Shape

OPC INCORPORATION IN Andhra Pradesh

Be a proprietor without the unlimited liability!
Prices start at
INR 14999 /- only

Request More Info

    One Person Company (OPC) Registration In Andhra Pradesh, India

    Start your own one-person company in Andhra Pradesh, with professional assistance from Team Clearbiz!

    An OPC structure of business solution for an entrepreneur who wants to enjoy the benefits of a private limited Company but does not want to share ownership of his/her business. As the name suggests OPC-One Person Company means there is only a single shareholder-director in the company, but for all legal and statutory purposes OPC is a separate legal entity. Come let’s get to know more.

    Here’s your guide to a successful OPC registration in Andhra Pradesh:

    Conditions for One Person Company Registration in Andhra Pradesh

    To register an OPC , the following conditions need to be met

    Natural Person and Indian Citizen:

    You must be an Indian citizen and resident for at least 182 days in the preceding financial year.

    Minimum Authorised Capital:

    The minimum authorised capital for an OPC in Andhra Pradesh is Rs.1 lakh , but there is no such mandate for paid up capital

    Nominee Appointment:

    You must appoint a nominee who will take over the company's management in case of your absence or incapacity.

    Restrictions on Certain Businesses:

    OPCs cannot operate in specific sectors like banking, insurance, or Nidhi companies.

    Conversion to Private Limited Company:

    An OPC must convert into a private limited company if its average annual turnover exceeds Rs.2 crore for consecutive financial years or its paid-up share capital exceeds Rs.50 lakh.

    Documents Required for One Person Company Registration In Andhra Pradesh

    The documents required for OPC registration include:

    1. PAN card, identity proof, and address proof of the director /nominee.
    2. Digital Signature Certificate for Director.
    3. Proof of registered office address (rent agreement, utility bill, NOC etc).

    FAQs On OPC Registration In Andhra Pradesh

    Get answers to all your queries

    GST Registration is mandatory for all businesses whose annual turnover is expected to exceed Rs 40,00,000 (in case of Goods) or RS 20,00,000 in case of service providers. Lets discuss further drop a mail at info@clearbiz.in

    An OPC structure of business solution for an entrepreneur who wants to enjoy the benefits of a private limited Company but does not want to share ownership of his/her business. As the name suggests OPC-One Person Company means there is only a single shareholder -director in the company, but for all legal and statutory purposes OPC is a separate legal entity

    An individual can register only a single OPC in his/her name

    No, OPCs are restricted from operating in certain sectors like banking, insurance, or Nidhi companies.

    Ideally, OPC registration in Andhra Pradesh can take 10 to 15 working days, However this is also dependent on MCA Approval time and completeness of documentation provided To know more Book a call at 79 499 11151

    What is a One Person Company?

    One Person Company is a slightly different structure of Private Limited Company, wherein there is only one shareholder, who also acts as the director. But since it’s a Company, the entity differs from its owner. So an OPC will enjoy the benefits of a Separate Legal Entity, Unlimited Liability, Perpetual Existence, etc just like a private limited company, but ownership is not diluted just like a sole proprietorship

    tds return
    income tax consultancy

    Benefits of a One Person Company registration In Andhra Pradesh

    1. Legal Status: An OPC grants a distinct legal identity, separating your personal assets from business liabilities.
    2. Easy Fundraising: With a limited liability structure, attracting investors becomes easier.
    3. Reduced Compliance: OPCs enjoy fewer compliance requirements compared to private limited companies.
    4. Simple Incorporation: The registration process is faster and more streamlined compared to traditional company structures.
    5. Efficient Management: Decision-making is swift and streamlined with a single director.
    6. Perpetual Succession: The company’s existence continues even after the director’s demise, ensuring business continuity.
    7. Enhanced Credibility: An OPC projects a more professional image compared to a sole proprietorship.

    Company Registration Process

    Private Limited Company Registration is a seamless and hassle-free process, once it is entrusted with our expert team. Here is an overview of the process

    Step 1: Obtaining Digital Signature Certificates (DSCs)

    Every person acting as a director of a company must hold a valid DSC. Moreover all Forms are processed online now , and digital signature is a mandatory requirement for signing

    Step 2: Applying for Director Identification Number (DIN)

    Obtaining a DIN is necessary for joining a company as a director

    Step 3: Securing a Unique and Compliant OPC Name

    Choose the right identity for your business by ensuring your OPC name is unique and compliant with the prevailing rules. Ensure it does not cause any Trademark objection

    Step 4:Keep ready  Essential Documents for Registration

    Collect necessary documents such as:

    1. Director’s Identity and Address Proof
    2. Proof of Registered Office Address
    3. Prepare Memorandum of Association (MoA) and Articles of Association (AoA)

    Step 5: Submitting the completed Incorporation Forms with the Ministry of Corporate Affairs (MCA)

    Step 6: Finally  Certificate of Incorporation From MCA/ ROC -Andhra Pradesh is issued

    Moreover, we will also provide you with a detailed checklist of post-incorporation checklists to be kept in mind so that you do not face uncalled-for compliance issues

    trademark registration in mumbai
    one person company registration in tamil nadu

    Why ClearBiz for OPC Registration in Andhra Pradesh?

    ClearBiz is a leading business service provider who take pride in its exceptionally professional and qualified team. We are a team of Chartered Accountants, Company Secretaries, lawyers and Industry experts.

    We believe in

    1. Cost-effective solutions: We do not believe in burdening our clients with professional fees, at clearbiz we are business enablers offering affordable solutions
    2. Experienced professionals: Clearbiz boasts of a team of professional experts , whose in depth knowlwdge and experience helps your business scale heights
    3. Streamlined process:We follow a highly effective checklist process that ensures you can entrust the necessary documents with us and relax. We will keep you in the loop and ensure all filings are completed just within the timelines