Himali Atoliyaдобавил заметку 3 дня назад
OPC Registration with GST: Legal Setup for Solo Founders
Starting a business as a solo founder in India has become much easier with the introduction of the One Person Company (OPC) structure under the Companies Act, 2013. OPC registration allows a single entrepreneur to operate a company with a separate legal identity and limited liability, without needing a co-founder or partner. This model is ideal for individual professionals, consultants, freelancers, and small business owners who wish to enjoy the advantages of a private limited company while maintaining complete control over their operations.
The OPC registration process begins with obtaining a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the sole director. The next step involves reserving a unique company name using the SPICe+ Part A form on the MCA portal. Once the name is approved, SPICe+ Part B is used to submit incorporation documents such as PAN, Aadhaar, proof of registered office address, and the nominee’s consent form. After successful verification, the Ministry of Corporate Affairs issues a Certificate of Incorporation (COI) along with a Corporate Identification Number (CIN).
Once the OPC is registered, obtaining GST registration becomes essential if the company’s annual turnover exceeds ₹40 lakhs (₹20 lakhs for service providers), or if it is engaged in inter-state supply or e-commerce. GST registration provides a legal framework to collect taxes from customers and claim input tax credit on business expenses. The process is online and requires documents like PAN of the company, address proof, bank details, and DSC of the director.
Combining OPC registration with GST compliance ensures your business meets all regulatory requirements from day one. It enhances credibility, makes the company eligible for government tenders, loans, and grants, and facilitates seamless interstate business. For solo founders, setting up an OPC with GST registration is a smart move that lays a strong foundation for future growth, scalability, and legal protection. For more information, click the link below: