One Person Company Registration in India
MCA Approved | Complete Legal Protection | Single Owner Business
Start your entrepreneurial journey with One Person Company (OPC) registration under the Companies Act, 2013. OPC is the perfect business structure for solo entrepreneurs who want the benefits of a private limited company with simplified compliance requirements. With limited liability protection, perpetual succession, and separate legal entity status, OPC enables individual entrepreneurs to scale their business while maintaining complete control. India's startup ecosystem has embraced OPC as an ideal structure for tech entrepreneurs, consultants, freelancers, and small business owners.
Over 2.5 lakh One Person Companies have been registered in India since the concept was introduced in 2013, demonstrating its popularity among entrepreneurs. The Government of India's Startup India initiative and various tax benefits under Section 44AD make OPC an attractive option for new businesses. Our expert team of Company Secretaries, Chartered Accountants, and business advisors ensure your OPC registration meets all MCA requirements including nominee appointment, authorized capital structure, and ongoing compliance framework for sustainable business growth.
- MCA registration certificate for legal operation as One Person Company
- Limited liability protection with separate legal entity status
- Single member ownership with complete business control and decision-making
- Simplified compliance requirements and tax benefits for small businesses
Why Choose One Person Company Registration & MCA Approval?
One Person Company represents the future of entrepreneurship in India, combining the benefits of incorporation with the simplicity of sole proprietorship. With India's growing startup ecosystem, digital economy boom, and government support for entrepreneurs, OPC provides the perfect platform for individual business owners to establish credible, scalable enterprises. The structure offers tax advantages, easier bank financing, and professional credibility while maintaining operational flexibility.
Limited Liability Protection
OPC provides complete limited liability protection to the owner, separating personal assets from business liabilities. Unlike sole proprietorship, your personal property cannot be attached for business debts. This legal protection gives entrepreneurs confidence to take calculated business risks and pursue growth opportunities without fear of personal financial ruin.
Separate Legal Entity
OPC has distinct legal identity separate from its owner, enabling it to own property, enter contracts, and conduct business in its own name. This corporate structure enhances business credibility with customers, suppliers, and financial institutions. Banks prefer lending to companies over individuals, making business financing easier and more accessible.
Perpetual Succession
Unlike sole proprietorship, OPC continues to exist even after the owner's death or incapacity. The nominee director ensures business continuity and smooth transition of ownership. This perpetual existence makes OPC attractive for long-term business planning, asset building, and succession planning for family businesses and professional practices.
Easy Conversion Options
OPC can be easily converted to Private Limited Company when business grows and requires additional members or investors. The conversion process is straightforward with minimal documentation and compliance requirements. This flexibility allows entrepreneurs to start small with OPC and scale up as their business expands and funding requirements increase.
Tax Benefits & Compliance
OPC enjoys various tax benefits including presumptive taxation under Section 44AD for turnover up to ₹2 crores, reduced compliance burden compared to other company types, and exemption from certain provisions of Companies Act. Lower audit requirements and simplified annual filing make OPC cost-effective for small businesses and startups.
Business Credibility
Corporate structure enhances professional image and market credibility compared to sole proprietorship or partnership. Customers, suppliers, and business partners view OPC as more reliable and established. Government tenders, corporate contracts, and business partnerships are more accessible to companies than individual proprietors, opening new revenue opportunities.
OPC Registration Requirements and Eligibility Criteria
One Person Company registration under the Companies Act, 2013 has specific eligibility criteria and requirements designed to promote entrepreneurship while ensuring legal compliance. The structure is specifically designed for Indian residents who want to start a business with minimal capital investment and simplified governance requirements.
Eligibility Criteria for OPC Registration
- Indian Resident: Only Indian citizens and residents can incorporate OPC in India
- Single Membership: OPC can have only one member who is also the sole shareholder
- Age Requirement: Member must be at least 18 years old and of sound mind
- One OPC Limit: A person can be member of only one OPC at a time
- Nominee Requirement: Must appoint a nominee who will become member in case of death/incapacity
- Name Availability: Unique company name must be available and approved by MCA
Capital and Financial Requirements
- Minimum Capital: No minimum authorized capital requirement (can start with ₹1 lakh)
- Paid-up Capital: At least ₹1 must be paid as initial share capital
- Annual Turnover Limit: Paid-up capital and average annual turnover should not exceed ₹50 lakhs and ₹2 crores respectively for 3 consecutive years
- Conversion Trigger: Must convert to Private Limited if turnover exceeds ₹2 crores
- Share Transfer: Shares cannot be transferred, only succession through nominee is allowed
- Financial Records: Must maintain proper books of accounts and financial records
Directors and Nominee Requirements
- Single Director: Member acts as the sole director of the company
- DIN Requirement: Director must obtain Director Identification Number (DIN)
- Nominee Director: Must appoint a nominee who becomes director in member's absence
- Nominee Consent: Nominee must give written consent and cannot be changed frequently
- Residency: Both member and nominee must be Indian residents
- Professional Qualification: No specific professional qualification required for directors
Compliance and Regulatory Requirements
- Annual Filing: Must file annual returns (Form AOC-4 OPC) and financial statements
- Board Meetings: Minimum one board meeting per year instead of four for other companies
- Audit Exemption: Exempted from mandatory audit if turnover is below ₹20 lakhs
- Cash Transaction Limit: Cash transactions above ₹20,000 are prohibited
- Related Party Transactions: Simplified compliance for related party transactions
- Conversion Timeline: Must convert to Private Limited within 6 months of crossing thresholds
Step-by-Step One Person Company Registration Process
Name Reservation and Availability Check
Search and reserve unique company name through MCA portal. The name should end with 'One Person Company Private Limited' or 'OPC Private Limited'. Check trademark database to avoid conflicts. Reserve the name through RUN (Reserve Unique Name) application with alternative name options. Name approval typically takes 2-3 working days.
Digital Signature Certificate (DSC) Procurement
Obtain Class 2 Digital Signature Certificate for the proposed director and nominee. DSC is mandatory for all online filings with MCA. The certificate is valid for two years and enables secure electronic filing of documents. We assist in DSC procurement from authorized certifying agencies with same-day processing.
Director Identification Number (DIN) Application
Apply for DIN for both member-director and nominee through Form DIR-3. DIN is a unique identification number required for all company directors in India. Submit KYC documents, photographs, and address proof. DIN approval typically takes 3-5 working days from MCA. Lifetime validity with annual KYC requirements.
Document Preparation and Drafting
Prepare incorporation documents including Memorandum of Association (MOA), Articles of Association (AOA), and other required forms. Draft specific OPC-compliant MOA and AOA with appropriate object clause. Prepare nominee consent letter, director consent forms, and registered office documents. Ensure all documents comply with Companies Act requirements.
Registered Office and Address Proof
Arrange registered office address with proper documentation. Registered office can be residential or commercial property with valid address proof. Obtain no-objection certificate from property owner if rented. Submit utility bills, property documents, and rental agreement as address verification. Office must be accessible during business hours.
SPICe+ Form Filing with MCA
File SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form with all incorporation documents. The integrated form covers company incorporation, DIN allotment, name reservation, PAN/TAN application, and EPFO/ESIC registration. Pay prescribed government fees and professional charges through online payment gateway.
MCA Verification and Processing
MCA reviews the application, verifies documents, and may raise queries if additional information is required. Respond to MCA queries promptly with clarifications or additional documents. The verification process includes name availability confirmation, document compliance check, and fee payment verification. Processing typically takes 7-15 working days.
Certificate of Incorporation Issuance
Upon successful verification, MCA issues Certificate of Incorporation (COI) which legally establishes the OPC. The certificate contains Corporate Identity Number (CIN), incorporation date, and registered office address. Simultaneously receive PAN and TAN certificates for taxation purposes. COI enables the company to commence business operations legally.
Bank Account Opening
Open current bank account in the company name using incorporation certificate and other KYC documents. Most banks offer special OPC account packages with reduced charges. Submit board resolution for account opening, authorized signatory details, and initial deposit. Bank account is essential for business transactions and statutory compliance.
Post-Incorporation Compliance Setup
Set up ongoing compliance framework including statutory registers, minute books, and accounting systems. Obtain necessary licenses and registrations specific to your business activity. Register for GST if applicable, obtain professional tax registration, and set up payroll compliance. Establish internal controls and documentation systems for smooth operations.
Documents Required for OPC Registration
Member and Director Documents
- PAN Card: Permanent Account Number card of member-director (original and photocopy)
- Aadhaar Card: Aadhaar card for identity and address verification (self-attested copy)
- Passport Size Photographs: Recent colored photographs (4 copies) for incorporation and compliance filings
- Address Proof: Utility bills, bank statements, or rent agreement (not older than 2 months)
- Bank Statement: Latest 3 months bank statements for financial credibility verification
- Mobile and Email: Active mobile number and email address for official communication
Nominee Director Documents
- Nominee PAN Card: PAN card of the nominated person (original and photocopy)
- Nominee Aadhaar Card: Aadhaar card of nominee for identity verification
- Nominee Photographs: Recent passport size photographs of nominee (2 copies)
- Nominee Consent Letter: Written consent from nominee accepting the nomination (notarized)
- Nominee Address Proof: Address verification documents of nominee (utility bills/bank statement)
- Relationship Proof: Documents establishing relationship with nominee (if family member)
Registered Office Documents
- Property Documents: Sale deed, property card, or ownership documents (if owned property)
- Rent Agreement: Registered rent agreement with property owner (if rented property)
- No Objection Certificate: NOC from property owner allowing use of premises as registered office
- Utility Bills: Latest electricity, water, or gas bill in property owner's name
- Property Tax Receipt: Recent property tax payment receipt or assessment order
- Location Map: Google map or location sketch showing registered office address
Legal and Statutory Documents
- Name Reservation Certificate: Approved company name reservation certificate from MCA portal
- Digital Signature Certificate: Class 2 DSC for member-director and nominee in USB token format
- Director Identification Number: DIN certificates for both member-director and nominee director
- Professional Reference: Reference letter from CA, CS, or advocate certifying applicant's credentials
- Business Activity Proof: Documents supporting proposed business activity and object clause
- Authorized Capital Declaration: Declaration of proposed authorized capital and initial paid-up capital
Why Choose Lawful Journey?
MCA Expert Guidance
Specialized team with 12+ years experience in company incorporation and MCA compliance. Successfully registered 500+ One Person Companies with 98% first-time approval rate. Deep understanding of Companies Act 2013, OPC regulations, and MCA procedures ensures error-free incorporation process with minimal delays.
Fast Track Processing
Streamlined process enables OPC registration within 7-10 working days from document submission. Our dedicated MCA liaison team monitors applications daily and provides real-time status updates. Pre-verified documentation and direct MCA filing ensure faster processing compared to traditional methods.
Transparent Pricing
All-inclusive packages with no hidden charges covering government fees, professional charges, and post-incorporation support. Competitive pricing with flexible payment options and GST-compliant invoicing. Special discounts for students, women entrepreneurs, and startup founders under government schemes.
Dedicated Support
Assigned relationship manager provides personalized attention throughout the incorporation process and beyond. 24/7 customer support through phone, email, and WhatsApp for queries and assistance. Regular follow-ups and status updates ensure smooth experience from start to finish.
100% Compliance Assurance
Comprehensive compliance support including statutory registers, minute books, annual filings, and ongoing legal requirements. Our compliance calendar ensures timely filing of all returns and documents. Professional indemnity insurance covers any compliance lapses or errors in our service delivery.
Complete Business Setup
End-to-end business setup services including bank account assistance, GST registration, trademark filing, accounting system setup, and business licenses. Digital tools and templates for board resolutions, agreements, and corporate documentation. Ongoing advisory support for business growth and expansion.
Frequently Asked Questions
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One Person Company (OPC) is a corporate structure with single member ownership, limited liability protection, and simplified compliance requirements. Unlike Private Limited Company which requires minimum 2 members and 2 directors, OPC can be owned and managed by one person. OPC has relaxed compliance norms, lower annual filing requirements, and exemption from certain provisions of Companies Act 2013.
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There is no minimum authorized capital requirement for OPC registration. You can start with as low as ₹1 lakh authorized capital and ₹1 paid-up capital. However, if paid-up capital exceeds ₹50 lakhs or average annual turnover exceeds ₹2 crores for 3 consecutive years, the OPC must convert to Private Limited Company.
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Only Indian citizens and residents can register OPC in India. The person must be at least 18 years old, of sound mind, and can be member of only one OPC at a time. A nominee must be appointed who will become member in case of death or incapacity of the original member. Both member and nominee must be Indian residents.
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OPC registration typically takes 7-15 working days from the date of complete document submission. The timeline includes name reservation (2-3 days), DIN approval (3-5 days), and certificate of incorporation (7-10 days). Well-prepared applications with complete documentation may get approved faster through our streamlined process.
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OPC has simplified compliance requirements including annual filing (AOC-4 OPC), minimum one board meeting per year, and basic accounting records. Companies with turnover below ₹20 lakhs are exempted from mandatory audit. No requirement for multiple directors, independent directors, or complex board procedures unlike other company types.
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Yes, OPC can be easily converted to Private Limited Company when business grows and requires additional members or investors. Conversion is mandatory if paid-up capital exceeds ₹50 lakhs or average annual turnover exceeds ₹2 crores for 3 consecutive years. The conversion process involves passing board resolution, altering MOA/AOA, and filing necessary forms with MCA.
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OPC enjoys various tax benefits including presumptive taxation under Section 44AD for turnover up to ₹2 crores (8% tax on turnover), lower compliance burden, and startup tax exemptions. Companies can opt for new tax regime under Section 115BAA with 25% tax rate. Various deductions and exemptions are available for business expenses and investments.
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OPC cannot raise funds from public or issue shares to investors due to single member restriction. However, OPC can take bank loans, working capital facilities, and business loans against company assets or personal guarantee. For equity funding, OPC must first convert to Private Limited Company to accommodate additional shareholders.
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If the member dies or becomes incapacitated, the nominee automatically becomes the member and director of the OPC. The nominee must inform MCA within 30 days and appoint a new nominee within 15 days. This ensures business continuity and prevents dissolution of the company. Proper succession planning through nominee appointment is crucial for OPC sustainability.
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We provide comprehensive post-incorporation support including annual compliance, statutory filings, accounting assistance, GST returns, and ongoing advisory services. Our compliance calendar ensures timely filing of all returns, coordination with auditors when required, and strategic business advice for growth and expansion. Dedicated relationship manager for ongoing support and query resolution.
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