One Person Company (OPC)

One Person Company Registration

Register your OPC and enjoy the benefits of a Private Limited Company with single ownership. Perfect for solo entrepreneurs who want limited liability.

Single Member

Only one person required to start. You are the sole shareholder.

Limited Liability

Your personal assets are safe and protected from business debts.

Separate Entity

The company is a distinct legal entity separate from its owner.

Benefits of One Person Company

Why solo entrepreneurs prefer the OPC structure.

Limited Liability

Owner's personal assets are protected in case of business losses

Single Ownership

Complete 100% control of the company with just one person

Separate Entity

Company is a distinct legal entity with perpetual succession

Easy Funding

Easier to raise funds from banks and financial institutions

Credibility

Corporate structure offers better credibility than proprietorship

Easy Conversion

Can be easily converted to a Private Limited Company later

Who Should Choose This?

OPC is the perfect bridge between a sole proprietorship and a private limited company.

  • Solo entrepreneurs wanting limited liability
  • Individuals starting a new business venture
  • Freelancers and consultants scaling their business
  • Small business owners upgrading from proprietorship
  • Professionals wanting corporate structure
  • First-time business owners with single ownership

Documents Required

PAN Card - Member & Nominee
Aadhaar Card - Both
Passport Size Photos
Address Proof - Both
Business Address Proof
Nominee Consent Form
Registration Timeline
10-15 Working Days

Our Registration Process

Step-by-step roadmap to forming your One Person Company.

1
Step 1
DSC & DIN

Obtain Digital Signature Certificate and Director Identification Number

2
Step 2
Name Approval

Reserve unique company name with Ministry of Corporate Affairs (MCA)

3
Step 3
File SPICe+ Form

Submit incorporation application along with all required documents

4
Step 4
Incorporation

Receive Certificate of Incorporation (COI) with CIN number

5
Step 5
Post-Compliance

Apply for PAN, TAN, and open a current bank account

Government Fees

Includes varying MCA fees and stamp duty charges.

₹6,000 - 8,000(approx)

OPC Compliance Requirements

OPC enjoys relaxed compliance norms compared to Private Limited Companies, but statutory filings are still mandatory.

Annual Filings

  • Annual Return (MGT-7A) - Simplified form for OPCs
  • Financial Statements (AOC-4) - Annual accounts
  • Income Tax Return - By 30th September
  • Board Meetings - Minimum 1 per half year
  • Directors Report - If turnover > ₹2 Crores
  • Nominee Consent - Update if changed

Key Exemptions

  • No requirement to hold Annual General Meeting (AGM)
  • Only 2 Board Meetings required (vs 4 for Pvt Ltd)
  • Cash Flow Statement not required in financials
  • Compliance Officer appointment not mandatory
  • Simplified Annual Return Form MGT-7A
  • Rotation of auditors not applicable

Mandatory Conversion

If paid-up capital exceeds ₹50 Lakhs OR average annual turnover exceeds ₹2 Crores, the OPC must be converted into a Private Limited Company.

Register Your OPC Today

Start your company with expert guidance. We handle complete documentation, name approval, and post-registration compliances for you.

Call Us
+91 1145768153
+91 8076856909
Email Us
contact.comtaxconsultants@gmail.com
Book Free Consultation

End-to-End Company Formation

TaxBot Assistant

Online | Replies instantly

Hi! I am TaxBot. How can I help you today?