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One Person Company Registration

@ Rs. 7,299 *


Company PAN & TAN

Assured Compliance with Global Standards

Comprehensive Guidance from Start to Finish

Fast Approval Process

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HERE'S HOW IT WORKS

Get your OPC Registration in 3 Simple Steps

Fill Form

Simply fill the above form to get started.

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Get Incorporation

Get your Company Incorporation.

GUIDE TO ONE PERSON COMPANY REGISTRATION IN INDIA

In India, the One Person Company (OPC) has become a popular choice for entrepreneurs looking to start their ventures with limited liability and ease of compliance.

This unique business structure allows a single individual to operate a company, offering benefits similar to those of a private limited company, while requiring fewer formalities.

An OPC combines the advantages of a sole proprietorship and a private limited company, providing full control over business activities.

ONE PERSON COMPANY REGISTRATION PROCESS

    Fill and Submit the Get Started form.
    Watch a detailed video on OPC incorporation.
    Submit a one-page OPC formation questionnaire.
    A SimpliFyl expert will address all your queries.
    Arrange for the founders' identification and address proofs.
    Sign the incorporation documents.
    Draft the main objectives of the company and submit the name application.
    File the incorporation forms with the Ministry of Corporate Affairs (MCA).
    Obtain the Incorporation Certificate.
    Your OPC company will also be allotted a PAN and TAN/TDS number.
    SimpliFyl will provide bank account opening documentation support.

DIFFERENCE BETWEEN OPC & LLP & PVT. LTD. IN INDIA

Difference Between OPC and Pvt. Ltd. in India

While both OPCs and private limited companies offer limited liability protection, they differ in several key aspects:

    Number of Members: Number of Members: An OPC can have only one member, whereas a private limited company must have a minimum of two members and a maximum of 200 members.
    Nominee of Shareholder: OPCs are required to nominate a natural person as a nominee, while private limited companies do not have such a requirement.
    Conversion: OPCs have stricter conversion criteria compared to private limited companies, which can convert into other business structures more easily. For more details, speak with a SimpliFyl OPC registration consultant.

Difference between OPC & LLP in India

OPCs and Limited Liability Partnerships (LLPs) are distinct business structures with their own advantages:

    Ownership Structure: OPCs are owned by a single individual, whereas LLPs have multiple partners
    Limited Liability: Both OPCs and LLPs offer limited liability protection to their members, shielding personal assets.
    Taxation: OPCs are taxed at the corporate tax rate, while LLPs can be taxed at the firm level and can also be treated as pass-through entities, where partners are taxed individually.
    Compliance Requirements: OPCs have higher compliance requirements compared to LLPs, which enjoy greater flexibility in governance and operations.

BENEFITS OF OPC REGISTRATION

Limited Liability Protection

Only the investment is at risk; directors' personal assets are safe in an OPC.

Better Market Credibility

OPCs are trusted by corporate clients, vendors, and government agencies, preferred over proprietorships.

Easier Fundraising

Minimal compliance, no AGMs, and easy access to loans make OPCs ideal for raising funds.

Business Model Testing & Funding

OPCs allow testing business ideas, with easy conversion to a Private Limited Company for funding.

Full Control

The sole owner maintains control, with the option to appoint up to 15 directors for administration.

Easy to Sell

Selling an OPC is simple with minimal paperwork and low costs.

LLP Image

MINIMUM REQUIREMENTS FOR OPC INCORPORATION

    Minimum 1 Shareholder & Minimum 1 Nominee

    Minimum Authorised Share Capital to be Rs. 1 Lakh

    Minimum 1 Director

    Only Indian residents can be Shareholder & Nominee

    DIN (Director Identification Number) for all Directors

    Director and Shareholder can be the same person

    Minimum 1 Director must be Indian Resident

    DSC (Digital Signature Certificate) for 1 Promoter & 1 witness

DOCUMENTS REQUIRED FOR OPC REGISTRATION

    Identity Proof: PAN card, Aadhaar card, or passport of the proposed director.

    Address Proof: Utility bill or bank statement showing the residential address.

    Passport-sized Photographs: Photographs of the proposed director.

    Proof of Registered Office: Rental agreement, utility bill, or property tax receipt for the registered office address.

    No Objection Certificate (NOC): If the registered office is rented, an NOC from the property owner is required.

LLP Image
LLP Image

OPC REGISTRATION FEES, COST & CHARGES

The cost of registering a One Person Company (OPC) varies depending on the authorised capital and the state of incorporation. Generally, the fees include:

    DSC Fee: Cost for obtaining Digital Signature Certificates (DSC) for the proposed director.

    DIN Fee: Applicable fees for obtaining Director Identification Numbers (DIN) for all directors.

    Name Approval Fee: Charges for reserving the company name with the Ministry of Corporate Affairs (MCA).

    Registration Fee: Varies based on the authorised share capital of the company.

    Professional Charges: Fees for legal and professional support during the registration process.

WHAT ALL YOU GET

FAQ ON ONE PERSON COMPANY REGISTRATION

A One Person Company (OPC) is a type of business entity in India where a single person can establish a company with limited liability. It provides a unique opportunity for solo entrepreneurs to operate as a corporate entity.
Any Indian citizen residing in India can form an OPC. However, a person cannot incorporate more than one OPC or become a nominee in more than one OPC.
The nominee in an OPC is appointed by the sole member to take over the management of the company in case of the member's death or incapacity. The nominee ensures the continuity of the business and protects the interests of stakeholders.
Yes, the nominee in an OPC can withdraw his/her consent by giving a written notice to the sole member of the company. Upon receipt of such notice, the sole member must appoint another person as the nominee within 15 days.
As the name suggests, an OPC can have only one member. It cannot have more than one member at any point in time.
There is no minimum capital requirement for OPC registration in India. You can start an OPC with any amount of capital, as per your business needs. However, we suggest to keep minimal capital of Rs.20,000 to take care of the formation expenses.
No, there is no maximum limit for the paid-up capital in an OPC. You can infuse as much capital as required for your business operations and growth.
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