One Person Company Registration: Start OPC with Bright Advis

Introduction

One Person Company (OPC) is a business where a single individual can form a private company. An OPC combines the best features of a Private Limited Company with the advantages of Sole Proprietorship.

In One Person Company, there is no requirement for a group of people to complete the registration. This arrangement enables a single individual to establish a distinct legal entity for their business, providing the added benefit of limited liability protection. An OPC has minimal compliance requirements in comparison with a private limited or a public limited company.

At Bright Advis, we simplify the One Person Company (OPC) registration process. Our expert team ensures a smooth navigation in completion of the legal formalities.

We guarantee 7 days Registration of your One Person Company.

Documents Checklist

Bright Advis has compiled a detailed list of documents that are required to register a One Person Company. Speak to our experts for any queries.

Identity Proof

Address Proof

Proof of Registered Office

process

Registration Process

in 3 Simple Steps

At Bright Advis, we have simplified the entire registration process of a One Person Company into 3 simple steps. This makes your journey smooth, structured and easy.

Following the successful verification of documents, Bright Advis ensures a seamless process for the issuance of Certificate of Incorporation from the Ministry of Corporate Affairs (MCA). The COI includes essential details such as the Company Identification Number, PAN and TAN.

benefits

What's Good

about a One Person Company

Access to Funds

Since an One Person Company operates as a private company, fundraising through venture capitals, angel investors, and incubators becomes more accessible. Banks and financial institutions also exhibit a preference for granting loans to OPC’s over proprietorship firms.

Smooth Management

Like Sole Proprietorship, a single person can establish and run the OPC. The business management and the decision-making process is quick and effortless. Thus, running and managing an OPC becomes easy as there won’t be any conflict or delay within the company.

Easy Incorporation

It is easy to incorporate OPC as only one member and one nominee is required for its incorporation. The member can be the director also. The minimum authorised capital for incorporating OPC is Rs.1 lakh but there is no minimum paid-up capital requirement. Thus, it is easy to incorporate as compared to the other forms of company.

Less Compliances

The compliance requirements for an One Person Company are less than those required for a Private and Public Limited Company. As an example, an OPC need not prepare a Cash Flow Statement.

Legal Status and Limited Liability

Upon incorporation an OPC obtains a separate legal entity status. The OPC's separate legal entity status ensures that the Director's liability is limited to just shares, and the Director is not personally liable for the loss of the company.

Tax Benefits

OPCs may be eligible for certain tax benefits available to small companies. These can include deductions and exemptions, making the business more tax-efficient.

What do you get

when you register with our help

Ready to Register your Company?

When you register your business with the help of Bright Advis, you not only get the items mentioned on the side, you also get a friend who advices, guides and helps you grow into a great business.

testimonials

What our clients say

Very structured service which did not delay the entire process as we were looking to open our company as soon as passible. Thank you for hassle free service.

Shreya Joshi

From what we read online, it seemed like a long and lengthy process. But these guys made it look effortless. Worth it!

Ravi Sharma

We had a smooth process. Thanks a lot Bright Advis! We want to continue our association for other areas as well, hope you support in the same manner.

Anand Singh

Bright Advis helped us with all our doubts right from the beginning and incorporated our private limited company.

Karthik Iyer

Why Bright Advis

There are many reasons why clients choose Bright Advis, but from our experience we have listed the four main reason why you should go with us.

Bright & Knowledgeable

Bright Advis delivers high quality financial services by a team of bright and knowledgeable experts.

Always happy to help

Bright Advis commit to provide dedicated support and assistance to our clients.

Professional & Approachable

We maintain a high level of professionalism while being easily approachable for our clients.

Easy & Quick

We focus on streamlining and simplifying the complex processes for our clients.

Checklist for Registration

This checklist includes everything that you would need to incorporate a One Person Company. These are mandatory requirements.

Timeline

After consultation and review of required documents by a Bright Advis expert, the incorporation process takes between 7 to 10 working days.

Confused between Sole proprietorship or OPC? Speak with an expert.

Frequently Asked Questions

What are the eligibility criteria for OPC registration?

To register an OPC, you must be a natural person and an Indian citizen, resident in India for at least 182 days during the previous calendar year. The OPC must have a minimum authorized capital of Rs 1,00,000, and a nominee must be appointed.

Can an OPC engage in financial activities like banking or insurance?

No, an OPC cannot engage in financial activities like banking, insurance, or investments.

What happens if the OPCs paid-up share capital exceeds 50 lakhs or its annual turnover exceeds 2 Crores?

In such cases, the OPC must be converted into a private limited company to comply with regulatory requirements.

Can an OPC have a minor as its member?

No, an OPC cannot have a minor as its member.

What is a Director Identification Number (DIN), and why is it required?

A DIN is a unique identification number for directors, and its required for legal compliance and governance.

How is the registered office address determined for an OPC?

The registered office address should be decided and declared during the registration process.

What is the role of a nominee in an OPC?

A nominee is appointed to take over the OPC in the event of the directors death or incapacity.

What are the post-incorporation formalities for an OPC?

Post-incorporation formalities may include filing a notice regarding the registered office within 30 days after incorporation.

Bought Together

There are many reasons why clients choose Bright Advis, but from our experience we have listed the four main reason why you should go with us.

One Person Company (OPC) Registration in India: A Complete Guide

What is One Person Company (OPC)?

Starting a business in India has become significantly easier over the past decade, especially for solo entrepreneurs. For individuals who wish to run a company on their own while enjoying the benefits of limited liability, the concept of a One Person Company (OPC) is a revolutionary option. This guide will walk you through everything you need to know about OPCs, including their meaning, benefits, drawbacks, registration process, and frequently asked questions. We’ll also explore why OPCs are among the top 10 one person company in India options for entrepreneurs. Bright Advis offers expert services to help you register your OPC smoothly and efficiently.
OPC full form is One Person Company. It is a type of private limited company that can be started with just one person as its sole shareholder and director. Introduced under the Companies Act, 2013, an OPC provides a hybrid structure that combines the flexibility of a sole proprietorship with the advantages of a registered company.

Unlike a traditional company that requires at least two members, a one person company or single person company can be established and managed by a single person, making it ideal for small business owners, consultants, and freelancers in India. The key feature is that it offers limited liability protection, meaning the personal assets of the business owner remain secure in case of financial difficulties.

OPC meaning in company law refers to a corporate structure where a single individual can incorporate a company, promoting entrepreneurship and formalizing small businesses. This concept falls under the OPC in company law provisions of the Companies Act 2013.

Advantages and Disadvantages of One Person Company

Here’s a comparative view of the key benefits and limitations of a one person company:

Advantages	Disadvantages
Limited Liability Protection for the owner	Limited to small businesses with turnover not exceeding Rs. 2 crores
Separate Legal Entity from the owner	Cannot engage in investment or financial activities
Lesser Compliance compared to a Private Limited Company	Single ownership may restrict growth
Better Credibility for Bank Loans and Fundraising	Limited credibility in large industries
Quick Decision-Making Authority	Mandatory conversion to Private Limited on reaching financial limits
Perpetual Succession with a Nominee	Heavy dependency on the founder

Bright Advis ensures that you enjoy the maximum advantages while minimizing the limitations when you register your OPC with us.

Step-by-Step Process for One Person Company Registration

Bright Advis ensures that your one person company registration process is smooth and easy. Here’s the step-by-step guide for the OPC registration process:

Step 1: Obtain a Digital Signature Certificate (DSC)

A Digital Signature Certificate is required to sign documents electronically on the Ministry of Corporate Affairs (MCA) portal. It is mandatory for the proposed director.

Step 2: Apply for Director Identification Number (DIN)

DIN is a unique identification number assigned to a director. It can be obtained through the SPICe+ form.

Step 3: Name Reservation Using SPICe+ Part A

Choose a unique name for your OPC company. The OPC company name should follow MCA naming guidelines and must not be similar to existing companies or trademarks.

Step 4: Prepare Required Documents

Documents include:

Memorandum of Association (MoA)
Articles of Association (AoA)
Proof of registered office
Identity and address proof of the director
Consent of the nominee in Form INC-3

Step 5: File Incorporation Documents via SPICe+ Part B

Submit the forms along with all required documents to the Registrar of Companies. After verification, the registrar will issue the Certificate of Incorporation.

Step 6: Receive Incorporation Certificate, PAN, and TAN

Once approved, the business receives its OPC certificate (Certificate of Incorporation) along with its PAN and TAN.

To register OPC, you’ll need to pay the OPC company registration fees. The OPC registration fees vary depending on the authorized capital of your company.

Checklist for One Person Company Registration

To successfully register a one person company in India, ensure you meet the following criteria:

Only one member (single member, Indian citizen, resident of India)
One nominee (Indian citizen, resident of India)
One director (can be the same as the member)
Digital Signature Certificate (DSC)
Director Identification Number (DIN)
Authorized capital of at least Rs. 1 lakh
Registered office address
Proposed company name (must follow MCA rules)

Bright Advis assists you with the complete checklist and documentation for easy OPC registration.

Timeline for One Person Company Registration

The registration process is quick and can usually be completed within 7–10 working days:

Digital Signature: 1–2 days
DIN and Name Approval: 2–3 days
Filing and Approval of Incorporation: 3–5 days

However, this timeline may vary depending on documentation and government processing time.

Commonly Asked Questions about OPC

Who can start an OPC?

Any individual who is an Indian citizen and resident in India can start an OPC company.

Can someone be a part of more than one OPC?

No, an individual cannot be a member or nominee in more than one one person company.

What happens if the OPC crosses turnover or capital limits?

The company must convert to a private limited company within 6 months if it exceeds Rs. 2 crore in turnover or Rs. 50 lakh in capital.

Can NRIs or Foreign Nationals incorporate an OPC?

No, only Indian residents can incorporate a one person company in India.

Can an OPC be converted into another business structure?

Yes, voluntary and mandatory conversions are allowed. An OPC can be converted into an OPC private limited company.

Does an OPC need to file tax returns?

Yes, like any other company, an OPC is required to file financial statements and perform tax filing.

Are OPCs required to hold board meetings?

While annual general meetings are not mandatory, OPCs must maintain proper records of decisions taken by the single owner company.

Is a statutory audit necessary for OPCs?

Yes, OPCs are required to undergo a statutory audit annually, similar to other types of companies.

Why One Person Company is a Good Option for Indian Entrepreneurs

The concept of one person company was introduced to support individual entrepreneurs in formalizing their business under a structured, credible entity. In India, where many businesses operate as sole proprietorships without limited liability protection, OPCs serve as a bridge to structured corporate ownership.

For freelancers, small traders, online sellers, consultants, and service providers, OPCs offer a strong business identity along with easier compliance requirements. Bright Advis provides professional support to ensure that your one-person company registration online is seamless and aligned with legal requirements.

By following the right procedures and complying with government regulations, you can start your own OPC company in a matter of days and enjoy the benefits of a recognised business structure. Whether you’re just starting or looking to scale your solo business, Bright Advis is here to help you at every step of your entrepreneurial journey.

Register a One Person Company in

3 simple steps @ RS. 4,999

We're ready to help incorporate your OPC today!