Register a one person company registration online in India within 7 – 10 days. Get expert help from The Expert India Consultancy in OPC registration.
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With the introduction of the Companies Act, 2013 the concept of the One Person Company came into existence to motivate the small traders and entrepreneurs who has the potentiality to start their own business and build up their own identity.
The biggest advantages of starting a One Person Company are that only one person is required to start the business. An entrepreneur can be the master of their own domain in case of One Person Company (OPC). Wherein in case of Private Limited Company or LLP, minimum of two members is needed to be incorporated.
One Person Company was introduced in the J.J Report to create empowerment for the entrepreneurs where they can give a shape to their ideas. As there is a progress in the use of information technology and growth in the service sector in India, government has launched the concept of OPC.
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Choose the best plan for your One Person Company registration needs
All plans include expert CA/CS guidance and complete documentation support
Our experts will help you select the best package for your needs
Prepare these essential documents to ensure a smooth and fast company registration process
3 copies of recent passport size photographs of all directors
Valid PAN card of all directors and shareholders
Current address proof matching with PAN card details
Government-issued identity proof with photograph
Recent utility bill not older than 3 months
No Objection Certificate from local authorities (if required)
Download our comprehensive document checklist
Our experts will guide you through the entire documentation process to ensure quick approval and hassle-free registration.
Compare different business structures to make an informed decision
| Criteria | Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm |
|---|---|---|---|---|---|
| Act | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
| Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | No |
| Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
| Separate Legal Entity | Yes | Yes | Yes | No | No |
| Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
| Statutory Audit | Mandatory | Mandatory | Dependent | Not mandatory | Not mandatory |
| Ownership Transfer ability | Yes | No | Yes | No | No |
| Uninterrupted Existence | Yes | Yes | Yes | No | No |
| Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
| Tax Rates | Moderate | Moderate | High | High | Low |
| Statutory Compliance | High | Moderate | Moderate | Less | Less |
Note: One Person Company offers the perfect solution for solo entrepreneurs with limited liability protection and moderate compliance requirements.
Discover the key benefits of registering your business as a One Person Company
The directors personal property is forever safe in no matter the debts of the business. In OPC only investment in the company is lost, personal assets of the directors are saved.
An OPC has a seperate legal identity, it would pass on the nominee director, therefore, it has continued existence.
An OPC requires to have its books audited yearly, it has credibility between vendors and lending institutions.
OPC Company is simple to sell because of limited documentation work.
The fact helps in fast decision making and execution. Yet OPC can select as many as 15 directors for official functions, without providing any share to them.
OPC is 1 of the easiest forms of corporate entities to operate. Very few ROC filing is to be registered with the Registrar of Companies.
Get answers to common questions about One Person Company registration
Our expert legal team is available 24/7 to answer all your questions and provide personalized guidance for your specific needs.