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What is a One Person Company (OPC)?

A One Person Company (OPC) is a unique business structure introduced to support solo entrepreneurs who want to operate a business without the complexities of a partnership or a larger company. An OPC combines the benefits of a sole proprietorship with the advantages of a corporate entity.

Limited Liability

The owner's liability is limited to the extent of the share capital.

Separate Legal Entity

The OPC has its own legal identity, separate from its owner.

Perpetual Succession

The company continues to exist even in the event of the owner's incapacity or death.

Ease of Management & Credibility

Simple management structure with fewer compliances & Enhanced credibility and trustworthiness among stakeholders.

Our Services

We provide comprehensive support for setting up your One Person Company, including:

Name Approval: Assist in choosing and reserving a unique company name.

Digital Signature Certificate (DSC): Obtain a DSC for the owner.

Director Identification Number (DIN): Secure a DIN for the owner.

MOA and AOA Drafting: Draft the Memorandum of Association (MOA) and Articles of Association (AOA).

Company Registration: Complete the incorporation process with the Ministry of Corporate Affairs (MCA).

GST Registration: Ensure your company is compliant with Goods and Services Tax regulations.

Trademark Registration: Protect your company's name and brand.

Bank Account Opening: Assist in opening a current account in your company's name.

Accounting Services: Handle bookkeeping, financial statements, and tax filings.

How to Get Started

Contact Us: Reach out for an initial consultation.

Documentation: Prepare necessary documents like identity proofs, address proofs, and nominee details.

Registration: We'll guide you through the name approval, DSC, DIN, MOA, AOA, and company registration processes.

Bank Account: Open a current account in your company's name.

Launch: Start your One Person Company with confidence!

What is the minimum capital required to start an OPC?

There is no minimum capital requirement to start a One Person Company (OPC). You can begin with any amount of capital that suits your business needs. This flexibility allows solo entrepreneurs to start their business with minimal financial constraints.

Who can be a member of an OPC?

Any individual who is a resident and citizen of India can be a member of an OPC. The individual must also appoint a nominee who will take over the company's management in the event of the owner's incapacity or death. The nominee must also be a resident and citizen of India.

Can an OPC convert to another type of company?

Yes, an OPC can convert to another type of company. An OPC must convert to a private limited company or a public limited company if its paid-up share capital exceeds INR 50 lakhs or its average annual turnover exceeds INR 2 crores in any financial year. Voluntary conversion is also possible, but it can only be done after two years from the date of incorporation.