One Person Company Registration Only
@ Rs. 1,999 *
- Lowest price guaranteed
- Hassle-free and smooth registration
- OPC incorporation certificate in 10 days
- Expert OPC registration assistance
Google Reviews
★★★★ 4.3/510.5k+ Happy Reviews
Register your One Person Company today
Finocircle For Fast OPC Company Registration
Finocircle is a team of compliance and taxation experts who specialize in providing comprehensive business registration services tailored to entrepreneurs’ and startups’ unique needs. With our team of experienced professionals and deep understanding of Indian company law, we offer seamless One Person Company (OPC) registration services.
Our commitment to efficiency, accuracy, and client satisfaction makes us the preferred choice for individuals looking to establish their OPC in India.
1. Fill Form
Simply request a callback via the above form to get started.
2. Call to discuss
Our expert will connect with you & prepare documents.
3. Get certificate
Get your Company Incorporation certificate
Introduction
What is One Person Company?
A One Person Company (OPC) is a company structure that entrepreneurs prefer because it offers a separate legal entity that offers limited liability benefits. Introduced in the Companies Act, 2013, one person company formation is designed to support entrepreneurs and facilitate easier business operations for single promoters. An OPC is the best option when exploring the benefits of a sole proprietorship and the advantages of a private limited company.
Key features of a One Person Company include:
- Single shareholder (owner) who is also the director
- Separate legal entity status
- Limited liability protection for the owner
- Simpler compliance requirements compared to other company structures
- Mandatory nominee director appointment
Eligibility Criteria for One Person Company
Before you proceed with one person company registration it is essential to understand the eligibility criteria. To form an OPC in Delhi NCR, the following eligibility criteria must be met:
- Nationality and Residency:
- The sole member must be a natural person.
- They must be an Indian citizen.
- They should be a resident of India, meaning they have stayed in India for at least 182 days during the immediately preceding financial year.
- Age Requirement:
- The member must be at least 18 years old.
- Company Limits:
- A person can be a member of only one OPC at any given time.
- The OPC should not have more than 15 employees.
- Nominee Requirement:
- The member must nominate another person as the nominee.
- The nominee must be an Indian citizen and resident.
- The nominee’s consent is required in writing.
- Business Activities:
- An OPC can conduct any lawful business activity allowed for private limited companies.
- However, it cannot engage in Non-Banking Financial Investment activities.
- Paid-up Capital:
- There is no minimum paid-up capital requirement for an OPC.
- Conversion Criteria:
- An OPC must be converted into a private or public company if its paid-up capital exceeds ₹50 lakhs or its average annual turnover exceeds ₹2 crores for three consecutive financial years.
- Director Requirement:
- The OPC must have at least one director (usually the sole member).
- The director must have a valid Director Identification Number (DIN).
One person company offers many advantages, it also come with specific limitations and compliance requirements. Consulting with a legal expert like Finocircle can help ensure that an OPC is the right structure for your business needs.
BENEFITS
Benefits of One Person Company Registration
We have helped hundreds of individuals across industries with OPC registration. Over a span of more than 15 years, Finocircle has facilitated entrepreneurs benefit from one person company incorporation.
Registering as an OPC offers numerous advantages for entrepreneurs:
Limited Liability
The owner's personal assets are protected from business liabilities.
Easier Funding
OPCs have better credibility, making it easier to secure loans and investments.
Simplified Compliance
Less stringent regulatory requirements compared to private limited companies.
Single Decision Maker
Complete control over business decisions without the need for board meetings.
Separate Bank Account
Ability to open a corporate bank account, separating personal and business finances.
Perpetual Succession
The company continues to exist even if the owner changes.
Professional Image
An OPC structure lends more credibility to your business compared to a sole proprietorship.
Tax Benefits
Potential for tax benefits and deductions not available to sole proprietorships.
Easy Scalability
Simple process to convert to a private limited company as your business grows.
Intellectual Property Ownership
The company can own intellectual property rights.
DOCUMENTS CHECKLIST
Documents Required for One Person Company Registration
If you are considering one person company, you have to prepare and provide some documents. Finocircle can help you compile the required documents. To start with OPC company registration, you’ll need to prepare the following documents:
PAN Card and Aadhar Card of the single director
Passport-sized photograph of the director
PAN Card and Aadhar Card of the nominee
NOC from the owner of the property for registered office address
Rental agreement (if applicable) for the registered office
Proof of registered office address (Utility bill not older than 2 months)
Residential proof of the director (Utility bill, Passport, Driving License)
Digital Signature Certificate (DSC) of the director
Details of proposed company name (at least 2 options)
Object of the business
Proposed authorized capital of the company At
At Finocircle, we guide you through the document collection process, ensuring all requirements are met for a smooth registration.
INCORPORATE WITH FINOCIRCLE
One Person Company Registration
Finocircle company registration services cover all aspects of one person company registration. Our team comprises seasoned company registration experts with in-depth knowledge of OPC regulations. Finocircle offers OPC registration services backed by professionals who stay ahead of regulatory changes, ensuring your company formation is compliant and optimized.
Choosing Finocircle for your OPC registration ensures a smooth, efficient, and compliant process:
Expertise: Our team of company law experts and chartered accountants have extensive experience in OPC registrations.
End-to-End Service: We handle everything from document preparation to final registration certificate delivery.
Time-Efficient: Our streamlined processes ensure quick turnaround times for your OPC registration.
Cost-Effective: Competitive pricing with no hidden costs.
Personalized Guidance: We provide tailored advice based on your specific business needs and future goals.
Post-Registration Support: Our services extend beyond registration, offering support for initial compliances and queries.
Digital Process: Leverage our user-friendly online platform for a paperless, convenient registration experience.
Compliance Assurance: We ensure your OPC registration and setup comply with all legal and regulatory requirements.
Transparent Communication: Stay informed at every registration process step with our regular updates.
Additional Services: Access to a range of related services including tax registration, accounting, and annual compliance support.
What Our Comprehensive OPC Registration Services Include?
Pre-Registration Consultation
Our pre-registration consultation service includes:
- Assessing the suitability of OPC structure for your business
- Explaining the benefits and limitations of OPC
- Guiding you on compliance requirements
Name Reservation
We assist you in:
- Brainstorming unique company names
- Checking name availability
- Submitting RUN (Reserve Unique Name) application to MCA
Document Preparation
Our document preparation service covers:
- Drafting Memorandum of Association (MOA)
- Preparing Articles of Association (AOA)
- Compiling all required forms and affidavits
Director Identification Number (DIN) Application
We help you obtain DIN by:
- Preparing and submitting DIN application
- Following up with MCA for approval
Digital Signature Certificate (DSC) Procurement
Our service includes:
- Guiding you through the DSC application process
- Liaising with certifying authorities for timely issuance
Company Incorporation
We handle the entire incorporation process, including:
- Filing SPICe+ form with MCA
- Submitting all required documents
- Following up for Certificate of Incorporation
Post-Registration Compliance
Our post-registration support covers:
- Obtaining company PAN and TAN
- Assisting with bank account opening
- Guiding on initial compliance requirements
COMPARE RELATED SERVICES
Difference between Pvt Ltd, LLP, and OPC
While Private Limited Companies, Limited Liability Partnerships (LLPs), and One Person Companies (OPCs) are all popular business structures in India, they have distinct characteristics suited for different business needs.
| Feature | Private Limited Company | Limited Liability Partnership (LLP) | One Person Company (OPC) |
|---|---|---|---|
| Minimum Members | 2 Directors, 2 Shareholders | 2 Partners | 1 Director, 1 Shareholder |
| Maximum Members | 200 Shareholders | No Limit | 1 Shareholder |
| Limited Liability | Yes | Yes | Yes |
| Perpetual Succession | Yes | Yes | Yes |
| Separate Legal Entity | Yes | Yes | Yes |
| Mandatory Audit | Yes | Only if turnover exceeds ₹40 lakhs or contribution exceeds ₹25 lakhs | Only if turnover exceeds ₹2 crores |
| Ease of Raising Funds | High | Moderate | Moderate |
| Conversion Flexibility | Can convert to public limited | Can convert to private limited | Can easily convert to private limited |
| Compliance Burden | High | Moderate | Low |
| Credibility | High | Moderate | Moderate |
Each company incorporation structure has its own advantages, and the choice depends on your specific business goals, scale of operations, and long-term vision. At Finocircle, we provide personalized consultations to help you choose the most suitable structure for your business.
Frequently Asked Questions
What is the minimum capital required to start an OPC?
There is no minimum capital requirement for starting an OPC in India. You can start with any amount of authorized capital.
Can a non-resident Indian (NRI) form an OPC?
No, according to the Indian company incorporation laws, only Indian citizens who are residents of India can form an OPC.
Is it mandatory to appoint a nominee for an OPC?
Yes, appointing a nominee is mandatory for an OPC. The nominee takes over in case of the member’s death or incapacity.
Can an OPC be converted into a private limited company?
Yes, an OPC can be voluntarily converted into a private limited company at any time.
What are the annual compliance requirements for an OPC?
OPCs must file annual financial statements and returns with the Registrar of Companies (ROC). They also need to maintain statutory registers and minute books.
How long does it take to register an OPC?
With Finocircle, the OPC registration process typically takes 10-15 working days, subject to government processing times.
Can an OPC have multiple directors?
An OPC must have one director and can have a maximum of 15 directors.
Can an individual form multiple OPCs?
No, an individual can be a member of only one OPC at any given time.
What happens if the turnover of an OPC exceeds ₹2 crores?
If the turnover exceeds ₹2 crores or the paid-up share capital exceeds ₹50 lakhs, the OPC must be converted into a private or public limited company within six months.
We're Trusted By Our 5k+ Clients
At Finocircle, we take pride in our ability to provide One Person Company registration services that exceed our clients’ expectations. Our commitment to professionalism, expertise, and personalized attention has earned us the trust and satisfaction of numerous clients.
Renu Choudhary
When we decided to register Neer Info Solutions Pvt Ltd, we turned to Finocircle based on a recommendation. Their professionalism and attention to detail throughout the registration process were commendable.
Anupam Rathore
Icon Technosys Pvt Ltd is thankful to them for their guidance in handling the complexities of GST registration. Finocircle's support has been crucial to our business's compliance, and we continue to nurture partnerships.
Rajeev Sharma
PCM Worldwide Flights Pvt Ltd has relied on Finocircle for our income tax filing needs. Their accurate and timely service has helped us stay compliant and avoid tax-related issues.
Anil Desai
For many reasons, Finocircle's private limited annual compliance service has been a game-changer for Civitas Opus Pvt Ltd. It is surprising for us to find that their expertise and dedication made annual compliance so easy for us.
Deepankur Chawla
Maxify Digital Pvt Ltd is grateful to Finocircle for their assistance in registering our startup. We are looking for a knowledgeable team, and they were the best ones to guide us through every step, ensuring a seamless registration process.
Happy Customer
Total Employees
Years in Service
Industries Served
