Company Registration
One Person Company Registration
Quick answer: Register a One Person Company (OPC) under the Companies Act, 2013 — sole director with limited liability and a nominee director.
₹7,999
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Why choose FinTax24
- 1800+ OPCs registered
Audience
Who needs One Person Company Registration?
- Solo founders wanting limited liability with single-member ownership structure
- Freelancers and consultants transitioning to a formal corporate entity
- Small businesses looking for company status without multiple directors or shareholders
- Proprietors planning to layer assets in a separate legal entity for tax planning
- Family-run businesses wanting succession continuity via nominee director
- Startups that will convert to Pvt Ltd on crossing OPC threshold limits
How it works
- 1
DSC & DIN Acquisition
Digital Signature Certificate and Director Identification Number (DIN) are obtained for sole director and nominee.
- 2
Name Reservation (RUN)
Proposed OPC name is reserved via RUN with two name preferences in priority order.
- 3
MoA & AoA Drafting
MoA and AoA are drafted with OPC-specific clauses including nominee director nomination.
- 4
SPICe+ Form Filing
Form SPICe+ is filed on the MCA21 portal with DSC of sole director and nominee details.
- 5
Certificate of Incorporation
MCA issues Certificate of Incorporation with CIN — OPC is registered and effective from this date.
- 6
Post-Registration
PAN, TAN, GST and bank account are opened in the OPC name and statutory registers are set up.
Timeline
Why file this
Benefits of one person company registration
- Limited liability for the sole member — personal assets protected beyond share capital
- Separate legal entity — OPC can own property, sue and be sued in its own name
- Single member and single director — full operational autonomy for the founder
- Mandatory nominee director in the MoA provides succession continuity on death
- Lower compliance threshold for small companies — no statutory audit up to ₹2 cr turnover
- Easier to convert to Pvt Ltd on growth — voluntary or mandatory on threshold breach
- Eligible for DPIIT Startup India recognition with reduced compliance footprint
Documents required
8 documents needed for one person company registration.
- PAN and Aadhaar of the sole member and proposed nominee director
- Passport-size photographs of the sole member and nominee
- Address proof of the sole member and nominee — utility bill or driving licence
- Registered office address proof — utility bill, lease deed and NOC from owner
- DSC of the sole director and nominee director for SPICe+ filing
- DIN of the sole director and nominee — applied via DIR-3 if not allotted
- Draft MoA and AoA with OPC-specific provisions and nominee director consent
- Bank statement of the sole member showing capital contribution proof
DIY vs FinTax24
Why file one person company registration with FinTax24 instead of doing it yourself.
| Aspect | DIY / Portal | Local Tax Consultant | FinTax24 |
|---|---|---|---|
| Filing time | 7–14 days (typical) | Varies by availability and workload | 7-15 business days |
| Expert review | None | Depends on the consultant | Expert verified on every filing |
| Document check | You self-verify; rejected on portal | Manual review may vary | Pre-verified by our team before submission |
| Support | Email / chatbot | Appointment-based or office hours | WhatsApp + phone, Mon–Sat 10 AM–7 PM IST |
| Pricing | Government fees only | Consultant fee + government fees | Transparent: From ₹7,999 + govt fees |
Frequently asked questions
How many directors are required for OPC?
OPC requires minimum 1 director (the sole member can also be the director) and 1 nominee director named in the MoA. The nominee director takes over on the death or incapacity of the sole member. The sole member must be an Indian resident and a natural person.
Can a foreign national register an OPC?
No. OPC requires the sole member to be an Indian resident and a natural person. Foreign nationals, NRIs and body corporates cannot be the sole member of an OPC. However, NRIs can hold shares in a Pvt Ltd Company, providing flexibility for cross-border founders.
When must an OPC convert to Pvt Ltd?
OPC must mandatorily convert to a Pvt Ltd Company if paid-up capital exceeds ₹50 lakh or average annual turnover exceeds ₹2 crore in any 3 consecutive financial years. The conversion is done within 6 months of threshold breach under section 18(1) read with rule 6.
What is the difference between OPC and Sole Proprietorship?
OPC is a separate legal entity with limited liability. Sole proprietorship is not a separate entity — the proprietor is personally liable for all business obligations. OPC must file ROC returns, ITR-6 and statutory registers. Proprietorship only requires ITR filing.
Is OPC taxed as a company?
Yes. OPC is taxed at the company rate under the Income-tax Act, 1961. With effect from FY 2020-21, OPC is taxed at 25% under the new concessional regime if turnover is below ₹400 crore. Dividend is taxed in the hands of the sole member at applicable slab rates.
Can an OPC have more than one member?
No. OPC is a single-member company by definition under section 2(62) of the Companies Act, 2013. On adding a second member, the OPC must convert to a Private Limited Company. Conversion is done via Form INC-2 with MCA fee and SPICe+ filing for Pvt Ltd.
Is a nominee director required for OPC?
Yes. OPC must name a nominee director in the MoA who will take over as the sole member on the death or incapacity of the existing sole member. The nominee consent (Form INC-3) must be filed with MCA along with PAN and Aadhaar of the nominee.
Sources & authority: For regulations on one person company registration, refer to mca.gov.in , llp.gov.in .
Last reviewed by: FinTax24 Compliance Desk · Reviewed on:
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