YOUR ONLINE COM PANION FOR COM PANY, TAX AND LEGAL MATTERS.

WWW.LEGALRAASTA.COM

ONE PERSON COMPANY GUIDE

ONE PERSON COMPANY

What is a One Person company

The idea of One Person Company (OPC) in India was introduced to give a
boost to entrepreneurs who have great potential to start their own
venture by allowing them to create a single person company. One of the
main benefit of an OPC is only one member is required in a OPC, while a
minimum of two members are required for forming and maintaining a
Private Limited Company or a Limited Liability Partnership. An OPC since
has a separate legal entity and it ensures protection to owner by limiting
his liability, easy to set up and maintain comparatively.
But, if an OPC exceeds a turnover of over Rs. 2 crore or has a paid-up
capital over and above Rs. 50 lakhs, it must be turned into a private or
public limited company within six months.

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ADVANTAGES
Separate Legal Entity
An One Person company is a
legal entity and a juristic
person established under the
Act.

Limited Liability
Members personal assets are
safe and liability of members is
limited to the assets of
company.

Uninterrupted Existence
A company has perpetual
existence and stays unaffected
by death of any of its members
or change in ownership.

Borrowing Capacity
Banks and financial institutions
prefer lending to the company
rather than proprietary firms. So
it is preferable to register your
startup as a One Person private
limited rather than proprietary
firm.

Full Control as the Sole

owner

The more are the members the

more longer time it takes to take
a decisions and execute them.
Being sole owner ensures that
you can take quick decisions
and executions.

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Key steps of formation of One Person

Company
Application for registering DSC of
Director 1 day
Application for DIN/DPIN 1 day
Name Approval- After first 2 complete.
4-6 days
Drafting and Filing of MOA/AOA 2-3
days
Filing Incorporation Documents 1 day
& Incorporation Certificate 4-5 days

The whole process may take 13-17 days depending on the

approvals from ROC

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Documents in
respects of
Owner
Pan Card Copy
ID Proof
Aadhaar Card/
Voter's ID/
Passport/
Driving License
Residential
Proof - Latest
Bank
Statement/
Telephone or
Mobile Bill/
Electricity or
Gas Bill
Passport Size
Photograph

Other
documents
Latest
Electricity Bill/
Telephone Bill/
Gas Bill for
registered
office address
Rental
Agreement (if
rented
property)
Sale Deed/
Property Deed
(for owned
property)

Documents that
will be sent by
us for your
attestations/sign
atures
MOA and AOA
Consent Letter
NOC - No
Objection
Certificate

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Inclusions

Basic

Standard

Premium

Consulting/ Advisory Services

DIN of one Director

1 DSC USB Token-2 year validity

Government Fees for name Approval and

Incorporation

Stamp Duty For Incorporation

Government Fee for 1 Lakh Capital

Drafting of MOA and AOA

Drafting and Filing of all documents

pertaining to Incorporation

OPC Incorporation Certificate

PAN Card for Company

Tan Registration

Trademark Registration

Domain Name

Package price (Rs.) 12,4

99

17,8
99

19,3
99

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ABOUT LEGALRAASTA

About us
We are committed to helping you grow your business and add value through our
expertise. We aim to deliver a hassle-free experience so that you can focus on your
core business.
Our mission is to offer affordable, quick and automated professional services to clients.
Through technology, we bring numerous government/ legal forms at one place
and have simplified them to be fully understood by common man.
Legalraasta.com is a one destination for your legal matters relating to:
1. Forming any type of business entity (e.g., Pvt. Ltd Co, LLP etc)
2. Filling individual and company return
3. Helping on company compliances such as ROC filings & minutes
4. Protecting work through trademark & copyright

Our team

LegalRaasta.com has been founded by a team of Chartered Accountants and

professional advisors. We currently have a network of 100+
professionals including experienced Chartered Accountants, Company
Secretaries, Lawyers, Cost Accountants, Chartered Engineers and Bankers.
Pulkit Jain, founder of Legalraasta, has over 5+years experience in
CA and Legal domain. He has worked with the top CA firms in India and has
served large corporate and MNCs

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Cost effective

Trusted

Businesses are always under

intense time and cost pressures.
With our great packages 40%
savings are ensured compared
to typical CA/ Lawyer

We are a trustworthy partner

which has been serving startups
& companies for past several
years. Our growth numbers
stand as a testimony:

200+ clients

100+ services

30+ testimonials

Expertise

By teaming up with us , you

will have an access to network
of 100+ experts. You can gain
the peace of mind in knowing
that your accounting tasks are
done properly by qualified,
experienced and
knowledgeable professionals
in
the Online
field.
Easy
Process
You dont have to deal
with the typical
headaches involved with
face to face meeting and
visiting government
offices. Our process is
100% online. Fill out
simple forms and you
are done!!

Partner/ Affiliations
We are an e-filing intermediary and have
been facilitating filing of hundreds of ereturns. We are also registered with emudhra for issue of Pan cards. There are
multiple other associations with CA &
legal firms.
Our site has been secured by SSL to
protect your personal & payment details

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Company formation/ Startup

Forming an LLP
Form an OPC
Form a Pvt. Ltd. Co.
Form a Public Company
Registering Partnership
Sole proprietorship

Tax filings
Individual Return
Service tax Return
LLP Annual Filing
Vat/Tin return
Company Annual Filing
TDS Return Filing

Running you business

Legal documentation

Register trademark
Register Digital signature
Register Pan Card
Register IEC
File copyright
Sales tax registration
Service tax registration
Increase authorized share capital
Change of office address

Late rent notice

DSA Agreement
Website Terms & Conditions
Cheque Stop Payment Letter
Cheque bounce notice
Section 138 Notice
Account Opening Resolution
Offer Letter/ Appointment Letter

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Our team always endevour to serve you best. Feel free to reach out
to us at:

www.legalraasta.com
Mail: contact@legalraasta.com, M: +919999379929

Corporate office
B-186, Lok Vihar, Pitampura, Delhi 110034 India

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