One person Company Registration

One Person Company consists of a single person; it can be formed by subscribing to the memorandum of association and fulfilling other details provided in the Companies Act 2013. Information related to the nominee and who will hold the authority in case of demise of the original owner should be provided in the memorandum of association.

Once the memorandum of association is completely available on paper; submit it along with the nominee’s consent to his nomination to the Registrar of Companies. Though nominee can extract his/her name at any point in time by submitting the application to the Registrar.

• Easy to create and run
• Minimum Paperwork
• A Separate Legal Entity
• Easy Funding
• Limited Liability
• Minimum one director
• Exemption from the third party
• Free from multiple compliances
• No minimum paid-up share capital
• Increase Trust
• Receive Interest on any late payment
• Remains unaffected with the credit rating
• Deduction under Income Tax Law

• Memorandum of Association (MoA); states why the company comes into existence.
• Article of Association (AoA), consists of the laws on which the company will operate.
• A proof of nominee consent in Form INC-3 along with nominee’s PAN card and Aadhar card
• NOC from the owner and proof of registered company office
• Affidavit of the proposed director in the Form INC-9 and DIR-2 respectively

• Conducting a minimum of two board meetings as stated under the Act.
• Statutory audit of financial statements by a chartered accountant
• Appointment of Auditor
• Filing of ITR
• Annual filings to the registrar of companies
• Keeping up statutory registers
• Form AOC-4 for financial statement
• MGT-7 for an annual return

Do you want to register with as PVT LTD Company and looking for PVT LTD Company registration consultant ? Then we are can help you in that also.