One Person Company Registration

Entrepreneurs who want limited liability and a separate legal identity often prefer to register for a One-Person Company (OPC) in India. A One-Person Company (OPC) allows a single entrepreneur/person to run the entire company, enjoying limited liability while maintaining full control. Through a One-Person Company (OPC) registration in Delhi, a single person can act as both director and shareholder, combining the benefits of a sole proprietorship with the legal protection of a private limited company.

Startup Club India is here to help you with OPC Registration in India. We make the registration process simple and hassle-free; this way, entrepreneurs can easily handle legal formalities at a reasonable cost. With the help of our experienced team, you can easily and smoothly navigate from documentation to filing. We are here to assist you at every step so that your One Person Company Registration in Delhi is done smoothly and perfectly.      

What is One Person Company?

OPC registration in India was introduced under the Companies Act 2013; here, a solo entrepreneur can start his/her company with limited liabilities. The main purpose behind OPC was to motivate and encourage entrepreneurs to the formalization of MSMEs, i.e. Micro, Small, and Medium Enterprises. An OPC requires just one person to act as both director and member. If you are considering registering an OPC in India, here is what you need to know about the process and eligibility.   

Eligibility Criteria for One Person Company

Before you start with the one-person registration process, it is very important to understand the specific eligibility criteria and limitations that come with it.

• Natural Person and Indian Citizen - If you are a natural person and an Indian citizen, then only you can register for an OPC. Business entities like LLPs or companies cannot register for an OPC.
• Resident in India - To register for an OPC, you must be an Indian resident, meaning you must have stayed in India for at least 182 days in the last year.
• Minimum Authorized Capital - The minimum authorised capital required for an OPC registration is of ₹1,00,000, as specified in the capital clause during registration.
• Nominee Appointment - During OPC registration, the promoter must appoint a nominee who will take over as a member if the promoter dies or becomes incapacitated.
• Restrictions on Certain Businesses - OPCs cannot be registered for businesses involved in financial activities such as banking, insurance, and investments cannot go for OPC company registration.
• Conversion to a Private Limited Company - If an OPC grows beyond ₹50 lakhs in paid-up capital or earns more than ₹2 crores annually, then it must be converted into a private limited company to meet regulatory requirements.

Note: You must keep in mind that only one person can apply for one OPC, and minors cannot be members.

Registration Process of OPC in India

Registration of an OPC company in India is done through the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form. It has replaced the previous application forms. The following are the steps for single-person company registration:-

Step 1: Apply for a DSC (Digital Signature Certificate)

Step 2: Secure a  DIN (Director Identification Number)

Step 3: Reservation of the name

Step 4: Prepare MOA and AOA

Step 5: File the forms

Step 6: Certificate of Incorporation

Why Startup Club India for OPC Registration

Startup Club India is one the best One Person Company Registration Consultants, we are your ideal partner for OPC registration online. With our expert guidance and years of experience, we simplify the complex OPC registration process. We also provide help outside India, such as in Hong Kong, the United States, the United Arab Emirates, the United Kindgom, Canada, Australia, Singapore, Germany, and South Africa.