Overview
A One Person Company (OPC) allows a single individual to run a company with limited liability protection while maintaining full control over decision-making and operations.
Ideal for solo entrepreneurs, freelancers transitioning to a formal entity, and professionals who want company-level credibility without bringing in additional shareholders.
Key Benefits
- Single member can own and manage the company
- Limited liability protection for the sole member
- Separate legal entity status
- No requirement for minimum paid-up capital
- Easier compliance compared to a private limited company
Documents Required
- PAN, Aadhaar and address proof of the member and nominee
- Registered office address proof
- Passport-sized photographs
- Digital Signature Certificate (DSC)
- Consent of nominee (Form INC-3)
Process
- Suitability review and advisory
- Name reservation through RUN
- DSC and DIN procurement
- SPICe+ filing with nominee details
- Certificate of Incorporation
- Post-incorporation compliance guidance
FAQs
Can an OPC be converted to a Private Limited Company?
Yes, an OPC can be converted to a Private Limited Company voluntarily or mandatorily when paid-up capital exceeds Rs. 50 lakhs or turnover exceeds Rs. 2 crores.