Overview
A one person company (OPC) lets a single founder run a business as a company, with limited liability and a separate legal identity, instead of trading as a sole proprietor. It has one member (who can also be the only director), and the member names a nominee who becomes the member if the founder dies or can't act.
An OPC is incorporated through the same SPICe+ process as other companies. It has lighter compliance than a private company in some areas: for example, it doesn't have to hold annual general meetings. Since 2021, an OPC can convert into a private or public company at any time without the earlier turnover or capital limits.
Our team helps you choose the name, prepares the incorporation filing with the nominee's consent and arranges the digital signatures, then follows the application through to incorporation.
Who needs it
- Solo founders and consultants who want limited liability
- Sole proprietors whose business has grown and who want a company structure
- Freelancers who need a company to sign contracts with larger clients
Documents required
What we usually ask for. Our team confirms the exact list for your case before anything is filed.
- PAN and identity proof of the member and the nominee
- Address proof of the member (recent bank statement or utility bill)
- Proof of the registered office and the owner's no-objection letter
- The nominee's written consent (Form INC-3)
- Photographs and a digital signature certificate for the director
How it works
- 1
Check eligibility
We confirm that the member is a natural person, an Indian citizen and resident in India, and agree who the nominee will be.
- 2
Name and documents
We check the proposed names, draft the memorandum and articles and collect the nominee's consent.
- 3
SPICe+ filing
The incorporation is filed through SPICe+ with the linked forms; DIN, PAN and TAN are applied for in the same filing.
- 4
Certificate of incorporation
MCA issues the certificate on approval. We help with any resubmission the Registrar asks for.
Typical timeline
Processing time depends on MCA's Central Registration Centre and on whether a resubmission is needed; no fixed approval period is prescribed. A name reserved for a new company is generally valid for 20 days.
Get a free quote
Answer a few questions and our team will contact you. It takes about two minutes.
Official sources
The government portals and laws this page is based on:
Please note