One Person Company
Why One Person Company Registration?
To register a One Person Company in India, first grasp what it means. A One Person Company, often known as an OPC, is a type of Private Limited Company established under the Companies Act of 2013. It is owned by a single shareholder who is entitled to a 100% profit share. His liability, however, is limited to the unpaid amount of his subscribed stock capital in the company. Because all decisions are approved by a single shareholder, decision-making processes are simple.
So, if you do not wish to share ownership, a One Person Company may be the ideal option for you!
Key Features of
One Person Company
Single Owner
OPC allows one individual to own and manage business.
Limited Liability
Owner’s personal assets remain protected against business losses.
Distinct Management Structure
Separate legal identity ensures structured management and compliance.
Entitlement to 100% Profits
Sole owner enjoys complete control and full profit entitlement.
Perpetual Succession through Nominee
Business continues seamlessly through nominated successor after owner.
Benefits of a One Person Company Registration
Sole Ownership
Limited Liability
Easy to Incorporate
Perpetual Existence
How to Register
One Person Company?
Step-1
Obtain Digital Signature Certificate (DSC)
Step-2
Select a name for your One Person Company
Step-3
Drafting of MoA and AoA
Step-4
Filing application for OPC Registration Online
Step-5
Issue of Certificate of Incorporation and PAN and TAN
Comparison among different type of Business Registration
F.A.Q.
One Person Company
A One Person Company (OPC) is a business structure that allows a single individual to establish a limited liability company in India. Introduced under the Companies Act of 2013, it combines the benefits of a sole proprietorship with the legal protections of a private limited company, allowing one person to be both the director and shareholde
Only natural persons who are Indian citizens and residents in India can register an OPC. A resident is defined as someone who has stayed in India for at least 182 days during the preceding financial year. Additionally, an individual can only be a member of one OPC at any given time
- Limited Liability: The owner’s liability is limited to their shareholding, protecting personal assets.
- Separate Legal Entity: An OPC is recognized as a separate legal entity, distinct from its owner.
- Ease of Compliance: OPCs face fewer regulatory requirements compared to private limited companies, simplifying governance.
- Perpetual Succession: The company continues to exist even if the owner passes away or becomes incapacitated, thanks to the nomination of a successor.
The entire process typically takes about 10 days, depending on departmental approvals and compliance checks. Obtaining a DSC and DIN can be completed quickly, often within one day.
Yes, an OPC must adhere to certain compliance requirements similar to those of private limited companies. This includes maintaining financial records, filing annual returns, and ensuring proper governance practices are followed.