Minimum Shareholders And Directors - ONE
- Atleast ONE Nominee
- Indian Resident Director - Atleast ONE
- Director And Shareholder Can Be Same
- Minimum Authorized Share Capital To Be Rs. 1 Lac
- DIN (Director Identification Number) For All Directors
- DSC (Digital Signature) For Directors, Shareholders And Witness
- One Witness For MOA/AOA Subscriber
1. PAN CARD
2. PHOTOGRAPH
- Passport Size
3. ID PROOF
- Adhaar Card
- Voter ID
- Passport
- Driving License
4. ADDRESS PROOF
- Bank Statement
- Electricity Bill
OWNED BY ANY DIRECTOR OR SHAREHOLDER:
1. Sale deed of the Property
2. NOC from the owner (Draft Copy will be shared)
3. Latest Electricity Bill/Telephone Bill/Gas Bill
TAKEN ON RENT BY ANY DIRECTOR OR SHAREHOLDER:
1. Rent Agreement
2. NOC from the owner (Draft Copy will provide draft copy)
3. Latest Electricity Bill/Telephone Bill/Gas Bill
Companies Act says that a single person can form a company for any lawful purpose. Earlier it was minimum 2 directors for Private Limited Company.
The sole member of the company has to mention a nominee while registering the company.
OPCs can have only one member or shareholder to run the business. Also, OPC can have minimum 1 and maximum 15 directors.
OPC enjoy several privileges and exemptions under the Companies Act.
Companies Act, 2013 has not prescribed any amount as minimum paid-up capital for OPCs. But if Paid up exceeds 50 Lakhs, the OPC is to be converted to Private Limited.
Since there is only one member in an OPC, his death will result in the nominee choosing or rejecting to become its sole member.
If authorised capital is up to Rs. 10 lakhs or above and registered address is situated in specific state then stamp duty (actual basis) will be charge extra as per respective state.
In case of rejection of one RUN form, additional cost will be charged extra.