One Person Company (OPC) Registration in India
📌 One Person Company (OPC) Introduction?
One Person Company (OPC) registration lets a single entrepreneur form a private limited company with limited liability. Since the Companies Act, 2013 introduced OPCs, this structure blends sole ownership with corporate protection and perpetual succession. Moreover, it gives solo founders formal recognition and easier access to funding compared with sole proprietorships.
📌 Legal Framework
We follow the Companies Act, 2013 (Sections 2(62), 3, 18, 149, 92, 129) and the Companies (Incorporation) Rules, 2014. In addition, MCA guidelines cover DSC, DIN and e-filing procedures. Furthermore, OPCs must meet Income Tax (PAN/TAN) and GST obligations wherever applicable.
- Companies Act, 2013 – Sections 2(62), 3, 18, 149, 92, 129; Rules under Companies (Incorporation) Rules, 2014 and Companies (Accounts) Rules, 2014.
- MCA Guidelines – Ministry of Corporate Affairs regulations for DSC, DIN, and e-filing.
- Income Tax Act, 1961 – PAN and TAN registration for compliance with tax obligations.
- Goods and Services Tax Act, 2017 – GST registration and compliance for OPCs engaged in business activities.
📌 Eligibility Criteria
Only one member/shareholder is allowed and the owner must be an Indian citizen residing in India for at least 182 days in the preceding year. Also, a nominee must be appointed to take over if the sole member cannot continue. Finally, directors must obtain DIN and meet disqualification tests under the Act.
- Only one member/shareholder is allowed.
- Must be an Indian citizen and resident in India for at least 182 days in the preceding financial year (Companies Act, Section 3).
- Must appoint a nominee as per Section 3(1) and Rule 3 of Companies (Incorporation) Rules, 2014, who will take over in case of incapacity or death.
- Directors must comply with DIN requirements under Section 152.
📌 Our OPC Services Include
- Incorporation Assistance: We manage DSC, DIN processing and name approval under Section 13 and Rule 8. Additionally, we draft MOA and AOA as required and file SPICe+ e-forms on MCA for OPC registration.
- Digital Signature Certificate (DSC) and Director Identification Number (DIN) processing.
- Name approval under Section 13 and Rule 8 of Companies (Incorporation) Rules, 2014.
- Drafting Memorandum of Association (MOA) and Articles of Association (AOA) as per Section 4.
- Filing incorporation forms with MCA (SPICe+ e-forms).
- Registration & Statutory Compliance: We register PAN and TAN and, if relevant, complete GST registration. Moreover, EPFO/ESIC registrations for employees are handled. In addition, we submit required filings such as AOC-4 and MGT-7 and assist with DIR-3 KYC.
- PAN, TAN registration as per Income Tax Act, 1961.
- GST registration under CGST Act, 2017 (if applicable).
- EPFO/ESIC registration for employee compliance.
- Accounting & Bookkeeping: We maintain statutory registers, prepare annual accounts and file Form AOC-4. Furthermore, our team handles TDS, payroll, and monthly bookkeeping to keep the company audit-ready.
- Maintenance of statutory registers as per Section 88, 170, 189.
- Preparation of annual accounts and filing Form AOC-4 under Section 129 and Companies (Accounts) Rules, 2014.
- TDS, payroll, and statutory return filing.
- Ongoing Compliance Support: We support annual filings, board meeting minutes, statutory notices, and corporate governance advisory. Consequently, your OPC remains compliant and well governed at every stage.
- Annual filing with MCA: Form MGT-7, AOC-4, DIR-3 KYC etc.
- Assistance with meetings, board resolutions, and statutory notices.
- Advisory on corporate governance, legal compliance, and financial management.
📌 Advantages of OPC
Limited liability protects personal assets. Moreover, single ownership simplifies decisions while offering a separate legal identity and perpetual succession. Additionally, OPCs often find it easier to obtain loans and build credibility with banks and vendors.
- Limited Liability – Shareholder’s liability is limited to the amount invested in the company.
- Single Ownership – Only one person is required to form the company, making it simpler to manage.
- Separate Legal Entity – OPC is distinct from the owner, providing legal protection and perpetual succession (Section 3, Companies Act 2013).
- Easy Compliance – Fewer compliance requirements than private limited companies.
- Access to Funding – OPC can raise funds from banks or financial institutions more easily compared to sole proprietorships.
- Perpetual Succession – Nominee can take over in case of death/incapacity of the sole member.
- Credibility – OPC structure increases credibility with clients, suppliers, and government authorities.
- Tax Benefits – OPC enjoys lower tax rates applicable to small companies under Income Tax Act, 1961.
📌 Why Partner With India Stat Filing
We combine MCA, GST and tax expertise with end-to-end support — from registration to bookkeeping and compliance. In addition, we maintain transparent updates so you focus on growing the business while we manage the paperwork.
- Expert team with hands-on experience in MCA, GST, and Income Tax filings for OPCs.
- End-to-end services from registration to ongoing statutory compliance.
- Guidance on legal, tax, and accounting obligations under relevant acts and rules.
- Transparent updates, timely communication, and professional support.
📌 Our Commitment
At India Stat Filing, we ensure that your OPC is incorporated legally, remains compliant under Companies Act, 2013, and meets statutory obligations efficiently. Our team manages the entire process from documentation, e-filing, bookkeeping, and compliance reporting, giving you peace of mind and allowing you to focus on growing your business.
📞 Get Started Today
Ready to begin OPC registration? Contact India Stat Filing for a tailored plan and fast onboarding. Start today and secure your company’s legal foundation.
👉 Transform your business idea into a legally recognized One Person Company with India Stat Filing.
📩 Contact us now for seamless OPC registration and compliance services under Companies Act, 2013.
What is One Person Company (OPC)?
A One Person Company (OPC) is a business structure that allows a single individual to act as both shareholder and director. It offers the benefits of a private limited company, such as limited liability and separate legal identity, without requiring multiple partners. Moreover, it is ideal for solo entrepreneurs who want credibility with clients and banks. Additionally, compliance is simpler compared to traditional companies. Consequently, OPC provides a secure pathway for individuals to scale their business professionally while retaining full control.
How to register One Person Company online?
To register a One Person Company (OPC) online, first obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for the sole owner. Then choose a unique business name and apply through the MCA portal using the SPICe+ form. Moreover, upload documents like PAN, Aadhaar, address proof and nominee details. Subsequently pay the government fees and submit the application electronically. Additionally, once approved, you will receive the Certificate of Incorporation. Finally, open a bank account and begin business operations confidently.
What are the benefits of a One Person Company?
A One Person Company offers multiple benefits for solo entrepreneurs. Firstly, it provides limited liability protection, ensuring your personal assets remain safe during financial risks. Moreover, it gives your business a separate legal identity, which boosts credibility with banks and clients. Additionally, compliance is simpler compared to traditional companies, making management hassle-free. Consequently, you can enjoy the advantages of a private limited structure while maintaining complete control. Ultimately, OPC is a powerful way to grow professionally without needing partners.
What is the minimum capital required for OPC in India?
The minimum capital required to start a One Person Company (OPC) in India is ₹1 lakh authorised capital, but the good news is that it doesn’t need to be physically deposited upfront. Moreover, you can declare the amount on paper while investing gradually as the business grows. Additionally, there is no mandatory paid-up capital requirement, which makes OPC highly affordable for startups and freelancers. Consequently, it offers the benefits of a company structure without heavy financial pressure at the beginning.
Who can form a One Person Company?
A One Person Company (OPC) in India can be formed by any Indian citizen and resident, meaning someone who has stayed in India for at least 120 days in the previous financial year. Moreover, the applicant must be 18 years or above and can act as both the director and shareholder. However, they must also appoint a nominee, who will take over in case of unforeseen events. Consequently, OPC is ideal for solo entrepreneurs who want full control with limited liability protection.
What are the compliance requirements for One Person Company (OPC)?
A One Person Company (OPC) must comply with several statutory requirements to remain legally operational. Firstly, it needs to hold at least one board meeting every year and maintain statutory registers. Moreover, annual filings like AOC-4 and MGT-7 must be submitted to the Ministry of Corporate Affairs. Additionally, tax compliance, such as ITR filing and GST registration if applicable, is mandatory. Consequently, timely adherence to these rules ensures smooth operations, avoids penalties, and builds credibility for the business.
Can One Person Company (OPC) be converted into a Private Limited Company?
Yes, a One Person Company (OPC) can be converted into a Private Limited Company when it exceeds certain criteria, such as paid-up capital exceeding ₹50 lakh or annual turnover above ₹2 crore. Moreover, the conversion requires passing a special resolution and filing necessary forms with the MCA portal. Additionally, the company must comply with all statutory and legal obligations during the process. Consequently, this transition allows the business to expand, take on multiple shareholders, and enjoy greater credibility in the market.
What is the difference between One Person Company (OPC) and Private Limited Company?
A One Person Company (OPC) is designed for a single individual as both shareholder and director, whereas a Private Limited Company requires a minimum of two shareholders and two directors. Moreover, OPC has simpler compliance requirements, making it ideal for solo entrepreneurs. Additionally, OPC cannot raise funds from the public, while Private Limited Companies can attract investors and issue shares. Consequently, choosing between them depends on business scale, funding needs, and long-term growth plans, providing flexibility for different entrepreneurial goals.
What is the tax rate for One Person Company in India?
A One Person Company (OPC) in India is taxed similarly to a Private Limited Company under the Income Tax Act. Currently, the flat corporate tax rate is 30% plus applicable surcharge and cess, depending on turnover. Moreover, OPC must also comply with GST and TDS provisions, if applicable. Additionally, timely filing of ITR and maintaining proper accounts ensures smooth compliance. Consequently, understanding these tax obligations helps solo entrepreneurs plan finances effectively while leveraging limited liability and business growth opportunities.
Can NRI or foreign nationals register an One Person Company (OPC) in India?
No, currently only Indian citizens who are residents of India can register a One Person Company (OPC). Moreover, Non-Resident Indians (NRIs) and foreign nationals are not eligible to incorporate OPCs due to residency requirements under the Companies Act. Additionally, an OPC must have a nominee who is also an Indian resident, which further restricts foreign participation. Consequently, NRIs or foreign entrepreneurs must consider alternative structures, such as Private Limited Companies or LLPs, to establish and operate a business in India legally.