One Person Company Registration in Gurgaon

One Person Company Registration in Gurgaon

The concept of a One Person Company (OPC) was introduced under the Companies Act, 2013, to empower solo entrepreneurs to operate with the various benefits of a private limited company. It also allows a single individual to serve as both a shareholder and a director of the company, while still enjoying limited liability and corporate recognition.

Gurgaon (officially Gurugram), as one of India’s leading business and IT hubs, offers a supportive ecosystem for entrepreneurs to grow and scale their businesses. From tech startups to consultancy firms, an OPC registration in Gurgaon is suitable for industries seeking credibility, compliance, and growth opportunities.

Why Register a One Person Company in Gurgaon?

1. Business Credibility: An OPC has a separate legal identity, which enhances the business’s reputation among clients, investors, and vendors.
2. Limited Liability: The shareholder’s personal assets are protected, as liability is limited to the amount invested.
3. Ease of Management: Being a single-owner company, decisions can be made quickly without the need for board meetings or multiple approvals.
4. Access to Funding: The Banks and financial institutions are more likely to provide loans to registered companies.
5. Suitable for Professionals: It is ideal for consultants, freelancers and professionals who wish to operate under a corporate identity.

Eligibility Criteria for OPC Registration in Gurgaon

1. Number of Members: Only one individual can be the shareholder and director.
2. Nominee Requirement: A nominee must be appointed who will take over in case of the shareholder’s death or incapacity.
3. Residency: The director and nominee must be Indian residents.
4. Minimum Capital: No minimum capital requirement, but it can be started with any amount suitable for the business.
5. Business Type: The OPC cannot engage in Non-Banking Financial Investment activities or convert into a Section 8 company.

Documents Required for OPC Registration in Gurgaon

For the Director and Nominee:

• PAN Card
• Aadhaar Card
• Passport-size photographs
• Proof of residence (Latest utility bill or bank statement)

For the Registered Office:

• Rent Agreement / Property Ownership Proof
• NOC (No Objection Certificate) from the property owner
• Utility bill (Electricity/Water bill) not older than 2 months

Additional Documents:

• Consent of nominee in Form INC-3
• Declaration and affidavit by the director

Step-by-Step Process of OPC Registration in Gurgaon

1. Digital Signature Certificate (DSC): To obtain a DSC for the proposed director to sign and file online documents.
2. Director Identification Number (DIN): Apply for a DIN, which serves as a unique identification number for the company director.
3. Name Reservation: Choose a unique or novel name for your company and get it approved through the RUN (Reserve Unique Name) service on the official MCA portal.
4. Drafting Documents: Draft the Memorandum of Association and Articles of Association, along with the nominee consent and declarations.
5. Filing Incorporation Application (SPICe+ Form): File the SPICe+ (INC-32) form on the MCA official website along with the required attachments.
6. Verification and Approval: Once the Registrar of Companies verifies and examines all the required documents, the Certificate of Incorporation will be issued.

Timeline for OPC Registration in Gurgaon

Total Time: Around 10–12 working days (subject to document accuracy and MCA approval).

Benefits of One Person Company Registration in Gurgaon

1. Separate Legal Entity: It provides the legal recognition which is distinct from the owner.
2. Limited Liability: It protects personal assets from business liabilities.
3. Perpetual Succession: The nominee ensures business continuity.
4. Tax Benefits: The OPCs can enjoy the various tax deductions and benefits under the Income Tax Act.
5. Easy Conversion: It can be easily converted into a Private Limited Company when the business expands.
6. Increased Credibility: The Registered companies gain more trust from investors and clients.
7. Single Ownership: It allows full control while enjoying the various corporate benefits.

Post-Registration Compliance for OPC in Gurgaon

1. Annual Filings: File annual returns (Form MGT-7A) and financial statements (Form AOC-4) with ROC.
2. Income Tax Filing: File the income tax returns every year before the prescribed due date.
3. Maintenance of Books: Need to maintain the proper books of accounts and the financial records.
4. Statutory Audit: Conduct an annual audit by a Chartered Accountant.
5. GST Registration: If turnover exceeds the limit of ₹40 lakhs (or ₹20 lakhs for service sector), GST registration is mandatory.
6. Board Meetings: At least one board meeting should be conducted in each half of the financial year.

Why Choose Us for OPC Registration in Gurgaon?

We provide end-to-end assistance in registering your One Person Company with accuracy and speed. Our services include: 

• Expert guidance on legal eligibility and structure.
• Seamless digital documentation and filing.
• Quick name approval and ROC processing.
• We provide affordable packages with no hidden costs.
• Post-incorporation support, which includes GST, accounting and compliance.