JustPaste.it

Single Person Company Registration in India

Are you a solo entrepreneur looking to start your own company without the need for a co-founder? A One Person Company (OPC), also known as a Single Person Company, is the perfect legal structure for individuals who want to own and operate a business with the benefits of limited liability and corporate status.

At Corpzo.com, we provide hassle-free, end-to-end OPC registration services in India, completely online and professionally handled. This blog explains everything you need to know about starting a one-man company in India, the registration process, documents required, and post-incorporation compliance.

✅ What is a One Person Company (OPC)?

Introduced under the Companies Act, 2013, an OPC allows a single individual to form a company with limited liability and perpetual succession, much like a Private Limited Company. It combines the advantages of sole proprietorship with the legal structure of a company.

It is ideal for:

  • Freelancers

  • Consultants

  • Startups with a single founder

  • Traders and professionals

  • Individuals planning to scale their operations in the future

🌟 Key Features of a One Person Company

  • Single Owner & Director
    Only one individual can be both the shareholder and the director. However, a nominee is required.

  • Separate Legal Entity
    The company has a distinct legal identity separate from the owner.

  • Limited Liability
    The owner’s personal assets are protected from company debts and liabilities.

  • Perpetual Succession
    The nominee will take over the company in the event of the owner’s death or incapacity.

  • Better Credibility
    More trustworthy than a sole proprietorship in the eyes of clients, banks, and investors.

📌 Benefits of Registering a One Person Company

1. Limited Liability Protection

Unlike proprietorships, OPC owners are not personally liable for business debts.

2. Separate Legal Entity

OPC can own assets, open bank accounts, and enter into contracts in its own name.

3. Easy to Raise Funds

Though initially single-owned, an OPC can be converted into a Private Limited Company later, attracting investors and funding.

4. Minimal Compliance (compared to Pvt Ltd)

OPCs enjoy relaxed compliance norms under MCA regulations.

5. Full Control

You don’t have to consult co-founders or board members – you make all decisions.

📝 Step-by-Step Process of Single Person Company Registration in India

At Corpzo.com, we handle every step of the process for you. Our process is 100% online and fast-tracked.

Step 1: Obtain Digital Signature Certificate (DSC)

The proposed director must obtain a Class 3 DSC to sign digital documents online.

Required Documents:

  • PAN Card

  • Aadhaar Card

  • Passport-size photo

  • Mobile number and email ID

Step 2: Apply for Director Identification Number (DIN)

DIN is a unique ID assigned to a director of a company. It’s usually allotted automatically during SPICe+ filing.

Step 3: Name Reservation (SPICe+ Part A)

We help you choose a unique name and reserve it with the Ministry of Corporate Affairs (MCA). The name must end with “(OPC) Private Limited”.

Step 4: Filing Incorporation Form (SPICe+ Part B)

This is the main incorporation form and includes:

  • Director and nominee details

  • Capital structure

  • Registered office address

  • PAN and TAN application

  • Memorandum & Articles of Association (MOA & AOA)

Step 5: Certificate of Incorporation (COI)

Once the ROC verifies and approves your application, you will receive the Certificate of Incorporation, along with:

  • Company PAN & TAN

  • CIN (Corporate Identification Number)

  • ESIC & EPFO Registration (auto-generated)

Step 6: Opening a Bank Account

After receiving the COI, you can open a current bank account in your company’s name.

📋 Documents Required for One Person Company Registration

For Owner & Nominee:

  • PAN Card

  • Aadhaar Card or Voter ID/Passport

  • Passport-size Photo

  • Email ID and Mobile Number

  • Consent of nominee in Form INC-3

For Registered Office:

  • Latest utility bill (electricity, gas, or water)

  • Rent agreement (if applicable)

  • NOC from property owner

Corpzo.com ensures all documents are properly verified before filing to avoid rejections.

⏳ Timeline for OPC Registration

Activity Time Required
DSC Creation 1–2 working days
Name Approval 1–2 working days
SPICe+ Filing & COI Issuance 3–5 working days
PAN & TAN Allotment Along with COI

✅ Total Time: 7–10 Working Days

💰 Cost of One Person Company Registration

The cost of OPC registration depends on:

  • State stamp duty

  • Professional fees

  • Capital contribution

At Corpzo.com, our OPC registration packages start from ₹6,999/- (excluding government fees) and include:

  • DSC

  • DIN

  • Name Approval

  • MOA & AOA

  • PAN & TAN

  • Certificate of Incorporation

  • Post-incorporation guidance

📑 Post-Incorporation Compliance for OPCs

Once your OPC is registered, you must comply with the following annual and event-based requirements:

  • Commencement of Business (Form INC-20A)

  • Appointment of Auditor (within 30 days)

  • Annual Returns (Form MGT-7A)

  • Financial Statements (Form AOC-4)

  • Income Tax Filing (ITR-6)

  • GST Returns (if applicable)

  • Board Meetings (once every 6 months)

Corpzo.com offers annual compliance packages to ensure your OPC remains fully compliant.

🔄 Conversion of OPC to Private Limited Company

An OPC can be voluntarily converted into a Private Limited Company if:

  • Paid-up capital exceeds ₹50 lakhs

  • Annual turnover exceeds ₹2 crores

  • Owner wishes to induct more shareholders or raise funding

We assist in smooth conversion without disrupting ongoing operations.

🧠 Frequently Asked Questions (FAQs)

❓ Can I start an OPC with ₹1 capital?

Yes, there is no minimum capital requirement for registering an OPC.

❓ Can I run multiple OPCs?

No. One person can form only one OPC and be a nominee in another.

❓ Who can act as a nominee?

Any Indian resident (staying in India for at least 120 days in the last financial year) above 18 years of age.

❓ Is OPC registration valid across India?

Yes, once registered with MCA, your OPC is valid PAN India.

🌐 Why Choose Corpzo.com?

  • ✔️ Expert team of CA, CS & Legal professionals

  • ✔️ Quick turnaround time & 100% online process

  • ✔️ Transparent pricing with no hidden charges

  • ✔️ PAN India OPC registration

  • ✔️ Free compliance consultation post-incorporation

📞 Start Your One Person Company Today!

If you’re ready to take the leap into entrepreneurship, OPC is the perfect legal structure to protect your interests and give your business a professional identity. Let Corpzo.com guide you through every step.

📧 Email: reach@corpzo.com
🌐 Visit: www.corpzo.com
📱 Call/WhatsApp: +91-XXXXXXXXXX

Corpzo.com – India’s Leading Platform for One Person Company (OPC) Registration and Compliance.

Let me know if you’d like a downloadable checklist or infographic version of this blog!