Introduction
A One Person Company (OPC) is a business formed by a single person. A single individual could not register or incorporate a firm before the enactment of the Companies Act of 2013. If a person desired to start a business, he or she could only do it as a single proprietorship because a corporation required at least 2 directors & 2 members.
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Incorporation of OPC
Apply for DSC
To submit the forms for OPC incorporation, digital signatures are necessary. The registration is entirely online, and all forms need a digital signature. DSC is required in the Memorandum of Association and Articles of Association for all subscribers & witnesses.
Apply for DIN
Once the Digital Signature Certificate is created, the next step is to apply for the proposed Director Identification Number (DIN) in the SPICe Form, along with the director's name and residence proof.
Application for Name Approval
The next step in registering an OPC is to choose a name for the company. In the Form SPICe+ 32 application, the name