One Person Company Registration

  • Certificate of Incorporation
  • PAN & TAN
  • Affordable Price
  • Free Lifetime Consultations

Register Company Today!

Apply Now!

Procedure for OPC Registration

Complete the One Person Company Registration Application Form

Provide us Pertinent Documents

Make an Online Payment

Our Executive will manage the Application process for One Person Company Registration

We will Mail you a Certificate of OPC Registration

Call Us For Quote

We can serve our clients more efficiently thanks to cutting-edge practise technology. Connect with us


What is a One Person Company (OPC)?

In 2013, the Companies Act, 2013 introduced the concept of a 'One Person Company (OPC)'. This created an entirely new set of opportunities for budding entrepreneurs who can start a business single-handedly by creating their own single-person economic entity. A one-person company (OPC) is a refinement of a sole proprietorship.

In an OPC, a single promoter gains complete control of the company, limiting his or her liability for contributions to the enterprise. However, a director nominee is present but has no authority until the real director is unable to continue. According to Section 2 (62) of the Company's Act 2013, a company can be formed with only one director and one member. A One Person Company Registration in India is a type of entity with fewer compliance requirements than any other type of company. An OPC is simple to manage because it is run by a single person. If you are an entrepreneur looking for a one-of-a-kind success, you can register as an OPC in India.

Types of OPC

  •    OPC limited with Guarantee
  •    OPC limited with Share Capital
  •    OPC Unlimited Company

OPC Company Registration Documents

Each prospective partner's self-attested PAN card must be utilized to complete the One Person Company Registration Process.
The Self-attested address proof must include the Partner's name as it appears on their
For Indian citizens, self-attested passports, election cards or voter identification, Aadhaar cards, or any other form of identity verification is acceptable and is included in the One Person Company Registration documentation.
The Self-Attested Partner's Ownership Proof must include the most recent Electricity Bills, Telephone Bills, Gas Bills, Mobile Bills, or any other utility bills from the company's location that are no more than 2 months old.
And most recent two passport-size photos.
All directors and members are required to provide two months’ worth of bank statements.

Registration Criteria for OPC Companies

Company Registration Process for OPC Company Companies

Step 1:

Using the RUN application to reserve the OPC Company's name through Spice PART A form accessible via the MCA portal.

Step 2:

Choosing a memorable name for the OPC Company. Look up the name of the OPC Company.

Step 3:

It will take MCA 3-4 days to approve or reject the name approval request.

Step 4:

If the name is approved, the MCA will send us a name permission letter, and we must register the firm within 20 days.

Step 5:

To extend the grace period before the 20-day grace period expires, an additional fee must be paid.

Step 6:

Obtaining the DSC and DIN of the company's directors will incur additional costs.

Step 7:

Using SPICE PART B, draught the company's MOA and AOA electronically.

Step 8:

Submitting an online application for the formation of an OPC Company.

Step 9:

The application will be evaluated by the Ministry of Corporate Affairs.

Step 10:

If a company is formed, the MCA will issue a Certificate of Incorporation, PAN, and TAN.

Benefits of OPC Registration

OPC is the only corporate entity in India that can be operated by a single promoter with limited liability protection, ensuring the business's perpetual existence as well as easy ownership transferability.

In the event of the original director's incapacity or death, the only owner of the OPC shall nominate another person who is an Indian resident.

The incorporated OPC has "perpetual succession," or continuous existence until legally dissolved. Because the company has its own legal existence, it is unaffected by the death or departure of any of its members and continues to exist regardless of changes in ownership.

In OPC, ownership can be transferred by changing the nominee director's information, shareholding, or directorship, or by signing, filing, and transferring share certificates and share transfer forms, which are sufficient to transfer the company's ownership.

Due to the requirement that an OPC have its books audited annually, it has greater credibility among vendors and lending institutions.

Venture capital, financial institutions, angel investors, and other sources of funding are readily available. It is clear that banks and other financial institutions prefer to provide funding to corporations rather than partnership firms or proprietary concerns that require very little ROC filing to be registered with the Registrar of Companies.

A company with artificial person status is allowed to acquire, own, enjoy, and alienate property in its name, such as buildings, intangible assets, factories, residential property, and so on, and can claim any ownership of the company while serving as the nominee director.

A One Person Company Registration has fewer compliances, which are Reasonable and Minimum Compliance.

Only the company's investment is lost in OPC; the directors' personal assets are protected regardless of the business's debts. Because the business entity is a corporation, the entrepreneurs' assets are protected from the corporation's failures.

Because of the lack of documentation, OPC Company is simple to sell.

Because this enables quick decision making and execution, the OPC can appoint up to 15 directors to official functions without providing them with any share.

Why Choose Legal Raasta

30+ Offices in India
10+ Years Experience
Economical and Fast
Money Back Guarantee


Frequently Asked Questions

One Person Company (OPC) a new company formation, upholds the advantages of sole proprietorship and the corporate state having one member, as the Director and a nominee. The concept of OPC Registration was started by the Companies Act, 2013 to give a boost to the entrepreneurs who have the capability of commencing their venture. They are applicable to create a single person company. The OPC Registration is mandatory for all entrepreneurs.

At least one nominee is required to start an OPC who can act as a shareholder as well as a director.

The least capital demand is Rs. 1 Lakh but this amount varies from your investment. Authorized capital and investment are not the same in OPC Company. You can invest as much as you want to but when you need to incorporate a company professionally, it has to be begun with Rs.1 Lakh as capital.

Any individual/organization can become a member of One person company including foreigners/NRI’s.

The entire procedure is 100% online and you don’t have to be present at our office or any other office for incorporation. A scanned copy of documents has to be sent via mail.

a) Compliances are low b) Simple to incorporate c) Fee and expenses are less d) Body corporate e) Limited liability

No, you are not permitted to form more than 1 OPC, and nominee in your company cannot be selected as the nominee in any other OPC company.

There is absolutely no other payment. We will send you an all-inclusive invoice, with no hidden charges.

The basic necessary compliance are:- • Keeping a proper book of accounts • Statutory Audit of Financial Statements • Filing of company income tax return all year before 30th September • Recording Annual ROC return which covers form MGT

No, FDI is not permitted for OPC Company formation, if it does then it will lose its real nature of OPC.

No there are no special tax advantages available for OPC. Tax is paid at the flat rate of 30% on profits.

Normally, at LegalRaasta the registration process takes 7 working days.

If the member dies, the nominee takes over the activities of the company and within 15 days, the company has to intimate the Registrar of Companies by registering Form INC-4 with the designated fee.

• At least 1 shareholder • At least 1 director. The director and shareholder can be the same person. • Minimum one nominee • Shareholder/nominee need to be a resident of India • Minimum Rs.1 lakh to be authorized share capitals. • DSC and DIN for director

A lot of people considering an OPC registration go with the private limited company structure because it is mandatory to convert an OPC to a private or public limited company if turnover is over Rs. 2 crores or paid-up capital is over 50 Lakhs.

Yes, It is necessary to modify its memorandum and articles by giving a resolution and to give impact to the conversion and to make significant changes incidental thereto.

You need to have a bank account with a minimum balance. This could be as little as Rs. 5000. You don’t need to invest any more capital to start the business.

OPC cannot be incorporated or transformed into Section 8 Company i.e. the company with charitable purposes etc. Also, cannot carry out any non-banking financial activities, including investment in securities of all body corporate.

If OPC or any officer of such company violates the provisions of Companies Rules 2014, they shall be punishable with a penalty which may reach to Rs.10,000. And if you ignore this penalty gets to extend to Rs.1,000 for every day along with Rs.10,000 and continues.

Every company at the first Annual general meeting selects an individual or a firm as an auditor who needs to hold the office from the conclusion of that meeting to the conclusion of its 6th annual general meeting.

1. An OPC limited by shares must comply with the following requirements: a. Must have a minimum paid-up share capital of INR 1 Lac. b. Shares will not be allowed to be transferred to anyone else. c. An OPC is prohibited from giving any invitations to the public to subscribe to the securities of the company.2. When an OPC limited by shares or by guarantee enters into a contract with the sole member of the company, who is also the director of the company, the terms of contract or offer must be recorded in writing or contained in a memorandum or recorded in the minutes of the Board meeting held next after entering into the contract. 3. An OPC must inform the Registrar about every contract entered into by the company with the sole member of the company within fifteen days from the date of approval.

Yes, the OPC within 60 days from the date of applicability of sub-rule (1), provide a notice to the Registrar and notifying that it has ceased to be an OPC. Also, it is now required to change itself into a private company or a public company by way of its paid-up share capital or average yearly turnover.

An OPC is exempted from doing the following compliances: 1. Sign on annual returns 2. Hold Annual General Meetings and Board Meetings 3. Sign on Financial Statements 4. Option to dispense with the requirement of holding an AGM 5. Power of Tribunal to call meetings of members 6. Calling of the extraordinary general meeting 7. Notice of meeting 8. Statement to be annexed to notice 9. Quorum for meetings 10. Chairman of meetings 11 Proxies 12. Restriction on voting rights 13. Voting by show of hands 14. Voting through electronic means 15. Demand for poll 16. Postal ballot 17. Circulation of members’ resolution


LegalRaasta was founded on the principle that sophisticated legal and taxation services should be simple, modern, and inexpensive. We can serve our clients more efficiently thanks to cutting-edge practise technology.

By continuing past this page, you agree to our Terms and Conditions Privacy Policy and Refund Policy | Copyright © 2015-2023| All Rights Reserved