What is a One Person Company and who can register it?

A One Person Company or OPC is a company with a single member-director introduced under Section 2(62) of the Companies Act 2013. It gives solo founders all the benefits of a Private Limited Company including limited liability and separate legal entity without needing a second shareholder. Only an Indian citizen who is resident in India, meaning stayed more than 120 days in the preceding financial year, can incorporate an OPC. NRIs cannot incorporate an OPC.

What is the cost of OPC registration in India?

TAXAJ's OPC registration packages start at Rs 7,999 plus GST for the OPC Starter package covering DSC, DIN, name approval, MOA and AOA drafting, SPICe+ filing, Certificate of Incorporation, PAN and TAN. The OPC Complete package is Rs 11,999 and adds GST registration, INC-20A, MSME certificate and bank account assistance. The OPC Annual Bundle is Rs 17,999 and includes the first year statutory audit, AOC-4 and MGT-7A ROC filing, ITR-6 and 12 months of GST filing.

Is a nominee mandatory for OPC registration?

Yes. A nominee director is mandatory for OPC under Section 3(1)(c) of the Companies Act 2013 and must be named in the Memorandum of Association at the time of incorporation. The nominee files written consent in Form INC-3. The nominee takes over the OPC if the sole member becomes incapacitated or dies. The nominee must also be an Indian citizen and resident in India and cannot be a member of any other OPC.

When must an OPC convert to a Private Limited Company?

Mandatory conversion to a Private Limited Company is required when paid-up share capital exceeds Rs 50 lakhs or when average annual turnover exceeds Rs 2 crores in any financial year. The OPC must convert within 6 months of crossing these thresholds by filing Form INC-6 on MCA. Voluntary conversion before reaching these thresholds is also permitted at any time.

What is the difference between OPC and Proprietorship?

An OPC is a registered company under MCA with a Certificate of Incorporation, separate legal entity, limited liability protection, perpetual succession through a nominee, and corporate credibility for bank loans and tenders. A proprietorship has no separate legal identity, unlimited personal liability where personal assets can be seized for business debts, no MCA registration, and minimal compliance. OPC costs more to maintain with mandatory annual audit and ROC filings but provides far better protection and credibility than a proprietorship.

How long does OPC registration take?

OPC registration takes 7 to 10 working days from document submission. The process includes DSC generation taking 1 to 2 days, name approval via RUN form taking 1 to 3 days, MOA and AOA drafting taking 1 day, SPICe+ filing taking 1 day, and RoC processing and Certificate of Incorporation issuance taking 3 to 5 working days. PAN and TAN are received from NSDL within 2 to 3 days of COI issuance.

Can an OPC have employees?

Yes. An OPC can employ any number of employees. EPF registration becomes mandatory when 20 or more employees are employed. ESI registration is mandatory when 10 or more employees earning up to Rs 21,000 per month are employed. The sole director can also be the employee and draw salary from the OPC which is deductible as a company expense. An OPC can participate in government tenders on GeM and other procurement portals as a registered company.

How is an OPC taxed in India?

An OPC is taxed at corporate income tax rates like a Private Limited Company. The applicable rate is 22 percent under Section 115BAA domestic company concessional rate without exemptions or 25 percent under Section 115BA for companies with turnover below Rs 400 crore. The sole director can draw a salary from the OPC which is deductible as a company expense before computing taxable profit. The director pays personal income tax on this salary at slab rates.

Can an NRI register an OPC in India?

No. NRIs cannot incorporate an OPC. The Companies Act 2013 and the Companies Incorporation Rules 2014 specifically require that the sole member of an OPC must be an Indian citizen and a resident of India, meaning the person must have stayed more than 120 days in India during the preceding financial year. NRIs who want to set up a single-person company in India can consider incorporating a Private Limited Company with a resident director as the second director.

What documents are required for OPC registration?

Documents required for OPC registration: PAN Card of the director and nominee; Aadhaar Card of both director and nominee linked to active mobile; passport size photographs of both; active email and mobile number for each; address proof of the director such as bank statement or utility bill not older than 2 months; registered office address proof such as electricity bill plus NOC from owner if rented; Form INC-3 consent of nominee prepared by TAXAJ; and a description of the nature of business for MOA object clause drafting.

What is INC-20A and is it required for OPC?

INC-20A is the Declaration of Commencement of Business, a one-time form that must be filed by all companies incorporated after November 2019 including OPCs within 180 days of incorporation. It certifies that the director has deposited the share subscription amount into the OPC's bank account. Failure to file INC-20A attracts a penalty of Rs 50,000 on the OPC and Rs 1,000 per day on the director. The OPC also cannot commence business or borrow money before filing INC-20A.

What is AOC-4 filing date for OPC?

OPC has a different and earlier deadline for AOC-4 compared to other companies. While Private Limited Companies must file AOC-4 by 30 October which is 30 days after AGM, OPCs must file AOC-4 within 180 days of the financial year end, which comes to 27 September every year for the April to March financial year. This is an OPC-specific deadline under the Companies Act 2013 and TAXAJ tracks it with automated reminders for all OPC clients.

Solo Founder · Full Pvt Ltd Benefits · 1 Person · MCA Registered

One Person Company Registration Online

Register an OPC — One Person Company in India — get all the benefits of a Private Limited Company with just one director and one shareholder. Limited liability, separate legal entity, corporate credibility. Done in 7–10 days by CA + CS.

👤 1 Person Only✅ Limited Liability🏛️ MCA Registered⚡ 7–10 Days

50,000+Clients

7–10 DaysRegistration

CA + CSExpert Team

Pan IndiaService

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👤

OPC Starter

MCA registration with essential certificates for a solo founder

₹7,999 excl. GST

⏱ 7–10 working days

DSC (Digital Signature Certificate)

DIN (Director Identification Number)

Name Approval (SPICe+ RUN)

MOA & AOA Drafting

Certificate of Incorporation (COI)

PAN + TAN of OPC

Am I Eligible to Register an OPC?

OPC has specific eligibility conditions under the Companies Act 2013. Check all conditions below.

📋 OPC Eligibility Checklist

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Indian Citizen and Resident

The sole member must be an Indian citizen AND resident in India (stayed >120 days in the preceding financial year). NRIs are NOT eligible to incorporate an OPC.

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Only One Person as Member

OPC can have only one person as a member/shareholder. This person is also the sole director. You cannot have 2 members in an OPC — that would make it a Pvt Ltd Company.

Nominee Director is Mandatory

A nominee must be named at the time of incorporation. The nominee takes over the OPC if the sole member becomes incapacitated or dies. Nominee must also be an Indian citizen and resident.

Cannot Incorporate More Than One OPC

One person can be a member of only ONE OPC at a time. You also cannot be a nominee of more than one OPC simultaneously.

Mandatory Conversion Beyond Thresholds

OPC must mandatorily convert to a Pvt Ltd Company if paid-up capital exceeds ₹50 lakhs OR turnover exceeds ₹2 crores in any year. Conversion is voluntary below these limits.

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No Minimum Capital Requirement

There is no minimum authorised or paid-up capital requirement for OPC since the Companies (Amendment) Act 2015. You can start with as little as ₹1 as share capital.

✅ If all conditions above are met, you are fully eligible to register an OPC. Register now with TAXAJ →

⚖️ OPC vs Proprietorship

Advantages & Limitations of One Person Company

OPC is the perfect upgrade from a Proprietorship — corporate benefits without needing a co-founder.

✅ Advantages of OPC

Limited liability — personal assets fully protected from business debts

Separate legal entity — OPC can own property, sue and be sued in its own name

Perpetual succession — OPC continues even if something happens to the director

Corporate credibility — government tenders, bank loans, MNC contracts preferred

Relaxed compliances vs Pvt Ltd — no AGM required, simplified Board Report

AOC-4 due within 180 days (vs 30 days for Pvt Ltd) — more time to file

Cash flow statement NOT required for OPC annual accounts

MGT-7A (simplified 1-page return) instead of full MGT-7

⚠️ Limitations of OPC

Only Indian resident citizens can incorporate — NRIs excluded

Only one member at all times — cannot bring in co-founders or investors

Cannot raise equity funding from VCs or angels (no share issuance to outsiders)

Must convert to Pvt Ltd if turnover exceeds ₹2 crore or capital exceeds ₹50 lakh

Cannot issue ESOPs to employees

Cannot do NBFC or banking business

Annual ROC filings still mandatory (AOC-4, MGT-7A, DIR-3 KYC, ITR-6)

Taxed at corporate rate 22–25% — vs individual slab (may be less tax-efficient at low profits)

⚙️ Registration Process

How TAXAJ Registers Your OPC — Step by Step

From DSC to Certificate of Incorporation in 7–10 working days. You share documents, we handle MCA.

DSC + DIN

Digital Signature Certificate for director. DIN applied via SPICe+ (no separate form needed now).

Name Approval

RUN form filed on MCA21 for 2 name options. Approval in 1–3 days. Name reserved for 20 days.

MOA + AOA

Memorandum and Articles of Association drafted by CS. Object clause customised for your business.

SPICe+ Filing

CS files SPICe+ form on MCA21 with PAN, TAN, GSTIN & EPFO/ESIC applications simultaneously.

COI Issued

Certificate of Incorporation with CIN issued by RoC. PAN + TAN emailed by NSDL. Ready to trade!

📄 Documents Required

Documents Required for OPC Registration

Documents needed from the sole director, nominee director and for the registered office. Soft copies accepted. No office visit needed.

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PAN Card — Director & Nominee

Mandatory for both sole director and nominee director. OPC itself gets a separate PAN after incorporation.

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Aadhaar Card — Director & Nominee

Linked to active mobile for OTP verification. Used for DSC and MCA portal identity verification.

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Passport Size Photograph

Recent clear photograph of sole director and nominee director. Digital format (JPG) accepted.

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Email ID & Mobile Number

Active email and mobile for each person. Separate email for director and nominee required for MCA portal.

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Director Address Proof

Bank statement, utility bill or Aadhaar (not older than 2 months) as residence proof of director.

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Registered Office Address Proof

Electricity bill + NOC from owner (if rented) or ownership document. Can be home address. Must be in India.

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Consent of Nominee (Form INC-3)

Written consent of nominee to act as nominee of the OPC. TAXAJ prepares and gets this signed.

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Nature of Business / Objects

Description of business activities for MOA object clause drafting. TAXAJ's CS frames this correctly for MCA acceptance.

📅 Post-Incorporation

Post-Incorporation Compliance Timeline for OPC

After incorporation, these are the critical deadlines. TAXAJ tracks all of these with automated alerts.

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Within 30 days

Open Current Bank Account

Open a current account in the OPC's name using COI, PAN, MOA, AOA and board resolution. TAXAJ provides all documentation.

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Within 30 days

Appoint First Auditor — Form ADT-1

Board Resolution to appoint a CA as statutory auditor + file ADT-1 on MCA within 30 days. TAXAJ can provide an auditor. Annual filing →

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Within 60 days

Deposit Share Capital + Issue Share Certificate

Director deposits subscribed share capital into the OPC's bank account. Share certificate issued within 60 days of incorporation.

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Within 180 days

INC-20A — Commencement of Business

Declaration of commencement of business must be filed within 180 days. Penalty for non-filing: ₹50,000 on the company + ₹1,000/day on the director.

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30 September annually

DIR-3 KYC — Director Annual KYC

Annual KYC for the director's DIN. Non-filing deactivates DIN — OPC cannot file anything until KYC is done. DIR-3 KYC →

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27 September annually

AOC-4 — Financial Statements (OPC)

OPC files AOC-4 within 180 days of financial year end (27 Sep) — earlier than other companies (30 Oct). Includes P&L, Balance Sheet and Board Report. Annual Filing →

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29 November annually

MGT-7A — Annual Return (OPC Simplified)

OPC files simplified MGT-7A (1 page) instead of full MGT-7. Contains sole member details, share capital, nominee and changes. Late fee ₹100/day.

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31 October annually

ITR-6 — Company Income Tax Return

OPC files ITR-6 annually. Taxed at 22% (if no exemptions claimed, Section 115BAA) or 25% (if turnover <₹400 crore). Mandatory even if zero income.

📊 Tax Treatment

How is OPC Taxed in India?

OPC is a company — taxed at corporate rates like Pvt Ltd. The director's salary is deductible as a company expense before computing taxable profit.

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Corporate Tax — ITR-6

OPC taxed at 22% (Section 115BAA — domestic company concessional rate, no exemptions) or 25% (if turnover <₹400 crore, Section 115BA). AMT and MAT not applicable if 115BAA opted.

22% or 25%

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Director Salary — Tax Efficient

Director's salary paid by OPC is deductible as company expense. Director pays personal income tax on salary at slab rates. This dual structure can be highly tax-efficient vs sole proprietorship.

Deductible by OPC

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Dividend Distribution

OPC profits after tax can be distributed as dividend to the sole member (director). Dividend is taxable in member's hands at slab rates (no DDT now). Consider salary vs dividend planning.

Slab rate in hands of member

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GST Filing

If GST registered (mandatory if turnover >₹20L or e-commerce): GSTR-1 + GSTR-3B monthly. Annual GSTR-9 if turnover >₹2 crore. OPC files GST under its own GSTIN.

5% / 12% / 18% / 28%

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Advance Tax

If estimated tax >₹10,000 after TDS, advance tax must be paid in 4 instalments (Jun 15, Sep 15, Dec 15, Mar 15). Penalty under Sec 234B/C at 1%/month for non-payment.

4 instalments/year

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Statutory Audit

Statutory audit by CA mandatory for all companies including OPC regardless of turnover. Audit report (Form 3CA/3CB + 3CD) filed annually. TAXAJ provides audit services for OPC clients.

Mandatory every year

📋 View Full OPC Compliance Calendar →

⚖️ Entity Comparison

OPC vs Proprietorship vs Pvt Ltd vs LLP — Which to Choose?

OPC sits between Proprietorship (no liability protection) and Pvt Ltd (needs 2+ people). Perfect for ambitious solo founders.

Feature	👤 OPC	🏪 Proprietorship	🏢 Pvt Ltd	⚡ LLP
Minimum Members	1	1	2	2
Separate Legal Entity	Yes	No	Yes	Yes
Liability	Limited	Unlimited	Limited	Limited
MCA Registration	Yes — COI issued	No	Yes	Yes
Nominee Required	Yes — mandatory	No	No	No
Annual ROC Filings	AOC-4 + MGT-7A	None	AOC-4 + MGT-7 + more	Form 8 + Form 11
Tax Rate	22%–25% corporate	Personal slab 5–30%	22%–25% corporate	30% flat
Equity Funding	No	No	Yes — VC/Angel	Rare
Perpetual Succession	Yes (nominee takes over)	No	Yes	Yes
AGM Required	No (OPC exemption)	N/A	Yes (annually)	N/A
Cost of Setup	₹7,999 – ₹18,000	₹1,499 – ₹7,000	₹10,000 – ₹20,000	₹6,000 – ₹15,000
Best For	Solo founder wanting Pvt Ltd benefits	Freelancers, micro traders	Startups, funded ventures	Professionals, partnerships

🏪 Proprietorship →🏢 Pvt Ltd →⚡ LLP →🤝 Partnership →

🏆 Why TAXAJ

Why 50,000+ Founders Chose TAXAJ to Register Their Company

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Dedicated CA + CS Team

Your own CA and Company Secretary handle the full registration. Direct WhatsApp access.

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7-Day Turnaround

DSC to COI in 7–10 working days. RUN name approval, SPICe+ and all MCA filings handled.

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All-Inclusive Pricing

Price shown upfront. Government fees, DIN, DSC, PAN and TAN all included — no hidden extras.

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WhatsApp-First

Documents shared, status updates, COI delivered — all on WhatsApp. Zero office visit required.

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Post-Incorporation Support

INC-20A, bank account, share certificates, GST, MSME — handled by the same team post-registration.

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4 Physical Offices

Delhi, Bangalore, Bihar, Goa — walk in for DSC generation, notarisation and document attestation.

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Zero Rejections

MCA name approval and SPICe+ filings prepared by senior CS — zero rejection record for OPC clients.

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Annual Compliance Tracking

Automated reminders for AOC-4, MGT-7A, DIR-3 KYC and ITR-6 — no deadline ever missed.

📚 Complete Guide

One Person Company Registration — Complete Guide India

Everything a solo founder needs to know about OPC registration, eligibility, compliances and conversion.

👤 What is an OPC — One Person Company in India?

A One Person Company (OPC) is a form of company introduced in India by the Companies Act 2013 (Section 2(62)) to enable a single entrepreneur to form a limited liability company without needing a second shareholder or director. Unlike a Private Limited Company → which requires at least 2 shareholders, an OPC has only one member who is also the sole director. The OPC has a separate legal identity from its owner — it can own property, enter contracts, open bank accounts and sue/be sued in its own name. The owner's personal assets are protected from company debts (limited liability). Before OPC was introduced, solo entrepreneurs had two choices: a Proprietorship (no liability protection) or a Pvt Ltd (needs a dummy second director). OPC fills this gap perfectly for solo founders, freelancers scaling to a company, and individuals wanting corporate credibility without a co-founder. TAXAJ registers OPCs pan-India starting at ₹7,999 all-inclusive. Register your OPC →

🔄 OPC to Pvt Ltd Conversion — When and How to Convert

An OPC must mandatorily convert to a Private Limited Company if: (a) paid-up share capital exceeds ₹50 lakhs, OR (b) turnover exceeds ₹2 crores in any financial year. Voluntary conversion is also permitted at any time. Conversion process: (1) Pass a resolution in Form MGT-14 authorising conversion; (2) File Form INC-6 on MCA21 within 30 days; (3) Alter MOA and AOA for a 2-member company structure; (4) Appoint at least one more director; (5) New COI issued by RoC. The conversion does not affect existing contracts, liabilities or pending litigation — the entity continues with the same CIN. Time frame: 60–90 days from resolution. TAXAJ handles the complete OPC to Pvt Ltd conversion → seamlessly. Once converted, the entity functions as a fully compliant Private Limited Company.

💡 OPC vs Proprietorship — Why Smart Solo Founders Choose OPC

The biggest practical advantage of OPC over a Proprietorship → is limited liability — in a Proprietorship, your personal assets (home, car, savings) can be seized for business debts. In an OPC, liability is limited to the company's share capital. Additionally: OPC has a Certificate of Incorporation (CIN number) which gives corporate credibility for bank loans, government tenders and client contracts. OPC can own IP, property and assets in its own name. OPC gives perpetual succession — business continues even if something happens to the director (nominee takes over). The downside is higher compliance cost: mandatory statutory audit, annual ROC filings (AOC-4 + MGT-7A), ITR-6, DIR-3 KYC — vs just ITR-3/4 for a Proprietorship. Choose OPC if: your freelance/consulting income is above ₹10–15L/year, you want to scale, you want corporate bank accounts and client invoices, or your clients/procurement portals require a registered company.

📊 OPC Registration Fees in India — Government Fees + Professional Fees

Government fees for OPC registration depend on the authorised capital: Up to ₹1L authorised capital → ₹200 stamp duty + ₹2,000 MCA filing fee (approx). ₹1L–₹5L → ₹300 stamp duty + filing fees. Most TAXAJ clients opt for ₹1L authorised capital to minimise government fees. TAXAJ Professional Fees: OPC Starter ₹7,999 (includes DSC ₹1,500 value + DIN + RUN + SPICe+ + PAN + TAN). OPC Complete ₹11,999 (adds GST + INC-20A + MSME + bank assistance). OPC Annual Bundle ₹17,999 (adds first-year audit + ROC filing + ITR + GST returns). These are all-inclusive prices — no hidden government fee surprises. TAXAJ's pricing is the most transparent in the industry. Get started →

🔗 Related Services

Everything Your OPC Needs — TAXAJ Covers It All

Registration is just day one. TAXAJ manages all annual compliance, tax filings and legal needs.

❓ FAQ

Frequently Asked Questions — One Person Company

A One Person Company (OPC) is a company with a single member-director, introduced under Section 2(62) of the Companies Act 2013. It is a fully registered company under MCA with a CIN and Certificate of Incorporation. Only an Indian citizen who is also a resident of India (stayed >120 days in the preceding financial year) can incorporate an OPC. NRIs and foreign nationals cannot incorporate an OPC. One person can be a member of only one OPC at a time. Register now →

TAXAJ's OPC registration packages: OPC Starter ₹7,999 (DSC + DIN + name approval + SPICe+ + MOA/AOA + COI + PAN + TAN). OPC Complete ₹11,999 (adds GST registration + INC-20A + MSME + bank assistance + share certificate). OPC Annual Bundle ₹17,999 (adds first-year audit + AOC-4 + MGT-7A + ITR-6 + DIR-3 KYC + 12 months GST filing). Government fees of approximately ₹2,000–₹5,000 (stamp duty + MCA fees) based on state and authorised capital are included in TAXAJ's packages.

Yes, a nominee is mandatory for OPC under Section 3(1)(c) and Rule 3 of Companies (Incorporation) Rules 2014. The nominee must be named in the Memorandum of Association at the time of incorporation and file a written consent in Form INC-3. The nominee takes control of the OPC if the sole member becomes incapacitated or dies. The nominee must be an Indian citizen and resident of India. The nominee must also not be a member of any other OPC. The sole member can change the nominee at any time by giving notice and filing Form INC-4.

Annual compliance for OPC: DIR-3 KYC by 30 September annually; Statutory Audit by CA (mandatory regardless of turnover); AOC-4 (financial statements) within 180 days of FY end — by 27 September; MGT-7A (simplified annual return) by 29 November; ITR-6 (income tax return) by 31 October; GST returns (if registered) — GSTR-1 + GSTR-3B monthly. OPC relaxations: no AGM required, cash flow statement not required, Board Report simplified. View full compliance calendar →

Mandatory conversion to Pvt Ltd is required when: (1) paid-up share capital exceeds ₹50 lakhs, OR (2) average annual turnover during the relevant period exceeds ₹2 crores. The OPC must then convert within 6 months of crossing these thresholds by filing Form INC-6 on MCA. Voluntary conversion (at any time without crossing thresholds) is also permitted. TAXAJ handles the complete OPC to Pvt Ltd conversion →

Yes. An OPC can employ any number of employees. EPF registration is mandatory when 20+ employees; ESI when 10+ employees earning ≤₹21,000. The director's salary is deductible as company expense. OPC can participate in government tenders on GeM (Government e-Marketplace) and other procurement portals — it has a CIN, COI and GSTIN like any other company, giving it equal standing. Many clients specifically prefer dealing with registered companies over proprietorships, making OPC beneficial for B2B freelancers and consultants upgrading from proprietorships.

Register Your One Person Company — CA + CS Team Handles Everything

DSC · DIN · Name Approval · SPICe+ · COI · PAN · TAN — all-inclusive ₹7,999. Done in 7–10 days. Pan-India.

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