One Person Company Registration in India

A One Person Company (OPC) stands as an independent legal entity governed by corporate law, where a sole individual, known as the "One Person Company" or "OPC," holds full share capital ownership. This framework grants solo entrepreneurs limited liability protection, effectively separating personal assets from business debts. The OPC model highlights its distinct feature of being solely owned, managed, and overseen by one individual. Tailored for simplicity and efficiency, this business structure merges the benefits of a private company with streamlined operations for single proprietors.

Legal Standing: The OPC enjoys a separate legal entity status, shielding the member from personal liability. The member's liability is limited to the value of their shares, protecting them from company losses. [Liability Protection, Legal Entity]

Easy Access to Funding: Being a private company, OPCs can effortlessly raise capital from various sources such as venture capital, angel investors, and incubators. [Funding Accessibility]

Less Conformity: OPCs receive exemptions from certain compliance requirements under the Companies Act of 2013, including the preparation of cash flow statements and maintenance of annual reports and account books. [Compliance Exemptions]

Easy Integration: Integrating an OPC involves minimal legal complexities, with approval required from a member serving as a director. There is no mandatory minimum paid-up capital requirement. [Integration, Capital Requirement]

Easy to Manage: Administration of an OPC is simplified as a single person can both establish and lead it. Decision-making processes are swift, and resolutions can be easily passed, minimizing internal disputes or delays. [Management Efficiency]

Constant Repetition: Despite having only one member, an OPC enjoys perpetual succession. A nominee must be chosen by the single-member during incorporation, ensuring continuity of operations in the event of the member's demise. [Succession Planning]

1. Copy of PAN Card of the Owner (Mandatory)

2. Copy of Owner’s Voter ID Card or Aadhaar Card (Mandatory)

3. Copy of Property Papers (If the Owner Owns the Company Space)

4. Electricity or Water Bills of the Business Place

5. Two Passport Size Photos of the Owner (Mandatory)

1. DIN (Director Identification Number) for 1 Director

2. Digital Signature (DSC) for 1 Director

3. OPC Name Approval

4. Memorandum of Association (MOA) and Articles of Association (AOA)

5. Incorporation Certificate with Company Identification Number (CIN)

6. Government Fees and Stamp Duty (up to INR 11,500)

7. Company PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number)

STEP-1: Provide OPC Owner’s Basic Details, such as Full Name, Email, Phone Number, etc.

STEP-2: Apply for DSC (Digital Signature) & DIN (Director’s Identification). We'll assist you in obtaining these documents.

STEP-3: Apply for Name Approval and undergo verification. We'll collaborate with you to finalize this document and ensure successful registration.

STEP-4: Obtain Certificate of Incorporation (COI). The Registrar of Companies will issue your COI upon successful registration of all required documents and payment of processing fees for One Person Company Registration.

STEP-5: CONGRATULATIONS!!! Your OPC is now registered. You can proceed to apply for PAN, TAN, and Bank Account in the name of your One Person Company.