Overview
What is a One Person Company (OPC)?
A One Person Company (OPC) is a type of private company that allows a single entrepreneur to operate as a corporate entity with limited liability. Introduced by the Companies Act 2013, an OPC has all the benefits of a private limited company while being owned and managed by a single person.
An OPC is distinct from a sole proprietorship because it is a separate legal entity — meaning the owner's personal assets are protected from business liabilities. It requires a nominee who would take over in case of the member's incapacity or death.
Expert Tip
Our CA team evaluates your specific business needs, state regulations, and long-term goals to recommend the most suitable option — saving you time and costly mistakes. Book a free 30-minute consultation before you apply.
Benefits
Key Benefits of One Person Company (OPC) Registration
Here are the most important advantages you unlock by completing this registration with Tax Gyani's expert assistance.
Solo Ownership
Full control for one entrepreneur. No need to share equity or decisions with other partners.
Limited Liability
Personal assets fully protected. Business liabilities don't affect personal wealth.
Corporate Identity
Separate legal entity — own bank account, contracts, and property in the company's name.
Easy Conversion
Convert to Pvt Ltd when you want to raise investment or bring in co-founders.
Tax Benefits
Access to corporate tax rates and deductions not available to sole proprietors.
Simpler Compliance
Fewer compliance requirements than Pvt Ltd — no mandatory AGM, simpler ROC filings.
Documents Required
Documents Required for One Person Company (OPC) Registration
Keep these documents ready to ensure a smooth and fast registration process. Our team will guide you through each requirement.
PAN Card of the sole Member/Director
Aadhaar Card of the sole Member/Director
Aadhaar Card of the Nominee
Photograph of Member and Nominee
Utility Bill / Bank Statement (Address Proof)
Registered Office Address Proof + NOC
Document Support
Not sure if your documents qualify? Share them with us and our experts will verify eligibility before you apply — completely free of charge.
Registration Process
Step-by-Step Process
Our streamlined process ensures minimal effort from your side. We handle all paperwork, filings, and follow-ups.
1
Name Reservation
We apply for company name reservation through SPICe+ or RUN on the MCA portal.
1–2 days
2
DSC & DIN
Digital Signature Certificate and Director Identification Number obtained for the sole member.
1 day
3
MOA & AOA Drafting
Memorandum and Articles of Association drafted with nominee appointment clause.
1 day
4
SPICe+ Filing
All forms including INC-32, INC-33, INC-34 filed with the ROC through SPICe+.
1–2 days
5
COI & Post-Incorporation
Certificate of Incorporation issued by MCA with CIN, PAN and TAN allotted.
2–3 days
Compliance
Post-Registration Compliance
After your registration is complete, here are the ongoing compliance requirements you need to be aware of to stay legally compliant.
Post-Registration Compliance Checklist
- AOC-4 / AOC-4 XBRL (Financial Statements) — 27th Oct
- MGT-7A (Annual Return) — 28th Nov
- AGM not required for OPC (exempted)
- DIR-3 KYC — by 30th September
- Statutory Audit — mandatory every year
- Income Tax Return (ITR-6) — 31st October
FAQs
Frequently Asked Questions
Everything you need to know before applying for One Person Company (OPC) Registration.
Who can form a One Person Company?
Only a natural person who is an Indian citizen and resident in India can form an OPC. A person can be a member in only one OPC at a time. NRIs and foreign nationals are not eligible.
What happens to OPC if the owner dies?
The Nominee appointed during incorporation takes over the OPC. The nominee manages it until the legal heir is determined or the business is wound up as per the deceased's wishes.
When must an OPC convert to a Private Limited Company?
An OPC must mandatorily convert to a Private Limited Company when its paid-up share capital exceeds ₹50 lakhs OR its average annual turnover exceeds ₹2 crore for three consecutive years.
Can an OPC raise investment from external investors?
No. An OPC cannot have more than one shareholder. To raise external investment, you would need to convert the OPC to a Private Limited Company, which can be done easily.
Is annual audit mandatory for OPC?
Yes. Like any company, an OPC must get its accounts audited by a Chartered Accountant every year. Annual ROC filings (AOC-4 and MGT-7A) are also mandatory.