One Person Company Registration | OPC
Online OPC Registration in India: Eligibility, Process, and Documents
If you’re planning to start your journey as a solo entrepreneur, a One Person Company (OPC) is one of the most suitable corporate structures to choose. It allows you to run your business independently while retaining complete control over major financial and strategic decisions. At the same time, you can delegate day-to-day management responsibilities to the Board of Directors, ensuring operational flexibility.
One of the key benefits of an OPC is 100% ownership of profits, while the liability of the owner remains limited to the amount of capital invested. Unlike a sole proprietorship, where the owner’s personal assets are fully exposed to business risks, an OPC provides legal protection and financial security to individual entrepreneurs.
If you’re ready to turn your business idea into reality with confidence and limited risk, start your One Person Company today with our expert support and enjoy the advantages of a structured corporate entity.
What is One Person Company?
Considering India’s corporate framework, a One Person Company (OPC) is one of the most suitable business structures for solo entrepreneurs. Let’s understand why.
In India, most corporate entities require multiple owners to incorporate. For example, a Private Limited Company requires a minimum of two entrepreneurs, while a Public Limited Company needs at least three. A One Person Company, however, stands out by allowing a single individual to start and operate a company independently.
An OPC is governed by the Companies Act, 2013 and is incorporated as a Private Limited Company with a single shareholder. Ownership cannot be shared with other individuals or corporate entities. The sole owner holds 100% equity and contributes the entire capital. Despite this, an OPC offers a major advantage over sole proprietorships—limited liability. While the shareholder enjoys complete ownership and profit entitlement, their liability is limited to the capital invested in the company, protecting personal assets from business risks.
Key Features of a One Person Company
A One Person Company blends the advantages of a Private Limited Company with the simplicity of a Sole Proprietorship, making it an ideal choice for individual entrepreneurs. Its key features include:
Sole Ownership
100% Profit Entitlement
Limited Liability Protection
Continued Existence Through a Nominee
Lower Tax Rates Compared to Individual Taxation
An OPC offers the perfect balance of control, credibility, and legal protection, making it a preferred choice for entrepreneurs looking to build a structured business on their own.
One Person Company Registration Eligibility in India
Minimum Requirements for OPC Company Registration
To register a One Person Company (OPC) in India, certain basic criteria must be fulfilled. These requirements relate to the number of members and directors, as well as essentials such as the company name, registered address, and capital. Let’s take a closer look at what is required to start an OPC.
Minimum One Member / Shareholder:
An OPC is owned by a single shareholder holding 100% ownership. The shareholder must be an Indian citizen and resident. While foreign nationals are not permitted to incorporate an OPC in India, Non-Resident Indians (NRIs) are allowed to do so.
Minimum One Director:
Similar to a Private Limited Company, an OPC is governed by a Board of Directors. At the time of incorporation, the company can be formed with one director, who may also be the shareholder. The number of directors can later be increased up to a maximum of 15, as permitted under the Companies Act.
Unique Company Name:
The OPC must have a distinct and legally compliant name that reflects its brand and business activity. The proposed name must not be identical or deceptively similar to any existing company, LLP, or registered trademark. At BizCatalyst Technologies, we offer a free name availability check and assist in securing approval from the Registrar of Companies (ROC).
Registered Office Address:
Every OPC must have a registered office address in India for MCA records at the time of incorporation. This address serves as the company’s official communication address, where statutory records and books of accounts are maintained. The office must be located in a constructed and lockable premises.
Minimum Capital Requirement:
There is no minimum capital requirement for incorporating an OPC. The company can be registered with any amount of capital, as decided by the shareholder—even with zero capital.
Documents Required for OPC Registration in India
Documents Required for OPC Registration
The online registration of a One Person Company (OPC) cannot be completed without submitting the required documents of the shareholder, director, and the company. These documents help establish the legal identity of the OPC and ensure compliance with regulatory requirements.
Documents of Shareholder & Director
PAN Card
Proof of Identity (any one of the following):
Aadhaar Card
Driving Licence
Passport
Proof of Address (any one):
Utility bill (electricity, gas, water, or landline)
Bank statement
(Note: The document must not be older than 2 months and should clearly mention the shareholder’s name and address.)
Passport-size coloured photograph
Director Identification Number (DIN) (for directors only)
Digital Signature Certificate (DSC) of the authorised director
Documents of the OPC
Registered Office Address Proof:
A recent utility bill (electricity, gas, water, or landline) not older than 2 months, showing the company’s name and registered office address, is required to confirm the existence of the office premises.No Objection Certificate (NOC) from the Office Owner:
A signed NOC from the property owner is mandatory, whether the office is owned or rented. This document confirms that the owner has no objection to the OPC using the premises as its registered office.
Process for OPC Registration
Online OPC Registration Process with BizCatalyst Technologies
The online OPC registration process with BizCatalyst Technologies is seamless, efficient, and completely hassle-free. Our expert team manages the end-to-end incorporation process, typically completing it within a couple of weeks. From documentation to regulatory filings, we ensure your OPC registration application is accurate, compliant, and error-free.
Below are the steps we follow to register your One Person Company:
1. Obtaining DSC for Shareholder and Director
Since OPC registration is completed online, a Digital Signature Certificate (DSC) of the authorised director is mandatory for authentication. The DSC is uploaded as an attachment with the incorporation forms. BizCatalyst Technologies assists shareholders and directors in obtaining their DSCs quickly through a streamlined online process.
2. DIN Allotment for Directors
Every director of an OPC must possess a Director Identification Number (DIN), which enables unique identification and compliance tracking. Our team helps directors obtain their DIN promptly as part of the registration process.
3. Drafting MOA and AOA
The Memorandum of Association (MOA) defines the company’s core details, such as its name, registered address, capital structure, liability, and nominee details. The Articles of Association (AOA) outline the internal rules and regulations governing the OPC.
BizCatalyst Technologies experts draft these documents in the prescribed electronic formats—INC-33 (MOA) and INC-34 (AOA)—ensuring accuracy and compliance with the latest MCA guidelines.
4. Name Approval of the OPC
Once the MOA and AOA drafts are prepared, we apply for name approval using the SPICe+ (Part A) form. We assist you in selecting a legally compliant and distinctive name and submit it to the ROC for approval. Upon approval, a name reservation letter valid for 20 days is issued, within which we proceed with the complete incorporation filing.
5. Filing SPICe+ (Part B) Application
After name approval, we file the SPICe+ (Part B) form for OPC incorporation. All details and attachments are thoroughly reviewed and verified by our experts before submission to ensure complete accuracy and compliance.
6. Payment of Fees and Final Submission
The applicable government fees are paid, and the application is submitted with the Digital Signature of the authorised director.
7. Issuance of OPC Registration Certificate
Once submitted, the application is processed by the ROC. If no discrepancies are found, the Certificate of Incorporation along with the Corporate Identification Number (CIN) is issued, usually within 7–10 working days.
Fees for One Person Company Registration in India
Incorporating a One Person Company (OPC) in India typically costs around ₹5,499, which includes the applicable government fees. The detailed breakup of the charges is as follows:
Company Registration Charge
- BizCatalyst Professional Fees
- DSC for 1 Directors
- Name Approval Govt Fees
- Stamp Duty Fee (Varies State Wise)
- Total Fees
Amount in ₹
- 2,999
- 1,000
- 1,000
- 500
- 5,499
Time Taken for One Person Company Registration in India
The One Person Company (OPC) registration process in India is typically completed within 7–10 working days. Generally, name approval takes 2–3 working days, while the incorporation is approved within 3–4 working days.
Our time-wise process breakdown is as follows:
Name Reservation Application: Within 4 hours
Digital Signature (DSC) Process: 1 working day
Company Incorporation Application: 2 working days
Benefits for One Person Company Registration in India
OPC registration offers several distinct advantages that make it an attractive option for entrepreneurs and small business owners. Some of the key benefits are outlined below:
100% Profit Ownership:
As the sole shareholder of an OPC, you retain complete ownership of the company’s profits. There is no obligation to share earnings with partners or investors, ensuring full financial control.
Limited Liability Protection:
An OPC provides limited liability to its owner, meaning personal assets remain protected against the company’s debts and financial obligations, thereby minimizing personal risk.
Tax Efficiency:
OPCs generally benefit from comparatively lower and more structured tax rates than other business forms, which can help reduce the overall tax burden and improve profitability.
Business Continuity Through Nominee:
During OPC registration, a nominee must be appointed. In case of the owner’s death or incapacity, the nominee assumes control of the company, ensuring uninterrupted business operations.
Separate Management Structure:
Despite having a single owner, an OPC can appoint a Board of Directors to manage day-to-day operations. This enables a clear separation between ownership and management, promoting better governance and operational efficiency.
Post Incorporation Compliances by One Person Company
Even after the OPC registration process is completed, certain mandatory compliances must be fulfilled to legally commence and operate the company. These post-incorporation compliances are time-bound and must be completed within prescribed deadlines from the date of incorporation. Below is an overview of the key compliances and their respective due dates:
INC-22 (Registered Office Intimation):
This form must be filed within 30 days of incorporation to inform the Registrar of Companies (ROC) about the company’s permanent registered office address. It is applicable only when a temporary address was provided at the time of incorporation.
ADT-1 (Appointment of Auditor):
Every OPC is required to appoint its first auditor within 30 days of incorporation during the first Board Meeting. The details of the appointed auditor must be filed with the ROC through Form ADT-1 within the same time period.
Opening of Bank Account:
If the OPC’s bank account was not opened during incorporation through the SPICe+ form, it must be opened within 30 days of incorporation. All capital contributions and business transactions must be carried out through this dedicated bank account.
Issue of Shareholder’s Certificate:
A share certificate must be issued to the sole shareholder within 60 days of incorporation. Issued on the company’s letterhead, it serves as proof of the shareholder’s capital contribution and must be duly stamped with applicable stamp duty.
INC-20A (Declaration of Commencement of Business):
Before starting any business operations, the OPC must file Form INC-20A with the ROC within 6 months of incorporation. Failure to file this declaration renders the commencement of business unlawful.
Timely completion of these compliances ensures smooth and lawful functioning of the One Person Company.
