One Person Company (OPC) Registration
Business Registration
One Person Company (OPC) Registration in India
A one person company lets a single founder run a company with limited liability. In short, one person company registration gives you a separate legal identity and full control. However, the filings must be exact. Therefore, Prospect Legal handles your one person company registration end to end — from DSC to the incorporation certificate.
10+
Years in Legal Practice
SPICe+
MCA Filing
1 Director
Minimum Needed
End-to-End
DSC to COI
Own a Company, Solo
What is a one person company?
A one person company is a company with just one member. Simply put, it is a separate legal person from its owner. Also, the liability of the member is limited to the shares. Therefore, personal assets stay protected.
This structure suits solo founders and small businesses. First, it gives a corporate identity without a second partner. Next, it builds trust with banks and clients. Also, it needs only one nominee. Because of this, many single owners choose it.
Why choose a one person company?
One person company registration offers clear advantages. In practice, these are the main ones.
- Full control. Notably, one member runs and owns the whole company.
- Limited liability. Moreover, the owner is liable only up to the shareholding.
- Separate legal identity. Also, the company can own assets and sign contracts in its own name.
- Perpetual succession. Finally, the nominee continues the company if the owner cannot.
Eligibility and legal requirements
A one person company is formed under the Companies Act, 2013. In short, you need one member, one director and one nominee. Also, the member and nominee must be resident Indian citizens. Next, you need a registered office address in India. Finally, the director needs a DIN and a Digital Signature Certificate (DSC). Accordingly, we arrange all of these for you.
Documents required for one person company registration
You need only a few documents to start. Also, our team checks each one before filing. As a result, approval stays smooth. Here is the list:
- PAN and Aadhaar of the director and nominee
- Passport-size photos of the director
- Address proof — bank statement or utility bill
- Proof of the registered office, such as a rent agreement
- A No Objection Certificate from the property owner
- Email and mobile number of the director and nominee
One person company registration — step by step
The process is simple with expert help. Moreover, Prospect Legal handles every step for you. Here is how it works:
Step 1 — Get DSC and DIN
First, we obtain a Digital Signature Certificate for the director. Then, we apply for the Director Identification Number.
Step 2 — Reserve the company name
Next, we file the name in SPICe+ Part A. Also, we check that the name is unique and available.
Step 3 — File SPICe+ with the nominee
Then, we file SPICe+ Part B with the e-MOA (INC-33), e-AOA (INC-34) and the nominee consent in Form INC-3. Also, the linked AGILE-PRO-S covers PAN, TAN and GST together.
Step 4 — Receive the incorporation certificate
Finally, the MCA issues the Certificate of Incorporation. After that, your OPC is ready to start operations.
OPC vs private limited vs sole proprietorship
Solo founders often compare the three options. In short, they differ in liability, compliance and identity. The table makes it clear.
| Point | One Person Company | Private Limited | Sole Proprietorship |
|---|---|---|---|
| Owners needed | 1 member + 1 nominee | 2 or more | 1 person |
| Liability | Limited | Limited | Unlimited |
| Separate identity | Yes | Yes | No |
| Best for | Solo founders wanting a company | Startups seeking investors | Very small local trades |
Cost, timeline and post-incorporation steps
One person company registration is quick with the right help. In practice, incorporation takes a few working days once documents are ready. Because government fees vary by state and capital, we quote the exact figure upfront.
A few steps follow incorporation. First, open a company bank account. Next, deposit the subscribed capital. Also, file the commencement of business form (INC-20A). Therefore, we guide you through each one.
One person company compliance calendar (first year)
An OPC has a few time-bound filings, but lighter than a bigger company. In short, we track and file each one for you.
| Filing | Form | Due date |
|---|---|---|
| Commencement of business | INC-20A | Within 180 days of incorporation |
| First auditor appointment | ADT-1 | Within 30 days of incorporation |
| Board meeting | — | At least one in each half of the year |
| Director KYC | DIR-3 KYC | By 30 September every year |
| Financial statements | AOC-4 | Within 180 days of the financial year end |
| Annual return | MGT-7A | Within 60 days of the notional AGM date |
What makes up the cost of registration?
The total cost has a few clear parts. Also, government charges vary by state and capital, so we quote the exact figure upfront. Here is what it covers.
| Component | What it covers | Notes |
|---|---|---|
| Digital Signature (DSC) | A signature for the director | One-time |
| Name reservation | Reserve the name in SPICe+ Part A | Small government fee |
| MCA filing fee | The SPICe+ incorporation filing | Scales with authorised capital |
| Stamp duty | Duty on the MOA and AOA | Varies by state |
| PAN, TAN & GST | Applied within SPICe+ | Included in the filing |
| Professional fee | Our end-to-end handling | Fixed and quoted upfront |
Why choose Prospect Legal for one person company registration?
Many portals just file a form. Few, however, guide you like a partner. Here is what sets us apart:
- Fixed pricing. Because our fees are clear, you face no surprises.
- End-to-end. Also, we handle DSC, DIN, name approval and SPICe+ together.
- Nominee guidance. Next, we help you choose and document the nominee correctly.
- Fast turnaround. Moreover, we push the MCA process to save time.
- Real support. Above all, you can reach a human on call or WhatsApp anytime.
One person company registration — what’s included
| Service | What we do | Benefit to you |
|---|---|---|
| DSC & DIN | Digital signature and director ID | A ready-to-file director |
| Name Approval | Reserve a unique company name | A brand you can keep |
| MOA & AOA | Draft the charter documents | A compliant foundation |
| SPICe+ Filing | File incorporation with the MCA | A registered OPC |
| PAN, TAN & COI | Apply for PAN, TAN and get the COI | Ready to operate |
| Post-Setup Guidance | Bank account and INC-20A | A smooth start |
Related business registration services
Not sure which structure fits you? Therefore, explore these related services next:
Frequently asked questions about one person company registration
Who can register a one person company?
Only a resident Indian citizen can register an OPC. Also, that person acts as the sole member and director. In addition, a nominee is required. So, one owner and one nominee are enough.
What is the minimum capital for an OPC?
There is no minimum paid-up capital for an OPC. Simply put, you can start with any amount. Also, you choose the authorised capital. Therefore, the structure suits small founders too.
How long does OPC registration take?
With documents ready, it takes only a few working days. However, MCA processing can add time. So, timelines vary a little. Meanwhile, we push the process to keep it fast.
Why does an OPC need a nominee?
The nominee steps in if the sole member dies or cannot act. Notably, this keeps the company running. Then, the nominee gives written consent. Finally, we document it correctly for you.
Cost, conversion and compliance
What does OPC registration cost?
The cost depends on the state and the authorised capital. Also, professional fees apply for the filing. Because both vary, we quote the exact figure upfront. So, there are no surprises.
Can an OPC be converted to a private limited company?
Yes, an OPC can convert into a private limited company at any time. Notably, since 2021 this conversion is voluntary — it is no longer forced by turnover or capital limits. Then, fresh filings and approvals apply. Accordingly, we guide the conversion.
What compliances apply after registration?
An OPC files annual returns and financial statements. Also, it holds board meetings where required. In addition, INC-20A is filed to start business. We set these up for you.
Can I register the OPC at my home address?
Yes, you can use a residential address as the registered office. Also, you need a No Objection Certificate from the owner. So, a separate office is not required. Meanwhile, we guide the paperwork.
Other common questions
Can one person own more than one OPC?
No, a person can incorporate only one OPC at a time. Also, the same person cannot be a nominee in more than one OPC. So, the rule keeps it simple. We check eligibility first.
What is the difference between an OPC and a sole proprietorship?
An OPC is a separate legal entity with limited liability. A sole proprietorship is not separate and has unlimited liability. So, the OPC offers more protection. Accordingly, we advise the better fit.
Do I get PAN and TAN with incorporation?
Yes, PAN and TAN are applied for within SPICe+. Also, they arrive with the incorporation. So, you do not apply separately. This saves you time.
Can Prospect Legal handle the full OPC registration?
Yes, we manage it end to end. First, DSC, DIN and name approval. Next, SPICe+, MOA, AOA and nominee consent. Finally, the COI, PAN and TAN. Call 7000-12-7225 to begin.
Post-incorporation compliance
What is INC-20A and when must it be filed?
INC-20A is the declaration for commencement of business. Notably, you file it within 180 days of incorporation. Then, the OPC can start operations. Accordingly, we file it on time for you.
Does an OPC have to hold an AGM?
No, an OPC is exempt from holding an annual general meeting. Simply put, this is a key relief for solo founders. Also, the rules are lighter than a bigger company. So, compliance stays simple.
What annual filings does an OPC make?
An OPC files AOC-4 and MGT-7A each year. Also, it appoints an auditor through ADT-1. In addition, the director files DIR-3 KYC. We handle all of these for you.
Does an OPC need a cash flow statement?
No, an OPC does not need to prepare a cash flow statement. Notably, this is another compliance relief. Then, the financials stay simpler. Accordingly, we keep filings light and correct.
Ready to register your one person company? Start today.
Do not let paperwork slow your launch. Instead, let our experts file your one person company registration end to end. As a result, you get a compliant OPC, fast.
