One Person Company Registration in Ahmedabad

One Person Company Registration in Ahmedabad

Starting your business is exciting, but it comes with many questions. The most important question is which business structure to follow. For solo entrepreneurs in Ahmedabad, a One Person Company (OPC) is the perfect option. It allows a single person to start and run a company with full control. The company enjoy the benefits of limited liability and a separate legal identity. The process of incorporating an OPC in Ahmedabad is easy and entirely online.

What is a One Person Company (OPC)?

A One Person Company (OPC) is a type of private limited company incorporated under the Companies Act, 2013, in which only a single individual is the owner of the company. An OPC has only one shareholder, but it can have as many directors as possible. The company itself becomes a separate legal entity after incorporation. It can own property, sign contracts, have its own bank account, and handle legal matters independently in its own name.

In Ahmedabad, an OPC is best for:

• Individuals
• Freelancers
• Professionals
• Small business owners
• Traders and retailers
• Consultants and Trainers

Eligibility Criteria to incorporate an OPC in Ahmedabad

Meet the following eligibility criteria to incorporate an OPC in Ahmedabad:

• The owner must be a resident of India. It means the owner must have stayed in India for at least 120 days during the previous financial year.
• The owner must be at least 18 years old and legally capable of entering into a contract.
• Only one person can be the director and shareholder of the OPC.
• The company must also have one nominee, who will take over the company in
• The shareholder has to be a human being. A company cannot be a shareholder of an OPC.
• The annual turnover of the business must not exceed ₹2 crore.
• You cannot form more than one OPC at a time.

OPC Vs Sole Proprietorship Vs Private Limited Company: Which is Better?

Limitations of OPC

1. It can have only one director and one shareholder.
2. Cannot raise funds from the public.
3. Annual turnover must not exceed ₹2 crore.
4. Must convert into a private limited company if turnover exceeds the limit.
5. Cannot carry multiple unrelated business activities outside the approved MOA.
6. Foreign citizens cannot form an OPC in India.

Documents Required for OPC Registration in Ahmedabad

1. PAN card, Aadhaar card, Passport of the director and nominee.
2. Utility bills, rental agreement/lease agreement/ or sale deed or any other property ownership proof of the director and nominee
3. Recent passport-sized photographs of the director and the nominee.
4. Proof of registered office of the company in Ahmedabad. You can attach a utility bill or an NOC from the property owner if the property is rented.
5. Memorandum of Association (MOA)
6. Articles of Association (AOA).
7. Digital Signature Certificate (DSC) of the director and the nominee.
8. Director Identification Number (DIN) of the director.

Online Process for OPC Registration in Ahmedabad

Step 1: Obtain a Digital Signature Certificate (DSC)

The DSC is used to sign documents that need to be submitted online. It is issued by government-recognised certifying authorities.

Step 2: Obtain a Director Identification Number (DIN)

The MCA assigns each director of a firm a unique identification number known as a DIN.  Each director has a different and new number. The SPICe+ Form on the MCA portal is used to submit the DIN application.

Step 3: Reserve a Company Name

Once you obtain the DSC and DIN, you need to file an application to reserve the company’s name. The name must be new, unique, and not similar to any existing company. An application in the form SPICe+ form for name reservation must be submitted after proposing 2 names in the priority order online at the MCA portal. The name will be reserved for 20 days from the date of approval by the MCA.

Step 4: Draft the Memorandum of Association (MoA)

Once the name of your company is approved, the next step is to prepare the Memorandum of Association (MoA). The MoA is the constitution of your company. It defines the goal, objectives, scope of activities of the company, what your company is formed to do and how it plans to function.

Step 5: Draft the Articles of Association (AoA)

The Articles of Association (AoA) act as a rulebook for your company. It sets out how the company will be managed internally. It defines the power of the director over how meetings and decision-making will take place. It also covers important details such as share capital, voting rights, and administration.

 Step 6: Submit the incorporation documents

After drafting the MoA and AoA, you will need to file them online with the Registrar of Companies (ROC) through the MCA portal.

• The MoA is filed in Form INC-33.
• The AoA is filed in Form INC-34.

You also need to attach the following documents, pay the government fees, and upload the nominee’s consent form.

• Identity and Address Proof of Director and Shareholder(s)
• Proof of the Registered Office Address
• Consent and declaration by the director and the shareholder – Form INC- 9

Step 7: Appoint a Nominee

As per the Companies Act, 2013, it is mandatory to appoint a nominee in an OPC. A nominee is a person who will take over the company if the sole owner passes away or becomes unable to run the business.

Before the appointment, the nominee has to provide written consent in Form INC-3, in which the nominee confirms their consent to act as a nominee. This consent is then submitted to the MCA, along with the incorporation documents.

Step 8: Obtain a Certificate of Incorporation

When RoC verifies all the compliance requirements of the company and all the documents, a Certificate of Incorporation will be issued by the ROC. The certificate officially states that the OPC is incorporated, officially marking the formation of your OPC. The certificate includes the Corporate Identification Number (CIN), which is the unique Identification number for each company. 

Step 9: Open a Bank Account

After applying for a PAN and TAN, a new bank account in the company's name must be opened to enable the company to conduct financial transactions.

Post-Incorporation Compliances for OPCs in Ahmedabad

Incorporating an OPC is not enough; it has to file the following every year to legally operate in India:

• File the financial statements
• File the Annual Return
• File the DIR-3 KYC form
• File the Tax returns
• File the GST returns (if registered)

Common Mistakes to Avoid During OPC Registration

• Choosing a company name similar to an existing one
• Not appointing a nominee at the time of registration
• Submitting incorrect or mismatched documents
• Ignoring annual compliance requirements
• Ignoring annual compliance requirements

Why Choose Kanakkupillai for OPC Registration in Ahmedabad?

Ahmedabad has become one of India’s most promising startup cities, home to young professionals, tech entrepreneurs, and independent consultants. Setting up a company here is easy when you have the right guidance. Kanakkupillai is there to simplify the entire OPC registration process for you. We provide:

• Expert guidance for entrepreneurs, freelancers, and professionals.
• Quick and 100% online OPC registration through the MCA portal.
• Complete assistance in preparing the MoA, AoA, and other mandatory documents.
• Quick and timely communication and compliance updates.
• Affordable service packages with no hidden costs.
• Local support for Ahmedabad entrepreneurs at every stage of incorporation.