One Person Company (OPC) Registration
A One Person Company (OPC) is a unique corporate structure introduced under the Companies Act, 2013, allowing a single individual to form and operate a company with limited liability. It bridges the gap between a sole proprietorship and a private limited company, giving solo entrepreneurs the benefits of a corporate entity – limited liability, separate legal identity, and enhanced credibility – without needing a co-founder.
Key Highlights
Only 1 shareholder and 1 director required (can be the same person)
Must appoint a nominee director in case of incapacity or death
Limited liability protection for the sole member
Company name must end with “(OPC) Private Limited”
Can be converted to Private Limited Company if turnover exceeds ₹2 crore or paid-up capital exceeds ₹50 lakh
Ideal for solo entrepreneurs, freelancers, and single-owner startups
Registration timeline: 7–10 working days and based on MCA approval time
Documents Required
- PAN Card and Aadhaar Card of the director/member
- Address proof and identity proof of director and nominee
- Passport-size photograph
- Registered office address proof with NOC
- Consent of nominee in Form INC-3
- Digital Signature Certificate (DSC)
Process
Step 1: Obtain DSC for the proposed director
Step 2: Apply for name approval via SPICe+ Part A
Step 3: File SPICe+ Part B along with MOA, AOA, and nominee consent (INC-3)
Step 4: MCA reviews the application and issues Certificate of Incorporation
Step 5: PAN and TAN are auto-generated during the incorporation process
Step 6: Open a bank account and begin business operations
Timeline
Complete registration within 10-15 working days
Pricing
Starting from Rs. 6,999/- (inclusive of government fees)
OPC registration empowers individual entrepreneurs to enjoy corporate benefits such as limited liability, tax advantages, and business credibility – all without needing a partner.