One Person Company (OPC)

Overview

An OPC lets a single person run a company without finding a second shareholder. It was introduced in the Companies Act, 2013 for exactly the founder who wants corporate standing but has no partner to bring in.

You get what a proprietorship cannot give you: limited liability, so personal assets sit outside the business, and a separate legal identity that contracts, banks and buyers take more seriously. Continuity is handled by a nominee named at incorporation, who steps into the shareholding if the sole member dies — so the company survives its owner.

There are boundaries worth knowing before you commit. An OPC has one shareholder, cannot issue equity to investors while it stays an OPC, and converts to a private limited company once it crosses the thresholds in the Act. We will tell you honestly whether OPC or a private limited company fits where you are heading, then incorporate it and run the annual compliance.

Why choose this

Benefits of One Person Company (OPC)

• A company with one owner

  Full corporate standing without needing to find a second shareholder to start.

• Limited liability

  The owner's personal assets are separate from the business, unlike a sole proprietorship.

• Nominee-based continuity

  A nominee named at incorporation takes over the shareholding if the sole member dies, so the company survives.

• Separate legal entity

  The company contracts and owns assets in its own name, which is generally taken more seriously than a proprietorship.

How it works

1. 01

   Eligibility confirmed and nominee identified

2. 02

   Digital signature and director identification

3. 03

   Name reserved with the Registrar

4. 04

   Memorandum, articles and nominee consent prepared

5. 05

   Incorporation filed

6. 06

   Certificate, PAN and TAN handed over