One Person Company Registration

Incorporation of OPC Company

Registration of One Person Company (OPC) is easy, online and fast. We provide DIN, DSC, Name Approval, MOA, AOA and Company Registration Certificate in all our packages with PAN and TAN Numbers. Start your company today!
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One Person Company Registration in India

To register a One Person Company in India, you must first understand the meaning of One Person Company. A One Person Company or OPC is a form of Private Limited Company incorporated under the Companies Act of 2013. It is owned by a single shareholder who holds all the shares of the OPC, and is entitled to pocket all its income and profits alone. However, the liabilities of the sole shareholder are restricted to the unpaid amount of equity capital he has subscribed to in the OPC. In fact, it is this feature of Limited Liability which makes an OPC better than other single-owner businesses like Sole Proprietorships. So, if you are the only owner of a business, and are not willing to share your ownership with any other entity, a One Person Company will undoubtedly be your best choice!
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What Do You Get with Our OPC Registration Package?

  • Digital Signature (DSC)
  • Director Identification Number (DIN)
  • Name Availability Search
  • Name Approval (RUN)
  • Drafting of MOA & AOA
  • Certificate of Incorporation
  • e-PAN for OPC
  • Tan Number for OPC
  • GST Registration
  • MSME Registration
  • EPFO & ESIC Registration
  • Professional Tax Enrollment (PTEC)

OPC Registration Fee Calculator

* The items may differ based on the service package that you sign up with us.

Minimum Requirements for OPC Registration

Let us discuss the minimum requirements or eligibility of OPC registration in India.The checklist given below is for ready reference and the promoters must go through the same and ascertain their eligibility before proceeding with the Incorporation of One Person Company (OPC) in India.
1. A single shareholder

A One Person Company, as the name itself suggests, is owned by a single shareholder, who holds 100% shares in the company. This single shareholder has to be an individual, meaning that a body corporate cannot become the shareholder in an OPC. Moreover, the shareholder must also be an Indian citizen, implying that a foreigner cannot own an OPC in India as well. Now, prior to 1st April 2021, it was mandatory for the shareholder to be an Indian resident also, but the Government removed this requirement by amending the Company Incorporation Rules via a notification dated February 1, 2021. The notification came into effect from the 1st of April, 2021, after which even an NRI could own a One Person Company.

2. At least one Resident Director

A One Person Company separates its owner from the management of the company. So, like any other company, even in a One Person Company, the control of the management lies with the directors. For incorporation, an OPC must have at least 1 director who is a resident Indian. Under the Companies (Incorporation) Rules, a resident Indian is defined as one who has lived in India for more than 120 days in the immediately preceding Financial Year. Prior to April 1, 2021, this limit was more than 182 days, but the same notification we had discussed above reduced the limit to more than 120 days.

3. Maximum 15 Directors

An OPC cannot have more than one shareholder, but it can definitely have more than one director. The directors are individuals appointed by shareholders to control the management of an OPC. With the exception of the one resident director that we discussed above, all the other directors can be Indian or foreign in origin, resident or non-resident in India. An OPC can have a maximum of 15 directors, However in case more directors are required the same may be increased with the approval of the Registrar of Companies.

4. A unique and valid name for OPC

The best way to convey a company's brand to the public at large is through its name. Therefore, to choose an ideal name for OPC, you must make sure that it is unique, distinct, and communicative of the brand and industry to which the OPC belongs. But having an ideal name is not enough! It must also be legally valid. For this purpose, guidelines under major legislations like the Companies Act, the Trademark Act, and the Names & Emblems Act must be followed. Precisely , the name must not be the same as or even similar to the name of an existing company, LLP, or a registered trademark. More significantly, it must not be misleading and contain words that show the patronage of the Government.

5. A premises to maintain Registered Office

A One Person Company needs to be registered or incorporated with a valid office address. This will be considered as its registered office, where all its correspondence and official communications are sent to. Also, it is at this office where the OPC will be required to maintain all its statutory records, documents, and registers. As far as the premises of the registered office is concerned, it may be either rented or an owned space. It must be a completely constructed, lockable building, built on either a commercial or residential land.

Request Name Availability
Download Questionnaire
Download NOC Format

Benefits of a One Person Company Registration

Among all types of single-owner businesses, a one person company should be your clear choice! Wondering why? Refer to the table below to understand all the OPC company registration benefits you, your business, and all its other stakeholders like the directors, and creditors will receive if you have registered your Startup as One Person Company in India.

Sole Ownership

The single shareholder is entitled to pocket all the profits of the company

Limited Liability

The liability of the sole owner is restricted to his capital subscription

Easy Credit Facilities

Banks and Financial Institutions prefer to lend to legally registered entities

Easy to Incorporate

The process of incorporation is extremely simple and 100% online

Smooth Management

The sole shareholder exercises full control over decision making in an OPC

Perpetual Existence

An OPC can be indefinitely succeeded by the nominee of each shareholder

One Person Company Registration Documents

Documentation is the most significant aspect of One Person Company Registration as the approval and rejection of your entire application depends on the accuracy of their filings to the ROC. Documents required for One Person Company Registration can be divided into two categories, namely, the documents of the promoters and the documents of the Registered Office of the OPC.
Promoter Document Documents of Registered Office
  1. Colour Photo
  2. PAN & Aadhar
  3. Id Proof: (Passport, Voter ID, Driving License, Aadhar)
  4. Address Proof: (Bank Statement or any utility bill like electricity, water or telephone bill. The address proof should not be older than 2 months)
  1. Proof of Premises: (Latest Utility bill of that address such as electricity bill, water bill or Property Ownership Papers)
  2. NOC: No Objection Certificate from the owner.
We recommend you send the soft copies of documents along with the filled questionnaire that our startup advisors will share with you. We will verify the information and legal documents sent to us. Please contact us for further clarifications and a copy of the prescribed NOC format.

One Person Company Registration Process

STEP 1 – Documentation
The OPC company registration process begins with documentation. To register a One Person Company, you will need the basic KYC documents of the promoter and documents of the registered office premises validating its address and asserting that the owner of the premises has no objection to the office being opened on his property. Also, since the application is to be signed digitally, make sure that the promoters are in possession of their digital signature certificates.
STEP 2 – Select a name for your company
We have already discussed briefly the guidelines which must be followed for naming an OPC. Upon selecting a valid name, you are required to reserve it with the ROC. For this, an application can either be filed in the SPICE Plus form or the RUN form. Both these applications are submitted to the Central Processing Center of the Ministry of Corporate Affairs and the prescribed government fee is Rs.1000 per application. The proposed names are submitted on a priority basis, and whichever is found to be valid shall be reserved for the company by the ROC.
STEP 3 – Drafting of MOA & AOA
The MOA being the constitution of the company and the AOA being internal rules are needed to be submitted as documents during company incorporation. So before you actually file the application for incorporation, make sure that both these documents have been drafted, signed by all the shareholders.
STEP 4 – Filing SPICE Plus Form
After all the documents and drafts are ready, you can finally start filling out the SPICe+ application for OPC incorporation. The form is available on the official website of the Ministry of Corporate Affairs, and the details can be filled online. All necessary documents will be uploaded in their digital formats and the application will be signed using the Digital Signature Certificate of the proposed director and further certified by a practicing professional such as a CA, CS, CMA or Advocate of the High Court.
STEP 5 – Issue of Certificate of Incorporation
The SPICe+ application is submitted to the Registrar of Companies, who examines all the details and documents submitted for accuracy and authenticity. If satisfied, the ROC approves the application and registers the name of the OPC in the Register of Companies. As a conclusive proof of such registration, the ROC issues a Certificate of Incorporation which also contains a unique CIN number allotted to the OPC. Apart from these, since SPICe+ is an integrated application, there are certain additional documents that are also issued in the name of the company.
Registration or Enrollments Under Spice Plus
  • 1. Allotment of DIN
  • 2. PAN Application
  • 3. TAN Application
  • 4. GST Registration (Optional)
  • 5. EPFO Registration
  • 6. ESIC Registration
  • 7. Bank Account Opening (Optional)
  • 8. PTEC (only for select state)

Compliances for a One Person Company

The Companies Act of 2013 prescribes certain compliances that must be fulfilled within the prescribed due dates. Such compliances ensure transparency, governance and protect the interests of all stakeholders such as ROC, Shareholders, Directors, Investors and Tax Departments. You can categorize these compliances into post-incorporation one-time compliances, regular compliances, event-based compliances, and annual compliances. We have discussed the first category of one-time compliances in detail here. For complete information on the rest you can talk to our expert advisors.

ONE TIME

Post Incorporation Compliances & Local Registrations immediately after Incorporation
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REGULAR

Regular Compliances, such as Accounting, Tax Filing and Maintenance of Records & Registers
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EVENT BASED

The compliance filing on change of director, registered address or on allotment of shares, etc.
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ANNUAL COMPLIANCE

At the end of the financial year, the financial statement audit, ITR and ROC Annual Return Filing.
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ONE TIME COMPLIANCE

Immediately after a One Person Company is incorporated, it has to fulfill certain statutory compliances prescribed by the Companies Act and obtain local registrations, if applicable according to the state laws of the place where the OPC is operating its business. Following is the complete list of compliances with their due dates. Our startup advisors are available for detailed discussion.

Under the Companies Act, 2013

S.No Name of Compliance Due Date
1.
Appointment of First Auditor
Within 30 Days of Incorporation
2.
Issue of Share Certificate
Within 60 Days of Incorporation
3.
Stamp Duty Payment on Share Certificate
Within 30 Days of Certificate Issue
4.
    Filing of INC-20A (Declaration for Business Commencement) A company can not start its operations unless and until this declaration is filed to the ROC in the prescribed form INC-20A within 180 days of incorporation. You have to ensure the following before filing INC-20A
  • The Company is maintaining a Registered Address
  • The details of the Registered office are filed with ROC.
  • The current Bank Account for the Company is opened
  • Entire Subscribed Capital is received from all the shareholders
Within 180 days of incorporation

Local/State Level Compliance

S.No Registration/Enrolment Name Due Date
1.
Shops & Establishment Act (With Labour Department)
Within 30 Days of Incorporation
2.
Deposit of Professional Tax (Applicable in some states)
Within 30 days of Incorporation
3.
Trade License (based on nature of business)
Within 30 days of Incorporation
4.
Registration under Labour Welfare Fund (LWF)
Varies from State to State
5.
    Activity Based License
  • FSSAI Registration
  • FSSAI License
  • Drug License
  • PSARA License
  • APEDA (RCMC)
Prior to Starting Activities
6.
MSME Registration
ASAP

How to Close a One Person Company?

A One Person Company is a creation of law and can be dissolved in accordance with the same law under which it was created, that is the Companies Act of 2013. To close off an OPC, we need to first determine whether it is actively operating or has been inactive for a prolonged period of time. Based on this, we can further decide on the method that we can opt for closure.
Closure of an Inactive OPC (Striking-off by ROC) Closure of an Active Company (Winding-up by NCLT)
    To close an OPC which has been inactive for a prolonged period since incorporation, or for the last few financial years, an application can be filed to the ROC in form STK-2. Along with the application, the directors will have to submit affidavits declaring the inactivity of the OPC, and indemnity bonds accepting their responsibility to pay off all dues arising after the OPC has been struck-off. Before filing STK-2, make sure that the OPC has
  • Not conducted any significant business transactions in the last 1 year
  • Has no assets or Liabilities
  • Has closed its current bank account
An active company is one that is actively carrying out business operations, conducting business transactions, and has assets and liabilities. To close off such a company, an appeal needs to be made to the NCLT for winding up. The process is complicated and is challenging to complete without professional assistance. So, contact our startup advisors to avail end-to-end services of company closure at the most affordable prices.

Frequently Asked Questions About OPC Registration

Before a One Person Company occupies any premises as its registered address, a no objection certificate must be obtained from its owner. While filing the application for OPC Pvt Ltd registration, you are required to submit the NOC issued by the owner.
Download the format of NOC here.
A One Person Company is a single owner business akin to a Proprietorship Firm. However, unlike a proprietorship, the liability of the sole shareholder of an OPC is limited to the unpaid amount of the capital that he has subscribed to.

Moreover, unlike a proprietor, the sole shareholder of the OPC does not get involved in the management of the business, as the management of the business is controlled by the director appointed by the shareholder. We have prepared a comprehensive and detailed comparison table for all forms of businesses, for your better understanding.

To register OPC in India, you are required to pay government fees to the ROC while submitting the SPICe+ application. One Person Company Registration fees depends upon the paid capital of OPC and the place where the registered office shall be situated. Additionally, the overall cost of OPC company registration in India also includes the cost of obtaining documents like DSC and DIN.

This is over and above the OPC registration charges that you will pay to avail professional services of OPC registration in India. To calculate the exact fee, you can use our OPC registration fee calculator.

No. A person can become a member in only one OPC.
An OPC can be inherited by the nominee of the shareholder after his death. Every successive shareholder of the OPC must choose a nominee immediately after he holds the ownership of the OPC. No individual can be appointed as a nominee, unless he gives his consent to act as one. The consent of the nominee along with his notice of appointment must be intimated to the Registrar of Companies in Form INC-3.
For OPC incorporation in India, following are the forms on which the directors and the sole shareholder need to sign, All the forms/formats must be printed on plain A-4 size paper and signed in blue ink.
  1. Consent from all the directors in form DIR 2
  2. Declaration of Promoter for not accepting deposits from public
  3. INC 9 declaration by the first directors, or in their absence the current directors
  4. Subscriber Sheet, MOA & AOA
  5. Consent of the Nominee in Form INC 3
Before a One Person Company occupies any premises as its registered address, a no objection certificate must be obtained from its owner. While filing the application for OPC Pvt Ltd registration, you are required to submit the NOC issued by the owner.
Download the format of NOC here.
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