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Call ExpertBelow are the main overview of One Person Company (OPC) Registration in India:
A One Person Company (OPC) is an ideal business structure for individual entrepreneurs in India who seek the benefits of a registered company while enjoying the simplicity of a single-owner entity. An OPC allows a single individual to form and operate a business with the advantage of limited liability protection, which shields personal assets from business liabilities. This structure is particularly suited for small businesses and startups, combining the simplicity of a sole proprietorship with the liability protection of a private limited company.
The OPC registration process is straightforward but involves specific steps to comply with Indian legal standards. First, you need to choose a unique business name and submit it for approval through the Ministry of Corporate Affairs (MCA) portal via the SPICe (Simplified Proforma for Incorporating Company Electronically) form. This is followed by preparing and submitting the essential company documents—namely, the Memorandum of Association (MoA) and Articles of Association (AoA)—which define the company’s objectives and operational guidelines as required by the Companies Act, 2013.
Next, you’ll need to provide proof of your registered office address and supporting identity documents. Once these documents are submitted and approved by the Registrar of Companies (RoC), the company receives a Certificate of Incorporation, establishing it as an officially registered entity. OPCs enjoy lighter compliance requirements compared to other business structures, such as private or public limited companies, which translates to easier management and reduced regulatory demands.
This structure is perfect for entrepreneurs who seek full control over their business decisions while benefiting from the formal status of a registered company. With our expert OPC registration service, you will receive guidance at every step to ensure a smooth, compliant, and efficient setup process, allowing you to focus on confidently growing your business.
A one-person company (OPC) allows a single entrepreneur to operate a corporate entity with limited liability protection, ensuring personal assets are safeguarded. It simplifies compliance and administrative requirements, making it easier for solo entrepreneurs to manage their businesses. Here is a list of the features of a one-person company
Registering as a one person company provides many added advantages and functioning ease. Here are some privileges of an one person company
A One Person Company enjoys a unique legal status, distinguishing it from sole proprietorships. The ownership structure of an OPC allows for a single individual to control the entire company but with the added benefit of having a nominated successor. This ensures continuity and stability for the business, even in unforeseen circumstances.
A One Person Company (OPC) offers limited liability protection, ensuring the owner’s personal assets are not at risk. It also provides a separate legal identity, enhancing the credibility and continuity of the business. Here are the advantages of one person company
Business Operation Benefits
Legal and Compliance Advantages
Funding and Succession Planning
For One Person Company (OPC) registration a single individual is required as the sole shareholder and director, with a nominee appointed in case of the shareholder’s incapacity. Here are some One Person Company Registration Requirements.
Eligibility criteria for OPC registration in India is pointed out below:
Here is the list of documents required for OPC registration in India:
Find answers to frequently asked questions about One Person Company (OPC) registration in India, including eligibility criteria, compliance requirements, conversion thresholds, and nominee roles, to help you make well-informed decisions
The primary objective of OPC registration is to allow individual entrepreneurs to form a business entity with limited liability protection and full control, combining the benefits of sole proprietorship and corporate structure.
In the event that an OPC member is terminated due to death, incapacity to enter into contracts, or ownership changes, the company is required to submit form INC-4. The user must fill up the same form with the new OPC member’s details.
Yes, an OPC must convert into a private or public company if its paid-up share capital exceeds ₹50 lakhs or its average annual turnover exceeds ₹2 crores over three consecutive financial years.
File Form INC-5 within 60 days of exceeding the threshold limits to intimate the RoC about the need for conversion.
The time limit for filing Form INC-5 is within 60 days of exceeding the threshold limits.
Yes, Form INC-6 is to be filed for the conversion of an OPC into a private or public company.
Yes, Form INC-6 is also used for voluntarily converting an OPC into a private or public company before reaching the threshold limits.