One Person Company(OPC)
A hybrid business structure for solo entrepreneurs, combining the benefits of a private company with the simplicity of single ownership.
Overview
A One Person Company (OPC) is a type of private company incorporated by a single person under the Companies Act, 2013. It offers **limited liability protection** and separate legal entity status while maintaining operational simplicity, making it ideal for solo entrepreneurs and small ventures.
Key Benefits
Limited Liability Protection to the owner's personal assets
Enhanced credibility and easier access to funding
Fewer compliances compared to traditional companies
Perpetual succession even with a single owner
Prerequisites
Single natural person who is an Indian citizen and resident
Must appoint a nominee (another natural person as successor)
No minimum share capital requirement
Documents needed: PAN, Aadhaar, photographs, address proofs for director and nominee, proof of registered office
What You'll Receive
DIN for 1 director
DSC for 1 director
OPC Incorporation Certificate
Memorandum of Association (MOA)
Articles of Association (AOA)
Company PAN Card
Company TAN
Bank account opening document support
Frequently Asked Questions
An OPC is a type of private company incorporated by a single natural person under the Companies Act, 2013, offering limited liability and separate legal entity status.
Any natural person who is an Indian citizen and resident in India (stayed in India for at least 182 days in the previous calendar year) can incorporate an OPC.
Yes, the sole shareholder must appoint a nominee who will become the shareholder in case of the original shareholder's death or incapacity.
You need PAN card, Aadhaar card, passport-size photographs, address proofs for the director and nominee, and proof of the registered office address.
No, commercial office space is not required. You can use your residential address as the registered office, subject to certain conditions.
The ROC is a Government office with whom companies including OPCs get registered. Every state has one ROC office, except Maharashtra and Tamil Nadu which have two each.
No. A complete online incorporation process is available. All documentation and interaction with the ROC are handled digitally.
A Director Identification Number (DIN) is a unique number required for a person to become a director in a company including OPC. It is issued by the Ministry of Corporate Affairs.
A Digital Signature Certificate (DSC) is an electronic signature used to sign electronic forms filed with the ROC for incorporation.