One Person Company

One Person Company is a Legal entity as per the companies act 2013. it has only 1 member as a shareholder of the company. OPCs are created when there is only 1 founder or only one successor of the company, who do not want to involve others in the company.
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Entrepreneurs, who wants to start a Proprietorship business but want the advantages of a company go for One Person Company. it is an artificial person created by the law, it can act individually, an OPC can sue and can be sued on its own name.

Sole member of the OPC has to mention a nominee while registering the company. in case of death of the sole member of the company the nominee can choose to continue the business by being a sole member or close the company.

An OPC can be converted into a Private Limited Company, voluntarily or automatically, if the OPC is 2 or more years old then it can opt for voluntarily conversion to private limited company or if the OPC revenue crosses 2 Cr then automatically the OPC will be converted to Private Limited Company. However, some filings need to be completed before the conversion.

Benefits of One Person Company

Let’s understand the advantages of One Person Company

Limited Liability

The shareholder of the OPC enjoys limited liability in case of unfortunate events. The liability of the shareholder is limited to the investment made in the One Person Company. All the personal assets of the shareholder will be safe.

Less Compliance Burden

One Person Company enjoys all the benefits of Private Limited Company but comparatively it has less compliance burden. An OPC does not have hold a board meeting every quarter and AGM’s, etc. OPC have been provided with exemption on various compliances.

Legal Status & Social Recognition

Large organizations and governments prefer to work with One Person Company Instead of sole proprietorship. As it is a registered entity type and enjoys corporate status in business world.

Easy to Get Loan from Banks

Banking and financial institutes prefer to lend money to a One Person Company rather than a Sole Proprietorship business. As it is registered type of entity and regulates through the company laws


Basic Requirement

• 1 shareholders
• At least 2 Directors - Maximum of 15
• At least 1 Nominee
• Directors and shareholders can be the same person
• An address which acts as a registered address of the company

Documents requirement

For Each Director and shareholder
1. PAN card* (Mandatory for Indians & others if held)
2. Passport* (for NRI, Foreigners, and Indians if held)
3. Address proof (any 1 of) (Not more than 2 months old)
  a. Bank Statement
  b. Phone Bill
  c. Mobile Bill
  d. Electricity Bill

(Note - For NRI & Foreigners Documents issued by foreign authorities or signed outside India must be notarized & apostilled)

For Registered Address
  1. NOC from Owner*
  2. Rent Agreement*
  3. Utility Bill*

How to Register One Person Company?

Once the founders of the company finalize on the name of the company. Then the process of incorporation of One Person Company starts as below (Note: Name of the company can be different from the brand name, it is not mandatory to have same brand name as a company name)

Step 1: Application for DSC (Digital signature certificate) and DIN (Directors Identification Number)

Step 2: Apply for the Name reservation

Step 3: Drafting & filing MOA & AOA to register the One Person company

Step 4: Apply for the PAN and TAN of the company

Step 5: Issue Certificate of Incorporation along with PAN and TAN of the company

Key Deliverables

a. DSC of directors and shareholders

b. PAN and TAN number

c. Certificate of incorporation

d. MOA & AOA of the company

One Person Company

Why Choose Us

Entrepreneur Friendly

We make the process so easy and fast that you will not even feel the headache of all the paperwork, and our professionals will provide you all the promised deliverable within a given span of time.

Experienced Professionals

All our professionals are qualified and specialized in that particular work. Making sure no mistakes are done at the time of filings with the authorities so that company won’t have to pay any penalties due to mistakes.

One Stop for All Your Requirements

We support you throughout the journey of your business, from the incorporation, Accounting and taxation support, Secretarial compliance support, and Legal support.


We believe that cost plays a vital role in any company’s growth stage, that’s why we do not surprise our clients with hidden charges, you pay what you see in the initial proposal.

Frequently Asked Questions

Yes, OPC can be formed by an NRI, and it is possible only when the scriber of the company stayed more than 120 days in the previous calendar year in India.
No, an OPC cannot raise investment as it cannot introduce more than 1 shareholder in the company. so, offering equity shares is not possible.
Digital Signature Certificates are issued by a Registering Authority and it is governed by the CCA, GOI. Class III DSC contains higher security and authentication and it is made mandatory to get a class III DSC for all the directors.
After the Amendment Act in 2015, now there is no minimum Capital required under the Act for incorporation of a One Person Company (OPC). Earlier it was Rs, 1 lakh but now minimum can be as low as Re. 1. However, for practical purposes, at least authorized capital should be Rs. 99999 because that is the minimum for government fees i.e., Government fees will be minimum up to that capital.
Yes, one person company get import export license.

If you want to get import export code. check below points.
  • Generate shop act License of firm.
  • PAN card individual or firm.
  • Address proof Light bill or rent agreement on the name of firm.
  • Open bank account in nationalized bank and get check book.