One Person Company

One Person Company (OPC) is a revolutionary concept introduced under the Companies Act, 2013, enabling a single entrepreneur to operate a corporate entity with limited liability protection. It allows an individual to enjoy the benefits of a company such as separate legal identity, perpetual succession, and credibility while maintaining complete control over the business.

Ideal for sole business owners, startups, consultants, and freelancers who seek formal company structure without involving multiple partners.

Key Features

• Single Owner, Limited Liability: Only one person acts as both the shareholder and director, but their personal assets are protected against business liabilities.
• Separate Legal Entity: An OPC is a separate entity from its owner, capable of owning property, entering contracts, and suing or being sued in its own name.
• Perpetual Succession: In case of death or incapacity of the sole member, the nominee takes over, ensuring continuity of the business.
• Less Compliance Compared to Private Limited: OPCs are exempt from holding annual general meetings (AGMs) and have relaxed compliance norms.
• Easy Funding and Banking: An OPC can easily open a corporate bank account, avail loans, and access venture capital funding post conversion into Private Limited Company if needed.
• Eligibility Restrictions: Only an Indian citizen and resident (staying in India for at least 120 days in the previous financial year) can register an OPC.

Our Process

Obtain DSC

A DSC is mandatory for filing electronically signed documents with the MCA

Apply for DIN

The DIN is a unique ID required for individuals intending to serve as directors of a company

Name Approval

Selecting the right company name is a crucial step in the registration process

File the SPICe+ Form

The SPICe+ form is an integrated online form that simplifies the incorporation process by including multiple services

Draft and File the MOA and AOA

We will prepare these documents, ensuring all vital clauses are included to reflect your company's purpose and management structure.

Obtain Certificate of Incorporation

The Certificate of Incorporation is issued by the Registrar of Companies (ROC) as proof that your company is officially registered

Documents Required

Registering a One Person Company in India involves submitting key documents that verify the identity and address of the people and entities involved. These documents are required to meet the regulations set by the Ministry of Corporate Affairs (MCA) and ensure the company complies with all legal standards.

The type of documents you'll need depends on your role—whether you're an Indian director, a foreign director, or a corporate shareholder. In addition to personal identification and address proofs, documents like a registered office address, Digital Signature Certificate (DSC), and Director Identification Number (DIN) are mandatory for the company's incorporation.

To make it easier, we have listed all the documents required for One Person Company registration.

• One passport size photograph of all Directors
• Self-attested PAN card copy of all the Directors
• Self-attested Proof of Identity of all the Directors
• Business address proof
  OR
  If rented property then rent agreement and electricity bill
• Company name or service / product name

Our dedicated risk and compliance consulting team assists clients in transforming uncertainty into advantageous prospects. We work collaboratively with organizations to identify and leverage the potential within their risk and compliance functions, enabling them to thrive in an ever-changing business landscape.

FAQs