One Person Company (OPC)
Enjoy the benefits of a company with just one owner.
A One Person Company (OPC) gives a single founder the benefits of a company: a separate legal identity, limited liability and better credibility. It is ideal for solo entrepreneurs who want more protection than a proprietorship without needing a partner. CASYST handles name approval, incorporation and post-registration set-up.
What is One Person Company (OPC)?
A One Person Company is a company with only one member (shareholder). It is incorporated under the Companies Act, 2013, and is treated as a separate legal entity from its owner, so the owner's personal assets are generally protected from business liabilities.
Because there is only one member, the law requires a nominee who would step in if the member dies or becomes incapacitated. Rules on eligibility, size and conversion are updated from time to time, so we confirm the current position before filing.
Who needs One Person Company (OPC)?
- Solo founders who want limited liability
- Freelancers and consultants ready to move from a proprietorship to a company
- Small businesses that want to build credibility with banks and clients
- Entrepreneurs who want full control without partners or co-founders
If you plan to add co-founders or raise investment soon, a Private Limited Company is usually the better long-term choice.
Benefits of One Person Company (OPC)
Limited liability
Personal assets are generally protected from company debts.
Separate legal identity
The company can own property, sign contracts and sue or be sued in its own name.
Single-owner control
One person holds all the shares and takes decisions without partners.
Better credibility
A registered company inspires more trust with banks, clients and vendors.
Perpetual existence
The company continues even if the owner changes, through the nominee.
Eligibility
- The member must be a natural person and meet the residency and citizenship rules
- A nominee must be named in the incorporation documents
- One person can be the member of only one OPC at a time, subject to the rules
- The company must have a lawful business objective
Documents required
- PAN card and Aadhaar card of the member and the nominee
- Passport-size photographs of the member and nominee
- Address proof such as a bank statement or utility bill
- Proof of registered office address, with NOC from the owner
- Nominee's consent to act as nominee
- Identity and address proof for the director if different from the member
One Person Company (OPC) process
- 1Step 1
Digital Signature Certificate and DIN
We arrange a DSC and director identification for the director.
- 2Step 2
Name approval
We check availability and reserve the company name with the Registrar of Companies.
- 3Step 3
Prepare incorporation documents
We draft the Memorandum and Articles of Association and record the nominee's consent.
- 4Step 4
File incorporation
We file the incorporation application with the Ministry of Corporate Affairs.
- 5Step 5
Certificate of Incorporation
On approval you receive the certificate with your company's CIN, PAN and TAN.
- 6Step 6
Post-incorporation set-up
We guide you on the bank account, commencement of business filing and compliance calendar.
Annual compliance
- Hold the required board meetings and keep minutes
- Get the accounts audited and file financial statements with the Registrar
- File the annual return and director KYC on time
- File the company's income tax return every year
- Maintain statutory registers and update them for any change
Choosing a company name
- It should end with the words the law requires for an OPC
- It must not be identical or too similar to an existing company or trademark
- Keep it unique, easy to spell and easy to remember
- Check that the matching domain name is available
OPC vs Private Limited vs LLP
| Point | OPC | Private Limited | LLP |
|---|---|---|---|
| Members | One | Two or more | Two or more partners |
| Liability | Limited | Limited | Limited |
| Raising funds | Restricted | Easiest | Limited |
| Compliance | Lighter than a private company | Higher | Moderate |
How long does OPC registration take?
Timelines depend on document readiness and on how quickly the authority reviews and responds, so we give you an estimate for your case at the start and keep you updated at each stage.
Compliance due dates
- Financial statements and annual return are due each year after the financial year ends
- Income tax return is due by the date applicable to companies
- Director KYC is due every year
- Auditor appointment intimation is filed within the time allowed
- Limits, dates and rates are revised by the authorities from time to time, so we confirm the current position before we file.
Related services
One Person Company (OPC) cost
Our One Person Company (OPC) package starts from ₹5,999. Government fees, stamp duty and other statutory charges are separate and depend on your state and the exact filing involved. We give you a clear, itemised quote before we start, with no hidden charges.
Get a QuoteOne Person Company (OPC) checklist
- Digital Signature Certificate and DIN
- Name approval
- Prepare incorporation documents
- File incorporation
- Certificate of Incorporation
- Post-incorporation set-up
Frequently asked questions
A natural person who meets the residency and citizenship conditions under the Companies Act. We confirm eligibility for you before we start.
Yes. The nominee's consent is part of the incorporation filing.
Yes. A company must have its accounts audited and file annual returns, even with low turnover.
Yes. You can convert as the business grows, and we can handle the conversion filings.
Timelines depend on name approval and document checks, and are usually a matter of a few working days once documents are complete.
Ready to register One Person Company (OPC)?
Join 500+ businesses who leverage CASYST for seamless, high-integrity legal operations.