A One Person Company (OPC) is a revolutionary business structure introduced under the Companies Act, 2013, designed specifically for solo entrepreneurs who want to enjoy the benefits of a corporate entity while maintaining complete ownership and control. OPC combines the simplicity of a sole proprietorship with the legal protection and credibility of a private limited company.
"One Person Company is the perfect business structure for ambitious solo entrepreneurs who want limited liability protection without the complexity of multiple shareholders."
With OPC registration, you get a separate legal entity status, perpetual succession through a nominee director, and access to better funding opportunities. Our expert team guides you through the entire OPC registration process, from name approval to incorporation certificate.
Start your solo venture with limited liability, full control, and corporate credibility.
A One Person Company (OPC) is a business structure introduced under the Companies Act, 2013 that allows a single person to form a company with limited liability. It combines the benefits of a sole proprietorship (single ownership) with the advantages of a private limited company (limited liability and separate legal entity).
Only a natural person who is an Indian citizen and resident in India can incorporate an OPC. NRIs are now also eligible to register an OPC. The person must have stayed in India for at least 120 days in the previous financial year. A person can be a member in only one OPC at a time.
A Nominee Director is a person nominated by the sole member of an OPC who shall become the member in the event of death or incapacity of the original member. This ensures business continuity and perpetual succession. The nominee's written consent (Form INC-3) must be filed during incorporation.
Required documents include: PAN Card and Aadhaar of the member, passport-sized photographs, address proof (bank statement/utility bill), proof of registered office (rent agreement/NOC), Digital Signature Certificate (DSC), nominee's identity and address proof, and nominee consent in Form INC-3.
Yes, an OPC can be converted to a Private Limited Company voluntarily at any time or mandatorily when its paid-up capital exceeds Rs. 50 lakhs or average annual turnover exceeds Rs. 2 crores during the preceding three consecutive years. The conversion process involves passing a special resolution and filing forms with the ROC.
