Home · Services · Startup · One Person Company (OPC)

One Person Company (OPC)

A corporate vehicle for solo founders without the need for a co-founder.

  • DSC + DIN for the sole director
  • Nominee declaration drafting
  • Name approval, MoA & AoA drafting
  • Incorporation certificate with PAN & TAN

Get a Free Consultation

About One Person Company (OPC)

A One Person Company (OPC) is a corporate vehicle designed for solo founders who want the limited-liability shield and credibility of a private limited company without needing a co-founder. Introduced in the Companies Act, 2013, an OPC is owned by a single shareholder who also serves as director.

An OPC must nominate a successor at incorporation. It is required to convert into a Pvt Ltd or LLP if its turnover exceeds ₹2 crore or paid-up capital crosses ₹50 lakh.

Key Features

  • Solo Ownership — One person can own and manage the entire company.
  • Limited Liability — Personal assets are protected; risk is capped at share value.
  • Separate Legal Entity — OPC can own property, sue, and be sued in its own name.
  • Credibility — Banks and customers treat an OPC as a corporate entity, not a sole proprietor.

Frequently asked

Common questions about One Person Company (OPC).

OPC is a type of company in India where a single person can own and control the business with limited liability protection.
Only a natural person who is an Indian resident can form an OPC.
No, but a single person can start an OPC instead.
Only 1 director and 1 shareholder are required (same person can be both).
OPC is registered online through MCA portal by filing DSC, name approval, and incorporation forms.
Generally 5–10 working days depending on approval process.
PAN, Aadhaar, passport photo, address proof, office address proof, and utility bill.
Yes, Digital Signature Certificate is mandatory.
A nominee is a person who takes over OPC in case of death or incapacity of owner.
Yes, but home address or virtual office can also be used.
Yes, OPC registration is completely online via MCA portal.
Annual ROC filing, financial statements, income tax return, and statutory compliance.
Yes, statutory audit is mandatory regardless of turnover.
Penalties, late fees, and possible company strike-off by MCA.
Yes, OPC must convert into Pvt Ltd after crossing certain turnover or paid-up capital limits.
GST is required only if turnover exceeds threshold or for interstate business.
OPC is taxed like a Private Limited Company at 22%–30% (plus surcharge and cess).
Yes, OPC provides limited liability protection unlike proprietorship.
Yes, OPC is eligible for loans from banks and financial institutions.
Yes, OPC can operate multiple business activities under one registration.
Yes, subject to FEMA rules and compliance requirements.
Yes, OPC can legally exist even without revenue but must comply with ROC filings.
Registration may be rejected or become non-compliant under MCA rules.
Yes, virtual office is allowed with valid proof.
Yes, OPC can be converted into LLP or Private Limited Company.
Yes, OPC can open multiple business bank accounts.
Mandatory conversion into Private Limited Company is required.
Yes, OPC is commonly used by freelancers for tax benefits and branding.
Yes, OPC can operate globally subject to RBI and FEMA compliance.
Nominee acceptance is mandatory at registration stage, so refusal cases are limited.
Nominee automatically takes control of the OPC as per legal structure.
No, nominee consent is mandatory for incorporation.
Yes, OPC can apply for dormant status under MCA rules.
Yes, conversion is allowed but requires compliance with MCA procedures.
No, misuse can lead to penalties, cancellation, and legal action.
No, OPC must have only an Indian resident as director.
Yes, OPC can own assets and property in its name.
A new nominee must be appointed within prescribed time.

Engagement packages

Three levels of support, scaled to where you are. Talk to our team for a quote tailored to your business.

Essentials

₹6,499

all-inclusive · government fees extra

  • DSC + DIN
  • Name approval
  • Nominee declaration
  • Incorporation certificate
  • PAN & TAN
Get a Quote

Standard

₹9,999

all-inclusive · government fees extra

  • Everything in Essentials
  • GST registration
  • Bank account assistance
  • Compliance calendar
  • Founder’s agreement
Get a Quote

Premium

₹14,999

all-inclusive · government fees extra

  • Everything in Standard
  • Annual ROC filing
  • Trademark filing (1 class)
  • Dedicated CA support
  • Conversion advisory
Get a Quote

Ready to start with One Person Company (OPC)?

Talk to our experts. No commitment, free advice on your specific situation.

Start Now Talk to a CA