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One Person Company Registration

Begin your dream company today.

When you use Fastrack Filing, forming a one-person corporation is simple! You can register a Person Company and start your business from the comfort of your own home with our help. Our knowledgeable staff will assist you with registering your OPC all throughout India. We will provide assistance with documentation, preparation, filing, and following ROC follow-up.


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One Person Company Registration

The Companies Act, 2013, for the first time introduced the One Person Company as a new type of business in India. To start a business, only one person is required. A nominee, on the other hand, must be nominated. To begin an OPC, read the sections below that describe the qualifying conditions and the detailed step-by-step approach.

The One Person Company is suitable for small enterprises with a turnover of less than Rs. 2 crores and a maximum capital investment of Rs. 50 lakhs. There can be multiple directors on an OPC. One of them, though, must be an Indian citizen. The fundamental disadvantage of the OPC structure is that it may only be established by an Indian citizen, and FDI is not permitted in one-person businesses.

Requirements for registering an OPC

Unique Name of Company

The proposed company name should not be confusingly similar to an existing corporation or limited liability partnership (LLP). You should also check the trademark registration to make sure the name doesn’t conflict with any existing or pending trademarks in India.

Capital Needed

Invest according to your business’s needs; there is no set amount of capital that must be kept in the company. The government charge for company registration, on the other hand, is based on the capital.

Resident Director

One of the company’s directors must be based in India. Regardless of citizenship, a person is considered a resident if he or she spends at least 182 days in India during the previous fiscal year. The duration of the stay can be divided into phases

Only one person is needed

Only one person can form an OPC in India, and that person will operate as the company’s directors/shareholders. An OPC’s maximum number of directors is 15, and its maximum number of shareholders is one.

Getting a One-Man Company Registered

Documents Required

  • Two Color Photographs of Promoter/Nominee
  • PAN Card of Promoter/Nominee
  • Identity Proof (Voter ID / Driving License / Passport)
  • Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
  • Proof of Registered Address
  • Utility Bill as Proof must be latest
  • NOC from the Owner of the Premises

Need any further assistance with business compliances and filings?

Frequently Asked Questions

Because there is only one shareholder in the OPC, any other person can be nominated as the nominee with their consent at the time of incorporation of a one-person company.

For OPC Formation in India, the following are the forms on which promoters need to sign, All the forms/formats are to be printed on plain A-4 size paper, and signature should be preferable with a blue ink pen.

  • DIR2 – Consent of Director
  • INC9 Declaration of Promoter
  • INC-9 A Declaration under Companies Act, 2013
  • Subscriber Sheet of MOA & AOA
  • Consent of the Nominee

A-One Person Company is formed with a physical address that will be identified as the newly registered OPC’s registered office. The following is a list of documents that are admissible as verification of the location of the company’s registered office. The proof of the premises should be no more than two months old.

  • Electricity Bill
  • Gas Bill
  • Telephone Bill
  • Mobile Bill
  • NOC from the owner

Under section 12 of The Companies Act, 2013, a registered office must be declared at the time of company incorporation and maintained by the company, and it must be capable of receiving and recognizing all communications and notices directed to it. Furthermore, the firm’s statutory records must be kept at the registered address of the company. As a result, having a registered address in a coworking space isn’t appropriate unless it’s a secure location.

There is no such thing as a certificate of incorporation or registration for a sole proprietorship. As a result, the proprietorship’s legal identity is established by numerous different registrations or licenses received in the proprietorship’s name. Similarly, each specific registration, such as the GST Certificate, MSME Registration Certificate, Tan Allotment Letter, and so on, will result in the issuing of a certificate of registration.

The OPC can have a three-year average turnover of Rs. 2 crores; if the turnover exceeds this, the firm must convert to a regular company.

Limited Liability means that the One Person company’s owner or shareholder is not personally liable for the company’s debts. They are only liable for the unpaid shares of the company’s capital. To be eligible, the shareholder must follow all rules and pay all taxes on time.

Apart from the above-mentioned characteristic of limited liability, a business has the following important characteristics.

  • No matter how many directors, officers, or stockholders join or depart, the firm will continue to exist.
  • In its name, a company can sue and be sued.
  • A legal entity, such as a corporation, has its own identity apart from its owners or stockholders.
  • Banks and financial institutions provide financial help to private limited corporations, although they receive a preferential rate of interest.
  • A private limited company, like a person, can buy, sell, own, hold, enjoy, and transfer property rights in its name to anyone.