Company Registration
One Person Company (OPC) Registration
A One Person Company lets a single entrepreneur enjoy the benefits of a corporate structure — limited liability and a separate legal identity — without needing a co-founder.
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What is a One Person Company (OPC)?
A One Person Company (OPC) was introduced under the Companies Act, 2013 to allow a single individual to incorporate a company on their own. The sole member holds full ownership and control, while a nominee is appointed at the time of incorporation to ensure business continuity.
Key Features
Single Shareholder
Only one shareholder owns and controls the company.
Nominee Requirement
A nominee must be appointed at the time of incorporation.
Additional Directors
Additional directors can be appointed while ownership remains with one person.
Separate Legal Identity
OPC has a separate legal identity from its sole member.
Mandatory Conversion
OPC converts into Private Limited Company after crossing prescribed limits.
Business Restrictions
Certain businesses like NBFC cannot be structured as OPC.
Advantages
Complete Control
Complete control for a solo entrepreneur without requiring a co-founder.
Limited Liability
Limited liability protects personal assets from business debts.
Better Credibility
Greater credibility with banks, vendors and clients compared to proprietorship.
Easy Decision Making
Faster decisions as ownership remains with a single member.
Growth Opportunity
Acts as a stepping stone before converting into a Private Limited Company.
Documents Required
PAN and Aadhaar card of the proposed director(s)
Mobile number and email ID of the proposed director(s)
Electricity bill, not older than 2 months, for the registered office address
Capital structure of the company and shareholding percentage of each subscriber
A unique mobile number and email ID to be used for the company — the incorporation certificate is delivered here
Latest bank account statement of all directors, if a director does not already have a DIN
Educational qualification details of directors without an existing DIN
Passport-size photograph of all directors