Home One Person Company

One Person Company

Features of One Person Company

1. Required Minimum 1 Director and 1 Shareholders

2. Investment not Possible

3. Body Corporate and Benefits of Limited Liability

4. Alternate for Sole proprietorship

5. Cannot Access Public Funds

6. Can have only one Shareholder

7. Conversion of One Person Company to normal private Limited Company can be Made

Documents Required For One Person Company Registration

1. PAN of all Directors

2. Voter ID/DL/Aadhar Card/Passport of All Directors /Shareholder/Nominee

3. Passport Photo of all Directors

4. Latest Bank Passbook/Statement or Electricity/Broadband Bill

5. Latest utility bill (electric bill/telephone bill) and Rent Agreement or latest tax receipt/ownership deep of the property for the property to be used for registered office.

Step By Step Procedure

Step 1- Application for Obtaining DSC (Digital Signature)

Step 2- Preparation and Signing of Incorporation Documents

Step 3- Filing of Incorporation Form to MCA

Step 4- Waiting For Approval from ROC

Step 5- Certificate of Incorporation

Time Required

Step 1- 1 Day

Step 2 and 3 – 1 Day

Step 4 and 5- Time Taken by MCA