Start Your One Person Company Today

India's most innovative business structure for solo entrepreneurs with limited liability protection

Why 50,000+ Entrepreneurs Choose OPC Structure

👤

Sole Ownership

Complete control with single ownership structure

You own 100% of the company while enjoying corporate benefits

🛡️

Limited Liability

Personal assets protected from business liabilities

Your liability is limited to your investment in the company

🏛️

Separate Entity

OPC is a legal entity distinct from its owner

Can own property, incur debts, and sue/be sued in its own name

📈

Easy Conversion

Seamless upgrade to Private Limited when needed

Convert to Pvt Ltd anytime after crossing ₹2 crore turnover

Types of business/start up structure in India

An individual can set up as a sole trader/proprietor, as a Partnership firm, or Limited Liability Partnership etc. or can set up various types of companies such as:

One Person Company Private Limited Company Limited Liability Partnership Proprietorship Partnership Firm
1 Shareholders Minimum 2 Shareholders 2 Designated Partners PAN Minimum 2 Partners
1 Directors Minimum 2 Directors DIN of partners Adhaar PAN of Partnership firm
1 Nominee DIN of directors DSC of partners Bank Details
DIN of Director DSC of directors Capital Contribution 10000/- Business Details Capital Contribution 10000/-
DSC of director Minimum Authorised Share Capital 1 Lakh Investment minimum 1 Lakh
Minimum Authorised Share Capital 1 Lakh

What is One Person Company (OPC)?

An OPC is a hybrid business structure that allows a single entrepreneur to operate as a corporate entity with limited liability protection.

Definition

A company incorporated by a single person with a nominee director, enjoying all benefits of a private limited company.

Ideal For

Solo entrepreneurs, professionals, consultants, and small business owners who want corporate status with single ownership.

Key Features

  • Single shareholder structure
  • Nominee director required
  • Limited liability protection
  • Separate legal entity

Legal Basis

Introduced in India through Companies Act 2013 to support single entrepreneurs (Section 2(62)).

How to Convert OPC to Private Limited Company

1

Board Resolution

Pass resolution for conversion and alter MOA/AOA

2

Obtain DSC & DIN

Get digital signatures and director IDs for new directors

3

File Form INC-6

Submit conversion application to ROC with required documents

4

ROC Approval

Wait for Registrar of Companies to approve conversion

5

New Certificate

Receive new Certificate of Incorporation as Private Limited

Note: Mandatory conversion required when paid-up capital exceeds ₹50 lakh or average annual turnover exceeds ₹2 crore for 3 consecutive years.

Key Benefits of One Person Company

💼

Corporate Status

Enhances credibility with clients, vendors and investors compared to proprietorship

🔒

Asset Protection

Personal assets like home, car not at risk for business debts

💰

Funding Options

Easier to raise funds from investors compared to proprietorship

📊

Tax Benefits

Eligible for tax deductions and lower tax rates on profits

🔄

Easy Transfer

Simple ownership transfer through share transfer process

⚖️

Legal Protection

Can sue and be sued in company name, not personal capacity

Documents Required for OPC Registration

Identity & Address Proof

  • PAN Card of director and nominee
  • Aadhaar Card/Passport/Voter ID
  • Latest bank statement/utility bill (not older than 2 months)
  • Passport-sized photographs

Business Documents

  • Digital Signature Certificate (DSC)
  • Director Identification Number (DIN)
  • Registered office address proof
  • No Objection Certificate from owner
  • Rent agreement (if rented property)

Legal Forms

  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • INC-9 (Affidavit from director)
  • DIR-2 (Nominee consent form)

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