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    Form a separate legal entity with just one member

    Minimal paperwork and compliances
    For small traders, low risk entrepreneurs, artisans and service providers
    Conversion to other type of legal entities

    One Person Company

    One Person Company or OPC is a new structure to form business by a single entrepreneur with limited liability. Regulated by Companies Act, 2013 in India LLP is registered with Registrar of Companies (RoC) under Ministry of Companies (MCA).
    It has a separate legal entity distinct form its promoter. Limited Liability Partnership can be incorporated by a natural resident person & one nominee director needs to be appointed in the event of disability of original promoter.
    In the event of average turnover of three years exceeds INR 2 crores or paid up share capital is more than INR 50 lakhs, the status of OPC is lost & it is converted into private limited company. It can be started with a minimum share capital of Rupees 1 lakhs. However, the requirement of minimum capital is now relaxed. This type of organisation is suitable & preferable to single promoter seeking limited liability protection & access to funds, apart from ease of transfer-ability of shares.

    Advantage & Benefit of One Person Company

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    Sole Entrepreneur

    A natural resident person can incorporate a One Person Company & obtain corporate identity as like of private limited company.

    Separate legal entity distinct from its promoter

    One Person Company is a separate legal entity distinct from its promoter & in case of insolvency promoteris not personally liable.

    Limited Liability

    The liability of promoter is limited similar to private limited company.

    Enhanced borrowing capacity

    Banks & other financial institution rely & put more trust with regard to capacity & creditworthiness of One Person Company than sole proprietorship.

    Artificial Judicial Person

    OPC can own property & enter into contracts.
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    Perpetual succession

    It means that One Person Company remains in existence even in case of death of single promoter as the ownership of shares are transferred to its nominee.
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    Transparency

    One Person Company are subjected to certain compliance & also information is easily available in public domain particularly on Ministry of Corporate Affairs website make it transparent for stakeholders.

    Reliable, reputation, brand value

    Due to compliance, transparency & information in public domain, One Person Company place reputation, brand value & reliability in the eyes of stakeholders.

    Compare Options

    BasisPrivate Limited CompanyLimited Liability PartnershipOne Person CompanyPartnership FirmSole Proprietorship
    Suitable ForStart-ups Professional firmsIndividual promotersFamily businessesSmall Businesses
    Investors Attractive Less AttractiveNot preferableUnlikelyNo way
    Limited Liability YesYesYesNoNo
    Taxation BenefitsCertain benefits EfficientbenefitsLowestLowest
    Constant Existence
    		YesYesYesNoNo
    Compliance ApplicabilityHighLowHighMinimalMinimal

    Process to register One Person Compnay

    Select a Service
    Documentation
    Make Payment
    Service completed
    STEP 1: Select a Service
    STEP 2: Upload Documents
    STEP 3: Make Payment
    STEP 4: Service completed

    Package & Pricing

    Private Limited Company

    ₹6000
    • COI
    • MOA & AOA
    • PAN & TAN
    • DSC – 2
    • DIN – 2
    • SHARE CERTIFICATES
    • FIRST BOARD RESOLUTION
    • GSTIN
    Buy

    GST , MSME & TM

    ₹10,000
    • GSTIN
    • GST Invoice Format
    • GST e-way bill Registration
    • Free GST Consultancy
    • MSME Registration
    • Trademark
    • IEC
    • DSC
    Buy

    Startup Annual Compliance

    ₹25,000
    • Financial Statement
    • Audit Report
    • ITR
    • GST Return
    • ROC Annual Return
    • Consultancy
    • ITR for 2 Promoters
    • *Package subject to Turnover
    Buy

    ITR for small business

    ₹6000
    • Financial Statement
    • ITR
    • Consultancy
    • Refund Tracking Status
    • House Property Income Covered
    • Capita Gain Income Covered
    • Interest Income Covered
    • *Package subject to Turnover
    Buy

    Documents for online registration of OPC

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    PAN of Directors/Subscribers to Memorandum

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    ID Proof of Directors/ Subscribers to Memorandum – DL/Voter ID/ Passport (Any one)

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    Address Proof of Directors/ Subscribers to Memorandum – Latest 2 month – Telephone/Mobile/Electricity bill/Bank Statement (Any one)

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    Photo of Directors/ Subscribers to Memorandum

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    Email ID of Directors/Subscribers to Memorandum

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    Mobile Number of Directors/Subscribers to Memorandum

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    Place of Business Address Proof with NOC (Ownership/ Rent Agreement/ Lease deed/ Consent Letter

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    Electricity bill of place of business (Latest 2 months)

    FAQs

    1. How many members are required to start One Person Company (OPC)?
    No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.
    2. Can members and directors be same in OPC?
    3. How many days it takes to register OPC?
    No, new company registration is a fully online process. As all documents are filed electronically, you would not need to be physically present at all. You would need to send us scanned copies of all the required documents & forms.
    4. Whether a person can be member in more than one OPC?
    If you have all the documents in order, it will take no longer than 15 days. However, this is dependent on the workload of the registrar.
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