One Person Company (OPC) Registration
- Fully expert-assisted company registration process
- Our packages include DIN, PAN, DSC, MOA, AOA and SPICE+ Compliance
- Start your One Person Company Registration at just ₹999 + Govt Fee
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Here’s How It Works
1
Nimble Trio helps you choose company name and apply for DSC.
2
We will then apply for DIN and name approval using SPICE+32
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Providing holistic support for OPC registration to MCA
Excellent service and support. Nimble Trio Team is very supportive and professional. I Really appreciate the service and support from the team.
Nimble Trio has been our legal service provider for quite a long time! Our experience with them has been great, especially the speed and proficiency with which they deliver their services. We recommend them!
Nimble Trio is exactly what it does. Legal is simple. We went to Nimble Trio to register our Trademark during the lockdown and everything was done online with ease. We never even had to step out of the house. It was truly a digital experience.
Here’s What You’ll Need
Registering a One Person Company in India becomes effortless with Nimble Trio, requiring only a few simple clicks. To ensure complete safety of your documents, Nimble Trio uses top-tier, industry-leading security measures.
- Passport or PAN card
- For NRIs and foreign nationals, a passport
- Scanned copy of a voter ID or a driver's licence
- Updated gas or electricity bills, bank account statements,
- Phone bills for mobile or landlines
- Signature or impression that is a sample
- Passport size pictures.
- Documents required for the registered office :
- Include a scanned copy of a recent bank statement
- A phone bill, a mobile bill, and an electricity or gas bill
- scanned copy of the English-language rental agreement
- scanned copy of the landowner's no-objection letter
- scanned copy of the rental agreement
- Transcript of property or sale deed in English
Why Choose Nimble Trio for Startup Registration?
New Company
We Register a New Company Every 9 Minutes
500K+
Businesses Served by Nimble Trio
Financial Services
All Financial Services in One Place
Quick & Affordable
Nominal rates, great turnaround time
Satisfaction
100% satisfaction guaranteed
Nimble Trio offers one of the fastest OPC registration processes in India! Launch your own One Person Company quickly and easily in just three simple steps.
Did you know ?
The Companies Act of 2013 introduced the groundbreaking new One Person Company (OPC) model. The Dr. JJ Irani expert committee first endorsed this OPC approach in 2005.
The first One Person Company in India was established on 28 April 2014, in Delhi, according to RoC-Delhi law. “VIJAY CORPORATE SOLUTIONS OPC PRIVATE LIMITED” is the name of the business, and its CIN is U93000DL2014OPC267546.
Overview - One Person Company
A One Person Company (OPC) is a type of business owned and managed by a single individual. Prior to the Companies Act of 2013, forming a company required at least two people, which meant an individual could only start a sole proprietorship if they wanted to run a business alone.
Under Section 2(62) of the Companies Act, 2013, it is now possible to incorporate a company with just one director and one member. This structure involves fewer compliance obligations compared to a private limited company.
An OPC allows a single individual to act as both the director and the sole member. The founder can be either an Indian resident or an NRI. Essentially, a One Person Company combines the simplicity of a sole proprietorship with the benefits and legal identity of a corporate entity.
Benefits - Advantages of OPC Registration Online in India
- The member grants the OPC status as a separate legal body. The sole person who incorporated the OPC is protected by its distinct legal status. The member is not personally liable for the company’s loss; instead, his or her culpability is limited to the value of the shares that he or she owns. As a result, creditors may file a claim against the OPC rather than the member or director
Being a private company, OPC can readily raise funds through venture capital, angel investors, incubators, and other ways. Banks and other financial organisations favor lending to companies over one-person firms when making loans. Getting money is now simple.
The Companies Act of 2013 grants the OPC some exemptions about compliances. The OPC is not needed to generate a cash flow statement. However, the company secretary is not mandated to sign the yearly reports and the accounts. The director has legal authority for signing the above-mentioned documents.
- OPC can be incorporated quickly because all that is needed is one member and one nominee. The director may also be a member. There is no minimum paid-up capital requirement, but the minimum allowed capital for incorporating OPC is ₹1 lakh as a result, incorporation is simple in comparison to other business structures.
The OPC can be founded and maintained by a single person, making administration simple. By entering the ordinary and special resolutions in the minute book and having only one member sign them, the member can simply pass them. As a result, managing the business will be simple because there won’t be any internal conflicts or delays.
The OPC has the feature of everlasting succession even with just one member. The single-member shall, while incorporating the OPC, designate a nominee. In case the authoritative member passes away or retires the company will be passed on to the nominee.
Checklist - Checklist for OPC Registration Process
The minimum and maximum number of members in an OPC is one.
A nominee must be appointed prior to the company’s incorporation.
Permission from the nominee should be submitted using INC Form-3.
The company name must comply with the naming guidelines set by the Companies (Incorporation) Rules, 2014.
The minimum authorised capital required is ₹1 lakh.
The proposed director’s Digital Signature Certificate (DSC) is needed.
Proof of the OPC’s registered office must be provided.
Process – Using Nimble Trio for OPC Registration
Step 1: Incorporating the Business
Obtaining the proposed director's Digital Signature Certificate (DSC) is the first stage, which necessitates the submission of the following documentation: proof of address, a PAN card, an email address, and a phone number.
Step 2: Request a DIN
The Director Identification Number (DIN) of the intended Director must be requested in the SPICe Form together with documentation of the director's name and address once the Digital Signature Certificate (DSC) has been created. The option is only accessible to companies that already exist (Form DIR-3). It says the applicant is excused from filing form DIR-3 individually starting in January 2018. Using the SPICe form, up to three directors may now request a DIN
Step 3: Apply for name approval
Choosing a company name is the next stage in incorporating an OPC. The business name has to be authorised in the form SPICe+ 32. The business name has to adhere to the rules and regulations. If the name is turned down, submit a different name by submitting a second Form SPICe+ 32 application. We proceed to the following phase as soon as the MCA approves the name.
Step 4: Applying to the MCA
It is the last step in the procedure. All the required documents including the digital certificates of the directors have to be presented to the MCA. As soon as the company is registered both the TAN and PAN number are generated and passed down to the applicant successfully. There is no procedure to provide separate applications for these two numbers.
Nimble Trio OPC Package Includes
Director Identification Number (DIN) for one director
Digital Signature Certificate (DSC) for one director (If shareholders differ from directors, additional DSCs are required for them)
Guidance in selecting a suitable company name
Preparation of PAN and TAN
Drafting of the Memorandum of Association (MoA) and Articles of Association (AoA)
Payment of government stamp duty and issuance of the Certificate of Incorporation
Drawbacks of a One Person Company (OPC)
1) Higher Tax Liability
Unlike proprietorships, where taxes are levied at 10%, 20%, or 30% depending on income, a One Person Company is immediately subject to a flat 30% corporate tax rate. This higher tax burden is a major disadvantage for OPCs.
2) Higher Compliance Costs
Compared to sole proprietorships or partnership firms, an OPC incurs relatively higher compliance and maintenance expenses.
3) Mandatory “OPC” in Company Name
The business name must include “OPC” in brackets, indicating it is a One Person Company. This can sometimes create the impression that the company is run by a single individual, which may affect perception, unlike multi-shareholder companies.
4) Single-Person Management
All decisions are controlled by the sole shareholder and director. While this can be efficient, it also limits opportunities for cross-verification, advice, or diverse input, which can impact business growth and strategy.
5) Restriction on Multiple OPCs
An individual can only register one OPC at a time. In today’s dynamic business environment, this limitation prevents entrepreneurs from diversifying their ventures or mitigating risks across multiple companies.
Characteristics - What Are The Important Characteristics of an OPC?
A One Person Company is easy to establish and manage, with minimal paperwork involved. It enjoys a separate legal identity and limited liability protection for the owner. OPCs benefit from secure funding, require only one director, and are largely free from third-party interference. They can take advantage of various tax benefits, gain higher credibility, do not require a minimum paid-up capital, and face fewer compliance requirements compared to other business structures.
Differentiation - Which Is Better OPC or LLP?
Limited responsibility of partners is made possible by the LLP’s separate legal existence and separate legal entity. District legal entities exist for OPC. Director is the sole individual. In the event of the director’s demise or loss of competence to enter into contracts, ownership may be transferred to the nominated nominee.
How Is OPC Taxed?
An OPC has no special tax benefits over any other type. Other tax regulations like MAT & Dividend Distribution Tax apply as they do to any other form of corporation. The tax rate is a flat 30%.
How Do I Start An OPC Business?
Including OPC: Within 20 days of the data of RUN approval, form SPICe must be filed for incorporation of the OPC following name approval. If the registered office address and the correspondence address are different, the business must file form INC-22 within 30 days of registering from SPICe.
FAQ's
To open an OPC or become a nominee, the person must be an Indian citizen and resident of India. The applicant needs to live in India for at least 102 days in the immediately prior financial year to be considered a resident of India.
According to the Ministry of Corporate Affairs (MCA) regulations, only Indian citizens are allowed to register for One-Person Companies (OPCs).
One Person Companies (OPCs) are businesses with a single incorporator. If you plan to incorporate an OPC, you should consider a unique name, as people will identify your business by its distinctive name.
A company with a single member is known as a One Person Company (OPC). It is structured as a private limited company with just one member, and the public is not permitted to subscribe to its shares.
Under the Companies Act of 2013, an individual can form a company with only one director and one member. The same person can act as both the director and the sole member of the company.
