Online Calculators & Order
Q1: Who is eligible to register a One Person Company?
An OPC, or One Person Company, is a type of business structure where a single individual can act as both the shareholder and director. To be eligible for OPC registration in India, the individual must be a non-minor Indian citizen.
Q2: What is the minimum capital requirement for OPC registration?
There is no specific minimum capital requirement for OPC registration in India. It can be registered with a nominal capital, and the capital requirement can vary depending on the business’s needs.
Q3: Can an OPC be converted into a private limited company in the future?
Yes, an OPC can be converted into a private limited company or other business structures provided it meets the minimum criterias. This conversion allows for business growth and flexibility.
Q4: What is the process of OPC registration in India?
OPC Registration in India can be done online by filing an application on the MCA website. Before that you must obtain prerequisites like DIN, DSC, and file necessary documents like MOA and AOA.
Q5: Can an individual hold more than one OPC registration in India?
No, as per the Companies Act, 2013, an individual can only be a shareholder in one OPC at a time. If a person already has an OPC, they cannot incorporate or become a nominee in another OPC.