One Person Company (OPC) Registration in India
One Person Company (OPC) registration enables a single entrepreneur to establish a legally recognized corporate entity with limited liability and a separate legal identity. Introduced under the Companies Act, 2013, the OPC framework combines individual ownership control with the structural benefits and continuity of a company.
This business structure is well-suited for individual founders who seek formal recognition, enhanced business credibility, and access to organized financial systems while retaining complete ownership and decision-making authority.
Legal Framework
OPCs are regulated under the Companies Act, 2013 along with applicable incorporation, accounting, and compliance rules. Regulatory obligations include company incorporation procedures, statutory filings, maintenance of books of accounts, and compliance with applicable tax registrations.
Depending on business activities, OPCs are also required to comply with income tax laws and indirect tax regulations in force.
Eligibility Criteria
To incorporate an OPC in India, the following conditions must be met:
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Only one member or shareholder is permitted
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The sole member must be an Indian citizen and resident in India for the prescribed duration
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Appointment of a nominee is mandatory to ensure business continuity
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Directors must meet identification, eligibility, and compliance requirements under applicable laws
Our OPC Services Include
Incorporation Assistance
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Processing of digital signatures and director identification numbers
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Name reservation and incorporation application filing
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Drafting of constitutional documents in line with statutory requirements
Registration & Statutory Compliance
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Assistance with applicable statutory registrations
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Support for mandatory filings and ongoing regulatory compliance
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Employee-related registrations where applicable
Accounting & Bookkeeping
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Maintenance of statutory registers and accounting records
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Preparation of annual financial statements
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Support for payroll processing, tax deductions, and routine bookkeeping
Ongoing Compliance Support
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Assistance with annual filings and disclosures
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Preparation of resolutions, records, and statutory documentation
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Advisory support on governance, compliance, and financial management
Advantages of OPC
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Limited liability protection for the business owner
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Complete ownership with simplified decision-making
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Separate legal identity distinct from the individual
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Lower compliance requirements compared to larger corporate entities
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Improved access to funding and enhanced professional credibility
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Perpetual succession through nominee arrangement
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Structured tax compliance applicable to corporate entities
Why Partner With i Tax GST Filing
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Proven experience in OPC incorporation and regulatory compliance
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End-to-end support from registration through ongoing compliance
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Expertise in corporate law, taxation, and accounting requirements
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Transparent processes with timely compliance management
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Professional guidance aligned with statutory and regulatory frameworks
Our Commitment
i Tax GST Filing ensures that OPC registration and compliance processes are managed accurately and efficiently. From incorporation and documentation to accounting and statutory filings, the focus remains on maintaining regulatory compliance while enabling entrepreneurs to concentrate on business development and growth.
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Set up your One Person Company with confidence and regulatory clarity.
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What is One Person Company (OPC)?
A One Person Company (OPC) is a business structure that allows a single individual to act as both shareholder and director. It offers the benefits of a private limited company, such as limited liability and separate legal identity, without requiring multiple partners. Moreover, it is ideal for solo entrepreneurs who want credibility with clients and banks. Additionally, compliance is simpler compared to traditional companies. Consequently, OPC provides a secure pathway for individuals to scale their business professionally while retaining full control.
How to register One Person Company online?
To register a One Person Company (OPC) online, first obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the sole owner. Then choose a unique business name and apply through the MCA portal using the SPICe+ form. Moreover, upload documents like PAN, Aadhaar, address proof and nominee details. Subsequently pay the government fees and submit the application electronically. Additionally, once approved, you will receive the Certificate of Incorporation. Finally, open a bank account and begin business operations confidently.
What are the benefits of a One Person Company?
A One Person Company offers multiple benefits for solo entrepreneurs. Firstly, it provides limited liability protection, ensuring your personal assets remain safe during financial risks. Moreover, it gives your business a separate legal identity, which boosts credibility with banks and clients. Additionally, compliance is simpler compared to traditional companies, making management hassle-free. Consequently, you can enjoy the advantages of a private limited structure while maintaining complete control. Ultimately, OPC is a powerful way to grow professionally without needing partners.
What is the minimum capital required for OPC in India?
The minimum capital required to start a One Person Company (OPC) in India is ₹1 lakh authorised capital, but the good news is that it doesn’t need to be physically deposited upfront. Moreover, you can declare the amount on paper while investing gradually as the business grows. Additionally, there is no mandatory paid-up capital requirement, which makes OPC highly affordable for startups and freelancers. Consequently, it offers the benefits of a company structure without heavy financial pressure at the beginning.
Who can form a One Person Company?
A One Person Company (OPC) in India can be formed by any Indian citizen and resident, meaning someone who has stayed in India for at least 120 days in the previous financial year. Moreover, the applicant must be 18 years or above and can act as both the director and shareholder. However, they must also appoint a nominee, who will take over in case of unforeseen events. Consequently, OPC is ideal for solo entrepreneurs who want full control with limited liability protection.
What are the compliance requirements for One Person Company (OPC)?
A One Person Company (OPC) must comply with several statutory requirements to remain legally operational. Firstly, it needs to hold at least one board meeting every year and maintain statutory registers. Moreover, annual filings like AOC-4 and MGT-7 must be submitted to the Ministry of Corporate Affairs. Additionally, tax compliance, such as ITR filing and GST registration if applicable, is mandatory. Consequently, timely adherence to these rules ensures smooth operations, avoids penalties, and builds credibility for the business.
Can One Person Company (OPC) be converted into a Private Limited Company?
Yes, a One Person Company (OPC) can be converted into a Private Limited Company when it exceeds certain criteria, such as paid-up capital exceeding ₹50 lakh or annual turnover above ₹2 crore. Moreover, the conversion requires passing a special resolution and filing necessary forms with the MCA portal. Additionally, the company must comply with all statutory and legal obligations during the process. Consequently, this transition allows the business to expand, take on multiple shareholders, and enjoy greater credibility in the market.
What is the difference between One Person Company (OPC) and Private Limited Company?
A One Person Company (OPC) is designed for a single individual as both shareholder and director, whereas a Private Limited Company requires a minimum of two shareholders and two directors. Moreover, OPC has simpler compliance requirements, making it ideal for solo entrepreneurs. Additionally, OPC cannot raise funds from the public, while Private Limited Companies can attract investors and issue shares. Consequently, choosing between them depends on business scale, funding needs, and long-term growth plans, providing flexibility for different entrepreneurial goals.
What is the tax rate for One Person Company in India?
A One Person Company (OPC) in India is taxed similarly to a Private Limited Company under the Income Tax Act. Currently, the flat corporate tax rate is 30% plus applicable surcharge and cess, depending on turnover. Moreover, OPC must also comply with GST and TDS provisions, if applicable. Additionally, timely filing of ITR and maintaining proper accounts ensures smooth compliance. Consequently, understanding these tax obligations helps solo entrepreneurs plan finances effectively while leveraging limited liability and business growth opportunities.
Can NRI or foreign nationals register an One Person Company (OPC) in India?
No, currently only Indian citizens who are residents of India can register a One Person Company (OPC). Moreover, Non-Resident Indians (NRIs) and foreign nationals are not eligible to incorporate OPCs due to residency requirements under the Companies Act. Additionally, an OPC must have a nominee who is also an Indian resident, which further restricts foreign participation. Consequently, NRIs or foreign entrepreneurs must consider alternative structures, such as Private Limited Companies or LLPs, to establish and operate a business in India legally.