One person Company Registration in India
One Person Company registration is simple, online, and quick. DIN, DSC, Name Approval, MOA, AOA, and Company Registration Certificate are included in all of our packages with PAN and TAN numbers. Begin your business today!
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What is One Person Company Registration?
To register a One Person Company in India, first grasp what it means. A One Person Company, often known as an OPC, is a type of Private Limited Company established under the Companies Act of 2013. It is owned by a single shareholder who is entitled to a 100% profit share. His liability, however, is limited to the unpaid amount of his subscribed stock capital in the company. Because all decisions are approved by a single shareholder, decision-making processes are simple. So, if you do not wish to share ownership, a One Person Company may be the ideal option for you!
Key Features of One Person Company:
- Single-owner
- Limited Liability
- Distinct Management Structure
- Entitlement to 100% Profits
- Perpetual Succession through Nominee
One Person Company Registration Fees
Basic Package
- Digital Signature Certificate
- DIN Number
- Memorandum of Association
- Articles of Association (AOA)
- Certificate of Incorporation
- Company e-PAN & TAN
Standard Package
- Basic Package +
- INC 20A (commencement Filing)
- Incorporation Kit
- Bank A/c opening Support
Premium Package
- Standard Package +
- First Auditor Appointment
- ADT-1 filing
- Share certificate issuance
- Share certificate franking
- Free Consultation on Annual Filing
Required Documents for OPC Registration
DOCUMENTS OF PROMOTERS
- Passport Size Colour Photograph
- Self attested Pan Card of All Promoters
- Self attested Aadhar Card
- Identity Proof – Self attested copy Passport or Voter ID Card or Driving License
- Address Proof – Recent Month Bank statement , Electricty Bill or Telephone Bill or Mobile Bill
DOCUMENTS FOR REGISTERED OFFICE
- Recent Mont Electricity Bill or Telephone Bill , Gas Bill, Mobile Bill (Documents would not be older then 2 Month)
- NOC From Owner of Premises
How to Register One Person Company? - Stepwise Process
OPC Registration Process in India can be completed in a series of steps. A form must be filed with necessary OPC documents required for registration. The ROC will examine the filed application and if successfully verified, will issue a Certificate of Incorporation in the OPC’s name. The Certificate of Incorporation becomes a conclusive proof for OPC registration in India.
Step-1: Obtain Digital Signature Certificate (DSC)
A Digital Signature Certificate (DSC) is required to begin the registration procedure. This certificate is required for filing the required paperwork online. DSCs can be obtained from authorized agencies.
Step-2: Select a name for your One Person Company
The next stage in the OPC Registration process is to choose a valid name for the OPC in accordance with MCA requirements. After you’ve decided on a name, you must have it approved and reserved by the ROC. An application in the PART A of the SPICE Plus form can be submitted to the ROC for this purpose. Once a name is reserved, it is valid for 20 days, during which time the OPC must be incorporated.
Step-3: Drafting of MoA and AoA
The MOA is the one-person company’s constitution, while the AOA is its set of internal rules and regulations. These are important OPC documents that must be presented as part of the one-person company registration process. As a result, be certain that these are written in the proper legal format ahead of time. They must be signed by all shareholders and stamped by a public notary after the necessary stamp duty has been paid.
Step-4: Filing application for OPC Registration Online
Once you have completed all of the documentation and drafts, you can finally file the SPICe+ application for OPC incorporation online. The form must be accompanied by the appropriate papers and drafts, which must be uploaded in digital format. Finally, using his class 3 Digital Signature Certificate, the authorized director can sign the form. A practicing professional, such as a CA, CS, CMA, or Advocate of the High Court, further certifies the form.
Step-5: Issue of Certificate of Incorporation and PAN and TAN
Following submission, the SPICE Plus application is routed to the Registrar of Companies’ office. The ROC verifies the accuracy and authenticity of the facts and documents supplied. If ROC is happy with the materials, the application is approved and the OPC Company Registration process begins. It registers the OPC and issues a Certificate of Incorporation in its name, as well as the company’s PAN and TAN.
Benefits of a One Person Company Registration
If you are going for single person company registration, a One Person Company should be your clear choice! Wondering Why? Go through the table below explaining all OPC benefits in detail and you will get your answer. From Sole Ownership Control to Limited Liability, OPC benefits are huge and numerous. They not only extend to its owner, but all other stakeholders like directors, creditors, and customers.
- Sole Ownership: The single shareholder is entitled to pocket all the profits of the company.
- Limited Liability: The fundamental benefit of forming a One Person Company is limited liability. As the only owner, your personal assets are secured in the event that the firm runs into financial difficulties or legal problems. This asset separation might be a lifeline in the volatile world of business.
- Easy to incorporate: The process of incorporation of One Person Company is extremely simple and 100% online
- Perpetual Existence: An OPC can be indefinitely succeeded by the nominee of each shareholder
Frequently Asked Questions
A One Person Company (OPC) is a business structure that allows a single individual to establish a limited liability company in India. Introduced under the Companies Act of 2013, it combines the benefits of a sole proprietorship with the legal protections of a private limited company, allowing one person to be both the director and shareholde
Only natural persons who are Indian citizens and residents in India can register an OPC. A resident is defined as someone who has stayed in India for at least 182 days during the preceding financial year. Additionally, an individual can only be a member of one OPC at any given time.
- Limited Liability: The owner’s liability is limited to their shareholding, protecting personal assets.
- Separate Legal Entity: An OPC is recognized as a separate legal entity, distinct from its owner.
- Ease of Compliance: OPCs face fewer regulatory requirements compared to private limited companies, simplifying governance.
- Perpetual Succession: The company continues to exist even if the owner passes away or becomes incapacitated, thanks to the nomination of a successor.
The entire process typically takes about 10 days, depending on departmental approvals and compliance checks. Obtaining a DSC and DIN can be completed quickly, often within one day.
Yes, an OPC must adhere to certain compliance requirements similar to those of private limited companies. This includes maintaining financial records, filing annual returns, and ensuring proper governance practices are followed.
Yes, Non-Resident Indians (NRIs) can register an OPC in India provided they meet specific conditions set by the Companies Act. They must appoint a resident Indian as their nominee.
Comparison among different type of Business Registration
| Features | Private Limited Company | OPC | LLP | Partnership | Sole Proprietorship |
| Applicable Law | Company Act 2013 | Company Act 2013 | LLP Act 2009 | Partnership Act 1932 | No Law |
| Number of members | 2 – 200 | 1 | 2 – Unlimited | 2 – 20 | 1 |
| Number of Directors /DP | 2 – 15 | 1-15 | 2 – Unlimited | 1-20 | 1 |
| Formation | Through ROC | Through ROC | Through ROC | Through Agreement | Easy |
| Tax Benefits | The income tax rate for companies vary from 15 % to 22% | The income tax rate for companies vary from 15 % to 22% | LLP Income Tax Rate is 30% on its profits | Partnership firms are taxed at 30% on its profits | For a small business with low turnover, there is the benefit of individual tax slabs. |
| Statutory Compliance | High | High | Low | Low | Minimum |
| Foreign Investment (FDI) | FDI in case of a Private Limited Company is available under the automatic route. | FDI is not allowed in One Person Company | FDI in LLP Is permitted at par with the companies | FDI not Allowed | FDI not Allowed |
| Separate Legal Entity | A Company is a separate legal entity separate from its promoters | An OPC is a separate legal entity separate from its promoters | An LLP is a separate legal entity separate from its promoters | A Partnership is a legal entity but not different from partners | The proprietor and the proprietorship business is the same thing |
| Limited Liability | Liability Limited – Shareholders of a Company are bound to pay only up to the capital they have subscribed to the company. | Liability Limited – In OPC, unlike a proprietorship, the shareholder cannot be asked to pay beyond his subscribed capital | Liability Limited – The partners of an LLP can be called upon to pay only up to the amount of capital they subscribed to. | Liability Not Limited – There is no protection of limited liability, even the personal properties of partners are at risk for losses of business | Liability Not Limited – The proprietor is the whole sole of the business, and his liability to the debts or losses of proprietorship is unlimited. |
| Ownership Transferability | The shareholding of a Pvt Ltd Company is easily transferable | OPC Shares can be transferred to new shareholder along with the nominee | In LLP contribution/share of a partner can be transferred with the consent of all other partners. | Not Possible, every admission or removal of a partner amounts to the new firm. | Not Applicable |
| Perpetual Existence | A Company exists beyond the life of its owners /shareholders. After the death, the shares transmits to legal heirs | OPC Continues to exist even after the death of its only shareholder, as it passes to the nominee. | The LLP also have perpetual existence and exists beyond the life of the designated partner | No perpetual existence, with the death of a partner, the partnership ends. | No perpetual existence, with the death of the proprietor, it ends. |
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