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Get your One Person Company Registration in just three simple steps
  • Get excellent guidance to choose a creative name for your One Person Company
  • Draft your company's constitution (MoA and AoA)
  • Register your One Person Company with MCA (Ministry of Corporate Affairs)
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One Person Company/OPC Registration in India

An Overview- One Person Company Registration in India

OPC (One Person Company) is a private limited company with only One member. It can be register with single director. One Person company registration in India is a good alternative for sole proprietors.

An OPC registration is regulated by the Ministry of Corporate Affairs. A single individual gains full ownership in the company. Nomination is required against shareholding in the OPC of that single owner.

If an OPC's paid-up share capital surpasses fifty lakh rupees or its average annual turnover over the previous three financial years exceeds two crore rupees, the OPC is required to convert itself into a private or public company.

Finance Minister Nirmala Sitharaman during her budget speech on 1st February 2021, Monday, announced the changes in rules relating to one person companies. The amendment has now allowed NRIs to incorporate the one person companies in India. This amendment will come into force from 01.04.2021. Earlier only Indian resident citizens were allowed to form one person companies in India.

Entrepreneurs are advised to register their business as one person company in the starting of their business in India. In accordance with Companies act 2013, OPCs are considered as separate legal entities. It has perpetual existence like other companies. To get higher growth in business, entrepreneurs should choose one person company in India.

Mandatory Documents Required for Online OPC Registration

Mandatory documents which are required to register a company in India are identity proofs of proposed Directors and address proofs. Below is the list of documents accepted by MCA for online registration of the company in India.

Identity proof

  • Scanned Copy of PAN card and Aadhaar Card
  • Scanned Copy of Passport/DL/Voter ID
  • Scanned Copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity Bill/Gas Bill
  • Passport Size Photo

Note- For Foreign Nationals, Translated and Notarized copy of Passport is mandatory. Residence proof like electricity bills and bank statements should not be older than two months. All the above mentioned documents should be self attested.

Registered office proof

For Online One Person Company Registration in India, the Company should have registered offices in India, that can be residential and commercial as well. You need to submit the documents listed below:-

  • Scanned Copy of Telephone Bill/Water Bill/Electricity Bill
  • No Objection certificate from landlord (in case of rented premises)
  • Scanned Copy of Notarized Rental Agreement (in case of rented premises)
  • Scanned copy of ownership documents (in case of owned premises)

Nominee Requirements to register a OPC in India

The requirements for OPC registration in India for a nominee is

  • Scanned Copy of PAN card and Aadhaar Card
  • Scanned Copy of Passport/DL/Voter ID
  • Scanned Copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity Bill/Gas Bill
  • Passport Size Photo

Why to choose One Person Company (OPC) in India?

  • Individual Ownership

    There is only one shareholder/ member required for OPC registration. He gains full ownership in the company.

  • Less Compliance

    The compliance needed in one person company is very less as compared to private limited company.

  • Limited liability

    The liability of a single shareholder is limited to the extent of paid up shares capital and are not liable for any unforeseen losses of the company.

  • Separate legal entity

    One Person Company is a separate legal entity from its shareholder or director. It promotes the better functioning of the company.

  • Perpetual existence

    It has perpetual existence. It is not going to be affected by the insolvency or death of its member/director.

  • Organized Sector of Proprietorship

    OPC will convert the unorganized proprietorship sector into an organized private limited business.

Checklist for One Person Company Registration in india

To register a company in India, certain terms and conditions have to be met as per Companies Act, 2013.

A Unique Name

The name of your company should be unique. The name should not match with the name of any existing Company or Registered Trademarks.

One Directors

In India, One Person Company can be register with minimum one director and maximum fifteen directors. Now NRI can also register OPC in India.

Minimum capital Required

You can start a One Person Company with minimum capital of Rs. 1 but it is recommended to have share capital sufficient enough to fuel the company for its initial stage.

Registered Office

Company’s registered space can be commercial or residential. It can be owned or rented property. If rented, then NOC is required.

Detailed Registration process to register a company online.

Online Company Registration process is governed by the Ministry of Corporate Affairs with certain rules and regulations in accordance with law. You just have to provide the required documents/details for company registration to our expert team. Our expert team will take care of whole company registration process.

Steps for online One Person Company Registration in India:-

  • 1

    Apply for Digital Signature Certificate (DSC)

  • 2

    Application for Directors Identification Number (DIN)

  • 3

    RUN (Reserve Unique Name)

  • 4

    Drafting of the E-MOA and E-AOA

  • 5

    Application for PAN and TAN of the company

  • 6

    Bank account opening support

FAQs on One Person Company Registration In India

One person company refers to a firm that is incorporated by one person, who may be a resident or an NRI, and has the qualities of a corporation as well as the advantages of a sole proprietorship.

Advantages of OPC registration-

Individual Ownership

There is only one shareholder/member required for OPC registration. He gains full ownership in the company.

Less compliance

The compliance needed in one person company is very less as compared to private limited company.

Limited liability

The liability of a single shareholder is limited to the extent of paid up share capital and are not liable for any unforeseen losses of the company.

Separate legal entity

One Person Company is a separate legal entity from its shareholder or director. It promotes the better functioning of the company.

In case of

  • One-person company- 1 director required,
  • A private limited company- 2 directors required,
  • A public limited company- 3 directors required and
  • A producer company – 5 directors required

Mandatory documents which are required to register a company in India are identity proofs and address proofs. These documents are-

  • Pan card
  • Aadhaar
  • Passport/driving license/voter id
  • Rent agreement/lease deed with receipts
  • Utility bills
  • NOC from owner, if rented property
You can start a One Person Company with minimum capital of Rs. 1 but it is recommended to have share capital sufficient enough to fuel the company for its initial stage.
Nominee is the person appointed by the member of the company, who can manage his business after his death or in his absence. But the nominee must not be minor.
No, FDI is not allowed in the One Person Company. If OPCs are going for FDI then it will lose the nature of One Person Company.
Yes, Finance Minister Nirmala Sitharaman during her budget speech on 1st February 2021, Monday announced the changes in rules relating to one person companies.

The amendment has now allowed NRIs to incorporate the one person companies in India. This amendment will come into force from 01.04.2021.
No, you cannot be a member or nominee in more than one OPC.

Yes, you can convert your One Person Company to other kind of company following certain terms and conditions like-

  • It should have passed 2 years from the date of incorporation of OPC.
  • It's paid up capital has exceeds Rs.50000.
  • Its turnover has exceeded Rs. 2 crores annually.
According to the companies act 2013, One Person Company should have minimum 1 and maximum 15 directors.
No, all processes are online, you have to share your Identity proof and address proof.

There are three factors considered while applying for a company name—

  • Name should not be matched with the existing one.
  • Name should not be registered as a trademark.
  • It should not be prohibited under Emblems and Names act.
One Person Company requires 1 nominee. (nominee is the legal person appointed by the member of the company. Nominees have capacity to become the member of the company after the death of the member of the company.
Startup club India helps you to register a One Person Company within 5 days.

Why Startup Club India?

We ensure perfect customer satisfaction and timely delivery of services by qualified company staff and chartered accountants. Whole process is managed online with better assistance.

Startup Club India provides you the best service as compared to others. We will help you -

  • To Register Company Name
  • To Approve DIN and DSC for directors
  • To Draft MoA and AoA
  • To Apply for PAN and TAN
  • To Open a zero balance current account.
  • To get Company Incorporation Certificate

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