One Person Company Registration
One Person Company Registration By Expert Mantra
Expert Mantra offers One Person Company registration, covering Government Fees & Stamp Duty. You’ll receive a complete incorporation kit with share certificates.*
Simple and streamlined process
Quick and hassle-free registration
Guidance from our in-house experts
100% online documentation for your convenience
What is OPC Registration?
One Person Company (OPC) is a relatively new business structure in India, introduced under the Companies Act, 2013. It allows a single individual to incorporate a company, which was not possible before this Act came into force. An OPC combines the legal benefits of a company with the flexibility of a sole proprietorship.
As per Section 2(62) of the Companies Act, 2013, an OPC can be formed with just one director and one member—and these can be the same individual. This makes it an ideal choice for entrepreneurs who wish to run a company independently, with fewer compliance requirements compared to a Private Limited Company.
Whether you are a resident or a non-resident Indian (NRI), you can register an OPC in India under the Companies Act, 2013, and enjoy the advantages of limited liability, legal recognition, and simplified management.
Why Choose Expert Mantra for One Person Company Registration?
Expert Mantra has a dedicated team of registration specialists who offer end-to-end guidance to help you set up your sole proprietorship seamlessly.
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Documents Needed for OPC Company Registration
Bank Statement
(Scanned Copy)
A recent bank statement, obtained via internet banking or from the bank, serves as proof of financial details. It may also be called an account statement or transaction summary and must be submitted digitally.
Utility Bill
A recent electricity, gas, water, or phone bill verifies the registered office address. Internet or cable TV bills may also be accepted. The bill must be in the applicant’s name or accompanied by supporting documents.
Rental Agreement
If the premises are rented, a scanned copy of the rental agreement in English must be provided. It should clearly mention the tenant’s name and address, matching the details used in the OPC registration application.
No Objection Certificate (NOC)
A digital copy of the property owner’s NOC is required to use the premises as the company’s registered address. This complies with Section 12 of the Companies Act, 2013, and is submitted with the incorporation documents.
Property or Sale Deed
If the office premises are owned, a scanned copy of the sale deed in English must be submitted. This legal document proves ownership and may also be called a conveyance deed or final deed in property transactions.
Steps to Incorporate a One Person Company in India
Step 1: Verify eligibility criteria and gather required documents.
Step 2: Obtain DSCs and DINs for the director.
Step 3: File name reservation request and submit Form SPICe+ for incorporation.
Step 4: Apply for PAN and TAN for the new business.
Step 5: Receive the Certificate of Incorporation from RoC, along with PAN and TAN.
Step 6: Open a current bank account and commence business operations.
With Expert Mantra, the entire OPC registration process can be completed in just 20 days—quick, hassle-free, and professionally handled from start to finish.
Checklist for One Person Company (OPC) Registration
Ensure compliance with minimum and maximum membership requirements.
Appoint a nominee before incorporation.
Obtain the nominee’s consent using Form INC-3.
Choose a company name as per Companies (Incorporation) Rules, 2014.
Maintain a minimum authorized capital of ₹1 lakh.
Acquire the Digital Signature Certificate (DSC) of the proposed director.
Provide valid proof of the registered office address.
Features of a One Person Company (OPC)
1. Easy Succession
An OPC ensures perpetual succession even with a single member managing daily operations. In the event of the member’s demise, the nominated individual can seamlessly take over and continue running the company.
2. Limited Liability
The OPC is a separate legal entity, meaning the member’s liability is limited to their shareholding. Creditors can claim only from the company’s assets—not the personal assets of the member—even in cases of bankruptcy.
3. Sole Directorship and Shareholding
A single person can act as both director and shareholder, handling day-to-day operations without the need for an executive director. This allows complete control and decision-making power to rest with one individual.
4. Ownership of Property
As a separate legal entity, an OPC can own property—such as buildings, machinery, or land—under its name. These assets cannot be claimed by another person, ensuring full legal ownership for the company.
Restrictions on a One Person Company (OPC)
While OPCs offer several benefits, they also have certain limitations that entrepreneurs must consider.
1. Limited Scope for Scalability
OPCs are ideal for small business setups but not suitable for large-scale expansion. By law, an OPC can have only one member at any time, making it impossible to add shareholders or raise significant capital. This restricts growth potential.
2. Restrictions on Business Activities
As per legal provisions, OPCs cannot engage in non-banking financial investment activities or invest in the securities of other companies. This limits the scope of operations and investment opportunities.
3. Overlap of Ownership and Management
In an OPC, the sole member is both the owner and the decision-maker. This lack of separation between ownership and management increases the chances of biased decision-making or unethical practices.
Advantages of a One Person Company (OPC) in India
Legal Standing
An OPC enjoys a separate legal entity status, protecting the sole member from personal liability. The member’s responsibility is limited to the value of their shares, and creditors can sue only the company—not the individual.
Easy Access to Funding
Being a private company, an OPC can raise funds from venture capitalists, angel investors, incubators, and other sources, making financing opportunities more accessible.
Reduced Compliance
OPCs are exempt from certain compliance requirements under the Companies Act, 2013. They are not required to prepare a cash flow statement or appoint a company secretary for filing annual reports.
Simple Incorporation
Forming an OPC is quick and hassle-free, with no minimum paid-up capital requirement. A member who is also a director simply needs to provide consent for incorporation.
Easy Management
With one person making decisions, operations are swift and straightforward. Resolutions can be passed easily without internal disputes or delays, ensuring smooth company management.
Perpetual Succession
Even with a single member, an OPC ensures business continuity. A nominee appointed during incorporation can take over in case the member passes away.
Comparison of Proprietorship, Partnership, LLP, and Company Structures
| Features | Proprietorship | Partnership | Limited Liability Partnership (LLP) | Company |
|---|---|---|---|---|
| Definition | Unregistered business owned and managed by a single person | Business run by two or more individuals through a formal agreement | Hybrid structure combining partnership flexibility with limited liability like a company | Registered entity with limited liability for owners and shareholders |
| Ownership | Sole ownership | Minimum 2 PartnersMaximum 50 Partners | Designated Partners | Minimum 2 DirectorsMinimum 2 ShareholdersMaximum 15 DirectorsMaximum 200 ShareholdersFor OPC: 1 Nominee Director and 1 Director |
| Registration Time | 7–9 working days | 7–9 working days | 7–9 working days | 7–9 working days |
| Promoter Liability | Unlimited liability | Unlimited liability | Limited liability | Limited liability |
| Documentation | MSME / GST Registration | Partnership Deed | LLP Deed, Incorporation Certificate | MOA, AOA, Incorporation Certificate |
| Governance | – | Partnership Act | LLP Act, 2008 | Companies Act, 2013 |
| Transferability | Non-transferable | Transferable if registered under ROF | Transferable | Transferable |
| Compliance Requirements | Income Tax filing if turnover exceeds ₹2.5 lakh | ITR-5 | Form 11, Form 8, ITR-5 | ITR-6, MCA filings, Auditor appointment |
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Frequently Asked Questions…
What is a One Person Company (OPC)?
A One Person Company is a business structure introduced under the Companies Act, 2013, that allows a single individual to register and operate a company while enjoying the benefits of limited liability and a separate legal entity.
What are the benefits of registering as an OPC?
OPC registration offers advantages such as limited liability protection, a separate legal identity, simple management, fewer compliance requirements, and perpetual succession through a nominee.
Who can register as an OPC?
Any Indian citizen, whether a resident or non-resident, can register an OPC. The individual must be at least 18 years old and cannot be part of more than one OPC at a time.
What documents are required to register as an OPC?
Key documents include a recent bank statement, utility bill, proof of registered office (rental agreement or ownership documents), Digital Signature Certificate (DSC), PAN card, Aadhaar card, and nominee consent form (Form INC-3).
What is the process for registering as an OPC?
The process involves obtaining DSC and DIN, reserving the company name, submitting incorporation forms (SPICe+), applying for PAN and TAN, and receiving the Certificate of Incorporation from the Registrar of Companies (RoC).
How long does it take to register as an OPC?
With proper documentation, OPC registration can typically be completed within 15–20 working days.
What are the annual compliance requirements for an OPC?
An OPC must file annual returns, maintain statutory registers, conduct board meetings as per rules, and submit financial statements to the RoC.
Can an OPC be converted into a private limited company?
Yes, an OPC can be voluntarily converted into a private limited company after meeting the required conditions or mandatorily if its paid-up share capital exceeds ₹50 lakh or turnover crosses ₹2 crore.
What is the minimum capital requirement for registering as an OPC?
There is no minimum paid-up capital requirement for registering an OPC under the Companies Act, 2013.
