7299 |
How Auriga Accounting Helps You In Agartala Tripura– Why Auriga?
For those Individuals and companies who do not have any knowledge regarding One Person Company Registration , our company Representative team provides knowledge, give relevant information, and explains the full process with proper guidelines, government rules, and regulations.
We tell you what benefits you will get by opening a One Person Company (OPC) Private Limited and, we tell you about all the compliance related to it. We start telling through messages. so that, when the last date or time comes, at the time of compliance, the Client gets prepared about the company’s compliances.
The best thing about us is that our clients also tell us, that we give equal time to everyone, we are very happy that our work is liked by our clients, who are sitting in different states, i.e., Andhra Pradesh, Arunachal Pradesh, Goa, Gujrat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, and many more states. They cannot come to us, We Cannot go to them, but we are just connected through phones or E-mail. If the client gets satisfied with our work, then it is known that Auriga Accounting did a good job today.
Frequently Asked Questions (FAQs)
A one person company (OPC) is a type of business entity that allows a single individual to operate and manage the company. It was introduced in India to provide a platform for entrepreneurs who want to start a company with the benefits of limited liability.
OPC has only one shareholder who is the sole owner and director of the company.
- It enjoys the benefits of limited liability, meaning the personal assets of the owner are separate from the company's liabilities.
- OPC does not require appointing a minimum number of directors like other companies.
- It has perpetual succession, meaning the existence of the company is not affected by the death or incapacitation of the owner.
- OPC is not allowed to raise funds from the public through share issuance.
- One Person Company (OPC): It has only one shareholder, limited liability, and no requirement for appointing a minimum number of directors.
- Limited Liability Partnership (LLP): It has two or more partners, each with limited liability for their own actions and the actions of those they supervise.
- Private Limited Company (Pvt Ltd): It requires a minimum of two shareholders and two directors, offering limited liability and the ability to raise funds through share issuance.
To understand the eligibility for One Person Company Registration in Agartala Tripura, only a natural person who is an Indian citizen and resident in India can form an OPC. Additionally, an individual cannot be a member of more than one OPC at the same time.
The documents required for OPC company registration include:
- Identity and address proofs of the owner/director(s).
- Address proof of the company's registered office.
- Memorandum of Association (MOA) and Articles of Association (AOA) of the company.
- Consent to act as a director from the owner/director(s).
- NOC (No Objection Certificate) from the property owner of the registered office.
OPC is a type of private company. It has all the features of a private company with the exception that it can have only one shareholder.
- Identity and address proofs of the owner/director(s).
- Address proof of the company's registered office.
- Memorandum of Association (MOA) and Articles of Association (AOA) of the company.
- Consent to act as a director from the owner/director(s).
- NOC (No Objection Certificate) from the property owner of the registered office.
OPC must comply with the following rules:
- The owner must be an Indian citizen and resident in India.
- It cannot have more than one shareholder.
- The minimum authorized capital is not applicable.
- It must add One Person Company to its name to distinguish it from other types of companies.
The OPC registration fees may vary and depend on factors like authorized capital, professional fees, and government charges. It is recommended to check with a Auriga Accounting expert.
Yes, OPC can have directors, but it must have a minimum of one director at all times. The sole shareholder is also the director by default.
To register an OPC company in Agartala Tripura India, follow these steps:
- Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the proposed director.
- Choose a suitable name for the company, adhering to the naming guidelines.
- Prepare the necessary documents, including MOA, AOA, and address proofs.
- File the application for OPC registration with the Registrar of Companies (ROC).
- Pay the required registration fees and stamp duty.
- Once approved, the ROC will issue a Certificate of Incorporation, and the company will be officially registered.
The tax rate for an OPC in India is the same as for other private companies. As of my last update in September 2021, the corporate tax rate was 25% for companies with a turnover of up to 400 crore INR and 30% for companies with a higher turnover. Additionally, there might be other applicable taxes depending on the nature of the business and its activities.
No, a one person company cannot issue shares to the public, as it is not allowed to raise funds through public share issuance. It can only have one shareholder who holds 100% of the shares.
Yes, an OPC can open a trading account for the purpose of buying and selling securities in the stock market. It can trade in equities, derivatives, and other financial instruments like any other company.
Yes, an OPC can open a Demat account. A Demat account is used to hold and store securities in an electronic format. It is essential for trading and investing in the stock market. An OPC can open a Demat account in its name to hold shares and other securities.
Get more details
Discover the incorporation packages.
Basic
Sutable for startup
- Certificate of Incorporation (COI)
- Company Pan Card
- Company Tan Card
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Class 3 Digital Signature (DSC)
- Director Identification Number (DIN)
Standard
Sutable for Businesses
- Basic Plan include
- GST Registration
- Auditor Appointment
- Commencement of business
- Issuing of share certificate
- MSME Registration
- Copies of Business document
Premium
Sutable for Corporates
- Standard Plan Include
- Trademark Registration
- Current account opening support
- Annual compliance
- Startup india Registration
Our Happy Clients!
Trusted by 400,000 clients and counting, including …
