One Person Company (OPC) Registration
A One Person Company (OPC) is the perfect legal structure for solo entrepreneurs
who want to start a business with limited liability protection. Introduced under the Companies Act, 2013,
OPC provides the benefits of a Private Limited Company while allowing a single promoter to own and manage the business.
Key Benefits
- Single owner with full control over business decisions.
- Limited liability protection for the promoter.
- Separate legal identity ensures better credibility.
- Easy access to loans and funding opportunities.
- Perpetual succession, ensuring business continuity.
Eligibility Criteria
- Only a natural person who is an Indian citizen and resident in India can incorporate OPC.
- Minimum authorized capital of ₹1,00,000.
- Nominee must be appointed at the time of incorporation.
- Only one OPC is allowed per person (as promoter).
Documents Required
- PAN and Aadhaar of the promoter and nominee.
- Identity proof: Passport / Voter ID / Driving licence.
- Address proof: Utility bill or bank statement (not older than 2 months).
- Passport-size photographs of promoter and nominee.
- Registered office proof: Rent agreement + NOC or ownership document.
Registration Process
- Step 1: Apply for DSC (Digital Signature Certificate) and DIN for the promoter.
- Step 2: Reserve the company name through the MCA portal.
- Step 3: Draft and file MoA & AoA with nominee details using SPICe+ form.
- Step 4: Submit incorporation documents and receive Certificate of Incorporation.
- Step 5: Apply for PAN, TAN, and open a current bank account.
How Ctrl Tax Advisory Helps
We simplify OPC registration by providing:
- Guidance on legal requirements and nominee appointment.
- Preparation and filing of incorporation forms with MCA.
- End-to-end support for PAN, TAN, and bank account opening.
- Post-registration compliance including ROC filings.
