₹5,999/- (Inclusive of GST)
One Person Company Registration in India
₹5,999/-(inclusive of GST)
Registration fees include Government Fees & Stamp Duty on Authorised Capital up to ₹1 Lakh
Complete OPC registration assistance, including documentation, MCA filing and incorporation support.
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What Is a One Person Company?
A One Person Company (OPC) allows a single individual to establish and operate a company with limited liability and a separate legal identity. It is suitable for entrepreneurs who want to retain ownership and control while running their business through a registered company.
Unlike a sole proprietorship, an OPC is a separate legal entity from its owner. The incorporation process also requires a nominee as prescribed under applicable company law.
One Person Company Registration Fees in India
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BASIC
One Person Company Registration
- Name Approval
- PAN & TAN Registration
- MoA & AoA Drafting
- Incorporation Certificate
- Government Fee & Stamp Duty
- Class-3 Digital Signature
- PF ESI Registration
- Director DIN
- Bank Account Opening Assistance
- Detailed proposal will be sent by email
STANDARD
One Person Company Registration & Compliance Services
- Name Approval
- PAN & TAN Registration
- MoA & AoA Drafting
- Incorporation Certificate
- COB Certificate
- Government Fee & Stamp Duty
- Class-3 Digital Signature
- PF ESI Registration
- Director DIN
- GST Registration
- MSME Registration
- Bank Account Opening Assistance
- Detailed proposal will be sent by email
PREMIUM
One Person Company Registration & Compliance Package
- Name Approval
- PAN & TAN Registration
- MoA & AoA Drafting
- Incorporation Certificate
- Government Fee & Stamp Duty
- Class-3 Digital Signature
- PF & ESI Registration
- Director DIN
- Bank Account Opening Assistance
- COB Certificate
- GST Registration
- Udyam Registration
- MCA Compliances
- Auditor Appointment
- COB Certificate
- Financial Statement Preparation
- Company Income Tax Return Filings
- Detailed proposal will be sent by email
What is OPC Registration in India?
As discussed above the OPC Registration in India was introduced with Companies Act, 2013. As per Section 2(62) of the Companies Act, 2013, a one person company can be established with just one shareholder and one director. One Person Company gives a single entrepreneur a status of separate legal entity and at the same time the compliances of a One Person Company are lesser than those of a Private Limited Company.
Accordingly One Person Company registration in India can be obtained by a single person who is member and director of the company. In short, the member and director of a One Person Company can be the same person.
The first step towards registration of One Person Company in India is to get name approval of the OPC from the Ministry of Corporate Affairs (MCA). It takes one to two days to get the name approval from the MCA. The name should include Keyword, activity undertaken and should end with words OPC Private Limited. For example, if Ofin was a one person company, the name would be Ofin Legal (OPC) Private Limited.
It may also be noted that the company name should not be similar to existing company name or a registered trademark.
OPC Registration Requirements
Before starting the incorporation process, make sure the following requirements are ready:
1 Member and 1 Director: An OPC has one member, who may also be the director.
Nominee: A nominee must be appointed as required under applicable OPC rules.
Digital Signature Certificate (DSC): DSCs are required for signing and submitting incorporation documents.
DIN: The proposed director must have a valid DIN or obtain one through the applicable incorporation process.
Company Name: The proposed name should comply with MCA naming rules and should not conflict with an existing company name or registered trademark.
Registered Office: Valid registered office address proof and supporting documents should be available.
Commencement of Business: Where applicable, the company must complete the required commencement-of-business filing before commencing business activities.
Note: Requirements and filing procedures may change based on the latest MCA rules. The applicable requirements should be confirmed at the time of incorporation
Documents Required for OPC Registration
| Member / Director | Nominee | Registered Office |
|---|---|---|
| PAN Card | PAN Card | Ownership / possession proof |
| Aadhaar Card or valid identity proof | Aadhaar Card or valid identity proof | Recent utility bill |
| Address proof | Address proof | NOC from property owner, where applicable |
| Recent passport-size photograph | Recent passport-size photograph | Rent / lease agreement, where applicable |
| Email address & mobile number | Nominee consent in prescribed format | — |
How to Register an OPC in India
Registering a One Person Company involves choosing a suitable name, preparing the required documents and completing the incorporation filing with the Ministry of Corporate Affairs (MCA).
Benefits of One Person Company Registration
| Advantage | How It Helps |
|---|---|
| Separate Legal Entity | An OPC has a separate legal identity from its member. The company can own assets, enter into contracts and conduct business in its own name. |
| Limited Liability | The member's liability is generally limited to the amount invested in the company, subject to applicable law and exceptions. This can help provide protection to personal assets. |
| Complete Ownership and Control | An OPC allows a single individual to own the company and retain control over its business decisions without requiring another shareholder. |
| Corporate Structure | An OPC provides a formal corporate structure that can be useful when dealing with customers, suppliers, banks and other business stakeholders. |
| Business Continuity | A nominee is designated as part of the OPC structure to facilitate continuity of the company in specified circumstances involving the member. |
| Access to Business Finance | A registered corporate structure, financial records and separate legal identity can support applications for business loans and other forms of finance, subject to the lender's eligibility criteria. |
| Suitable for Solo Entrepreneurs | OPC registration can be suitable for consultants, professionals, freelancers and small business owners who want to operate through a company while retaining single ownership. |
Limitations of One Person Company
| Limitation | What It Means for You |
|---|---|
| Limited Business Structure | An OPC is designed for a single-owner business. If you want multiple shareholders, you may need to consider a Private Limited Company or another structure. |
| Nominee Requirement | An OPC requires a nominee as part of its incorporation structure, subject to applicable legal requirements. |
| Compliance Requirements | Although OPC compliance can be simpler than some other company structures, the company still has annual filing, accounting and other statutory obligations. |
| Restrictions on Certain Activities | OPCs cannot be incorporated for certain activities restricted under applicable company law, including specified financial activities. |
| Growth and Expansion Considerations | As the business grows or its ownership requirements change, conversion to another company structure may become appropriate. |
| Ongoing Professional Costs | Accounting, annual filings, audit and other professional requirements can create recurring costs even when the business is small. |
Who Should Choose a One Person Company?
An OPC can be a suitable business structure for an individual who wants to operate through a registered company while retaining complete ownership and control.
It may be suitable for:
- Solo entrepreneurs who want to establish a formal business structure.
- Consultants and professionals who want to operate their business through a company.
- Freelancers and independent service providers looking for a separate legal identity.
- Small business owners who want limited liability while retaining single ownership.
- Founders planning to grow their business and potentially move to a different company structure as their requirements change.
An OPC may not be suitable if you want multiple shareholders from the beginning or expect to bring investors into the company. In such cases, a Private Limited Company may be more appropriate.
OPC vs Private Limited Company
Choosing between an OPC and a Private Limited Company depends mainly on your ownership requirements, business plans and expected growth.
| Factor | One Person Company (OPC) | Private Limited Company |
|---|---|---|
| Ownership | Single member | Two or more members |
| Control | Controlled by one member | Shared among shareholders |
| Separate Legal Identity | Yes | Yes |
| Suitable For | Solo entrepreneurs | Businesses with multiple founders or growth plans |
| Investment / Shareholding | Limited to its OPC structure | Can accommodate multiple shareholders |
| Compliance | Generally simpler than a Private Limited Company | More extensive compliance requirements |
| Future Growth | Can be converted to another eligible company structure when required | Better suited to businesses planning multiple shareholders or external investment |
| Decision Making | Centralised with the single member | Shared according to the company's ownership and governance structure |
OPC Compliance After Registration
Registering an OPC is only the first step. The company must continue to meet applicable accounting, tax and MCA compliance requirements after incorporation.
Depending on the company’s activities and circumstances, ongoing requirements may include:
- Annual MCA filings and submission of applicable financial information.
- Maintenance of books and financial records as required under applicable law.
- Income tax return filing for the company.
- Statutory audit, where applicable.
- GST compliance, if the company is registered or required to register under GST.
- Appointment of an auditor and related statutory requirements, where applicable.
- Other event-based MCA filings when there is a change in the company’s directors, registered office, share capital or other particulars.
Need Help With OPC Compliance?
OfinLegal can assist with applicable MCA compliances, financial statement preparation, income tax filing and other post-incorporation requirements based on your company’s needs.
Is an OPC a Small Company?
A small company is a company that meets the prescribed conditions under the Companies Act, 2013 and applicable rules regarding paid-up capital and turnover. Certain companies and activities are excluded from the definition even if they meet the financial thresholds.
An OPC may qualify as a small company if it satisfies the applicable conditions and does not fall under any of the specified exclusions.
The classification of a company as a small company can affect certain corporate compliance requirements and exemptions. The applicable thresholds and rules should be checked based on the relevant financial year.
Quick clarification
OPC and small company are not the same thing. An OPC describes the company’s ownership structure, while “small company” is a legal classification based on prescribed conditions.
FAQs on One Person Company
The concept of OPC allows a single person to run a Company. However the Company i.e. the OPC is considered as separate legal entity and is assessed separately under the Income Tax Act, 1961. Whereas the Proprietorship is a company owned and managed by an individual and it there is no distinction between the owner and the business. There is no separate registration of Proprietorship and it is assessed as owner under the Income Tax Act, 1961.
The Companies Act, 2013 provides that a single person can incorporate a company with one single member and director. This is called One Person Company or OPC.
Cost of registering one person company depends on the Authorised Capital of the proposed company and the professional fees charged by the consultant. You can register a One Person Company in India through Ofin for as low as Rs. 6847/- all inclusive.
An adult Indian citizen, residing in India can start OPC. An individual cannot start more than one OPC but can be part of other businesses. A minor or a person of unsound mind cannot start an OPC.
Yes, OPC is incorporated as a private company with only one member and is prohibited to invite public to subscribe for its shares.
This depends on the desired business structure by the promoter of the company. If there is only one promoter and there are no partners or co-promoters, you can start an OPC. If there are more than one person starting a business, it can be Partnership, LLP or a Private Limited Company.
OPC is a separate legal entity with limited liability whereas the proprietorship does not have a separate entity. Proprietorship is considered as an individual who is running business in the eyes of law. The Income Tax return of a proprietorship is also filed in the name of its proprietor.
As mentioned above, an individual can have only one OPC.
Section 96(1) of the Companies Act, 2013 provides that the OPC is not required to hold its Annual General Meeting (AGM)
Since there can be only one shareholder in OPC, there can be no sweat equity or shares which can be offered to the employees as ESOPS.
Yes, since Statutory Audit is compulsory for the OPC, a Chartered Accountant in practice should be appointed as Statutory Auditor of the OPC within 30 days of its incorporation.
No, no one other than a person resident in India or an Indian Citizen can register One Person Company in India. This means that a Non Resident Indian (NRI) or a Foreign Citizen cannot register One Person Company in India.
Yes, OPC can give dividend. However in addition to corporate tax the OPC will have to pay dividend distribution tax while declaring dividend.
Since the OPC is a separate legal entity and is assessed separately from its sole shareholder, it can give salary to its Director. The salary so paid is subject to TDS under section 192 of the Income Tax Act, 1961.
No, an OPC cannot be converted to Sole Proprietorship.
