One Person Company Registration Fees with Process

One Person Company Registration fees are divided into government and professional fees. The government fees in India depend on the nominal share capital of the company. For e.g., the government fees for the OPC registration whose share capital is 10,00,000 would be Rs. 2000. However, the cost of DIN application, stamp duty, and form filling on the MCA website are additional costs.

One Person Company Registration is introduced by the Companies Act, of 2013 with the objective to support entrepreneurs capable of raising their businesses. Company Registration in India requires only one person as a member. It provides the benefits of limited liability, which was absent in sole proprietorships and partnerships.

What are One Person Company Registration fees?

The government fees for registration of One Person Company in India depend on the nominal share capital of the company. For e.g., the government fees for the OPC registration whose share capital is 10,00,000 would be Rs. 2000/-. Whereas the nominal share capital ranges between Rs. 10,00,000 to Rs. 50,00,000, the government fees are Rs. 2,000 in addition to Rs. 200 for every Rs. 10,000 of nominal share capital or part thereof.

In addition to the government cost, the cost of obtaining the documents like a Digital Signature Certificate (DSC) and Director Identification Number (DIN). Company Registration in Kolkata has many legal benefits.

What are the steps in the One Person Company Registration?

The process of Online Company Registration in India and One Person Company Registration fees charged on completion are as follows:

Step 1: Apply for DSC – It is a mandatory criterion

Step 2: Apply for DIN

Step 3: Name approval application – Through SPICe RUN form

Step 4: Documents required

Step 5: Filling/Approvals of forms with MCA- Documents attached to the SPICe Form, SPICe-MOA, and SPICe-AOA along with the DSC of the director and the professional. The PAN and TAN of the company have been automatically generated at the time of the Incorporation of the company.

Step 6: Issue of Certificate of Incorporation

The Company Registration in Pune can be completed in seven to ten days. There is a top consultant that makes the process more efficient and with reasonable cost. The One Person Company Registration fees depend on the nominal share capital of the company.

What is the List of Documents required for One Person Company Registration?

For incorporation of OPC, you will need to provide identity and address proof. The documents required to be submitted to the Registrar of Companies are:

1. Passport size photo

2. Copy of Aadhar card or Voter identity card

3. Copy of PAN card

4. Copy of Bank statement (not older than two months)

5. Valid address proof which can be the latest electricity bill or utility bill

6. In the case of rented office proof – A No objection certificate is required from the owner of the premises.

The minimum requirement under the Companies Act, 2013 for One Person Company Registration fees are:

1. Unique Name

2. No minimum capital requirement

3. A nominee must be appointed during the incorporation

4. Proof of Registered office

What are the Benefits provided by One Person Company?

1. Limited Liability of the company: It ensures that the personal assets of the owners are protected with limited liability protection.

2. Separate legal entity: An OPC is a private legal entity and doesn’t have any personal liability. The company can acquire assets and incur debts on its company name

3. Credibility: An OPC has higher credibility than sole proprietorship firms. The Certificate of Incorporation is issued to the OPC.

4. Fewer compliances: The Directors of OPC can also sign the annual returns; a company secretary is not required. One Person Company Registration fees depend on the nominal share capital of the company.

5. Tax Flexibility and Savings: The director’s remuneration, rent, and interest are deductible expenses that reduce the profitability of the company and this results in reduced in the taxable income of the business.

How to Check Company Registration?

The process to check company registration can be conducted on MCA with the help of the Company’s name or Corporate Identification Number (CIN). The basic three steps to a company registration name check are as follows:

1. Go to the MCA website

2. Go to the ‘MCA services’ tab. In the list of the drop-down menu, click on ‘View Company Master data /LLP’. The MCA portal provides the One Person Company Registration fees charged by the government.

3. Enter the Company’s CIN. Enter the Captcha code. Click on ‘Submit’. You can search for the CIN of the company by clicking on the search beside the ‘Company/LLP Name’ field.

The result page will display the following details given below:

• CIN
• Name of the company
• ROC code
• Registration number
• Company Category
• Company subcategory
• Class of Company
• Authorized capital
• Paid up capital
• Number of Members
• Date of Incorporation
• Registered Address
• E-mail ID
• Active Compliance
• Date of Last AGM
• Date of Balance sheet
• Company status (for e-filling)
• Assets under charge
• Directors/signatory details

How To Check Company Registration Number in India?

Anyone can check company registration number online, One Person Company Registration fees, date of incorporation, type of company, authorized and paid-up capital, registered and e-mail address, and details of all the directors of the company. The following steps for the company registration number check as given below:

Step 1: Go to the MCA website

Step 2: Click the MCA services, then select the ‘Company services’ and click on the ‘Find CIN’ button.

Step 3: Select the option ‘Company’

Step 4: Select check company registration for ‘Search based on Existing Company / LLP name

Step 5: The screen will display the option ‘Search based on Existing Company name/ LLP name. You can also select ‘Start with and enter the existing name of the company/LLP and finally click on ‘Search’.

Step 6: The CIN of the company will be written on the page.

Closure Now…

One Person Company Registration fees are divided into government and professional fees. The mandatory compliances that an OPC needs to be done imply the professional charges. For example, the statutory audit of financial statements is mandatory for OPC. However, the government fees depend on the nominal share capital of the company. 

The government fees for OPC registration are calculated by the share capital. Let’s assume we have a share capital of 10,00,000 then the fees would be Rs. 2000. However, the cost of the DIN application, stamp duty, and form filling on the MCA website are additional costs. 

In addition to the government cost, the cost of obtaining the documents like a Digital Signature Certificate (DSC) and Director Identification Number (DIN).

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