One Person Company

Register Your One Person Company with Bizhub

One person company (OPC) in India is one of the easiest forms of corporate entities to manage. OPC is a hybrid of Sole-Proprietorship and Corporate form of business.


Drafting a deed


Execution of deed





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    What is a One-Person Company?

    One person company (OPC) in India is one of the easiest forms of corporate entities to manage. OPC is a hybrid of Sole-Proprietorship and Corporate form of business. It has been provided with various concessions in compliance requirements under the Companies Act. It is a form of a company where the compliance requirements are lesser than a private company. OPC registration is very easy and cheap process.

    OPC Registration opens up new business opportunities for sole proprietors and entrepreneurs who also wish to enjoy the advantages of limited liability, and a separate legal entity as well. OPC does away the hassles of finding the right partner for starting a business as the registered entity. It requires only one person who will act as a member, shareholder, and director. One Person Company is a Private Limited Company but with 1 stockholder or Owner. It is a more legalized and credible structure of a proprietorship. It has all the characteristics of a Private limited company but requires only 1 shareholder. More details of one Person Company can be found here.

    One Person Company in India is a new concept that has been introduced with the Company’s Act 2013. One Person Company in India is incorporated by a single person. Before the enforcement of the Companies Act 2013 a single person was not able to establish a company. An OPC has features of a Company and the benefits of the sole proprietorship. Earlier if a person had to establish a business then he or she should only opt for a sole proprietorship.

    What is the minimum requirement for OPC registration?


    Only 1 shareholder


    Minimum 1 Director


    A Candidate whose age is more than 18 years and is not a director in any other OPC

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    Documents required for OPC registration

    The documents required from the director and applicants are:

    PAN card
    Driver License
    Aadhar Card
    Bank Statement/ Mobile Bill / Utility Bill having an address

    Documents required of the proposed registered address are as follows

    Electricity bill/Other Utility Bill of the proposed registered address
    NOC or rent agreement from the owner of the premises
    Even if the director is the owner of the property NOC is needed from him

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    Major reasons for incorporating an OPC in India What are the benefits of Incorporating an OPC in India?

    Partnership firm registration has more advantages than disadvantages. Here, we have mentioned the advantages of Registering a Partnership firm.

    Status of a separate legal entity

    An OPC registration in India receives the status of a separate legal entity. Here the liability of the member is limited to his or her shares and he or she is not personally liable for the losses that are incurring.

    Easy to obtain funds

    As One Person Company is a separate legal entity it is easy to raise funds through venture capitals, angel investors, incubators, etc. One Person Companies get loans easily than a proprietorship firm. It is very easy to obtain funds.

    Fewer Compliances

    There are certain exemptions to the OPC when it comes to compliances under the Companies Act, 2013. There is no need for the Company Secretary to sign the books of accounts and annual returns and is to be signed only by the director.

    Easy Incorporation

    It is easy to incorporate an OPC as only one member and one Nominee are required for the incorporation. The member can be the Director too. For incorporating an OPC in India the minimum paid-up capital required is Rs.1 lakh. Thus, it is easy to incorporate a One Person Company as compared to other forms of the entity.

    Easier to manage

    The OPCs are easier to manage as they can be established as well as run by one single person. The decision-making is easy and quick. Thus, managing a company is easy as there won’t be any conflict or delay within the company.

    Perpetual succession

    A person needs to be appointed as a Nominee. On the death of the member, the nominee will run the company in the member’s place.

    Procedure to obtain OPC Registration

    Application for DSC: 

    The following documents are required to obtain the Digital Signature Certificate for the proposed Director for which the following documents need to be submitted:

    • Address proof
    • Aadhar Card
    • PAN Card
    • Photo
    • Email Id
    • Phone Number.

    Application for the Director Identification Number: 

    Once the DSC is obtained the next step is to apply for the DIN for the proposed Director in SPICe Form along with the name and address proof of the Director. Form DIR 3 is the only option that is available for existing companies. W.E.F from January 2018 the applicant is not required to file Form DIR 3 separately. DIR 3 can be applied within the SPICe Form for up to three Directors.

    Name Approval Application: 

    The next step while incorporating an OPC is to decide the name of the Company. The Name of the company can be approved in the SPICe+ 32 application. In case the name gets rejected another name can be submitted by making an application another SPICe+ Form.

    Once the name is approved by the MCA we move to the next step to draft the MOA and AOA of the company.

    MOA and AOA preparation: 

    The Memorandum of Association and Article of Association are to be submitted to the ROC.

    The Memorandum of Association consists of the objectives that are to be followed by the Company. The MOA states the business for which the company is being incorporated.

    The Articles of Association lays down the laws on which the company will operate.

    As there is only 1 Director and a member a Nominee has to be appointed because in case of incapacitation or death of the promoter the Nominee has to take the place. The consent of the Nominee will be taken along with the PAN and Aadhar card in Form INC 3.

    Declaration and Consent of the proposed Director will be taken in Form 9 and DIR 2 respectively.

    A declaration by a professional certifying that all the compliances are met.

    Filing Forms with MCA: 

    All the documents will be attached in the SPICe Form, The MoA and the AoA will be uploaded on the site for approval.

    Issuance of Certificate of Incorporation: 

    On verifying the Registrar of Companies will issue the Incorporation and the business can be commenced.

    FAQs On OPC Registration

    As the name suggests, a One Person Company can be started with one director.

    A nominee is a person who in the event of death or disability of the subscriber of the One Person Company shall assume his position. Memorandum of Association of a One Person Company will mandatorily prescribe the name of the person.

    Yes. Anyone can be appointed as a nominee, provided he or she holds a correct PAN in his or her name.

    Yes. A nominee can be changed at any time with due intimation to the Registrar.

    In case the paid up share capital of an OPC exceeds 50 lakh rupees or its average annual turnover of immediately preceding three consecutive financial years exceeds two crore rupees, then the OPC has to mandatorily convert itself into a private or public company.

    Yes, NRIs / Foreign Nationals / Foreign Companies can hold shares of a Private Limited Company subject to Foreign Direct Investment (FDI) Guidelines.

    The OPC shall inform RoC in form INC-5, if the threshold limit is exceeded and is required to be converted into private or public company.

    No, A person can be member in only one OPC.

    Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.

    No, FDI is not allowed for One Person Company. You may consider incorporating a Private Limited Company if you desire to bring FDI.

    Yes, the Act has not made any restriction for a One Person Company to become a member of another Private Limited Company.

    A One person company can easily be converted to a Public or Private Limited Company.

    No, you will not have to be present for registering of an OPC. OPC incorporation is a completely online process.

    BizHub provides One Person Company(OPC) Registration all across India. You can obtain One Person Company(OPC) registration in Ahmedabad, Mumbai, Pune, Bangalore, Chennai, Delhi, Kolkata, Kanpur, Nagpur, Jaipur or any other cities easily with us.

    Don’t worry!! Our expert will help you to choose a best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at ………………………………………………………………


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      OPC Standard Package

      Standard Package Covers

      1. Digital Signature Certificate
      2. Director Identification Number
      3. 1 Name Approval Application
      4. Stamp duty on INR 1 Lakh Authorized Capital
      5. Company Incorporation using SPICe+
      6. Copy of e-MOA & e-AOA
      8. 1 e-copy of Share Certificates
      9. ESIC Registration through SPICe Plus
      10. PF Registration through SPICe Plus
      11. Bank Account opening (feature) through SPICe Plus

      Fees for this Package

      Forrtuna Bizhub Price: 5999
      (Including Government Fee)
      Gst: 1080
      Total Price: 7079

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