OPC Registration

One Person Company Registration (OPC) in India is one of the simplest forms of corporate entities to manage in case you are a single owner to run the business. OPC is a hybrid of Sole-Proprietorship and Corporate forms of business. It has been equipped with various concessions in compliance requirements under the Companies Act. It is a form of a company where the compliance requirements are lesser than a Private limited company. OPC registration is a very quick, simple and affordable registration.
In year 2013, the one-person company (OPC) structure was introduced for the first time as a refinement of the sole proprietorship firm structure. In an OPC, a single promoter gets complete control of the business, limiting his or her accountability for the company's contributions.

• Single Ownership: Requires only one shareholder and one director (the same person can be both).
• Limited Liability: The owner's personal assets are protected; liability is limited to the unpaid share capital.
• Separate Legal Entity: The company is a distinct legal person capable of owning property and entering contracts in its own name.
• Perpetual Succession: The business continues to exist despite the death or incapacity of the owner, as a Nominee must be appointed at the time of registration.
• Lower Compliance: Enjoys exemptions from certain corporate requirements, such as holding an Annual General Meeting (AGM). 

Upon successful registration, the company is assigned a 21-digit Corporate Identification Number (CIN), which serves as its unique identity. 
Registration Fees & Timeline

 

Component                                    Estimated Cost (INR)                                Estimated Timeline

Government Fees               ₹3,000 – ₹8,000 (varies by capital/state)               DSC & DIN: 1–2 days

Professional Fees              ₹5,000 – ₹15,000 (CA/CS/Consultant)                   Name Approval: 2–3 days

Stamp Duty                                          Varies by state                                      COI Issuance: 3–5 days

Total                                         ₹10,000 – ₹25,000 (Approx.)                            Total: 7–15 working days

• Board Meetings: At least two meetings per financial year (one in each half), with a minimum 90-day gap between them.
• Annual Filings: Submit Form AOC-4 (Financial Statements) and Form MGT-7A (Annual Return) to the MCA within 180 days of the financial year-end.
• Statutory Audit: Accounts must be audited annually by a Chartered Accountant.
• Income Tax: Corporate tax rate applies (flat 22% or 30%, depending on the tax regime chosen); file returns by September 30 annually.
• Director KYC: Annual filing of DIR-3 KYC by September 30.
• Mandatory Conversion: Must convert to a Private Limited Company if paid-up capital exceeds ₹50 lakh or annual turnover exceeds ₹2 crore​

Documents Required for One Person Company Registration
The documents required for One Person Company registration include identity proof, address proof, and registered office proof, among others, which are as follows:

        Category                                                 Documents Required
                                  
For Member/Director
                                                         - PAN Card and Aadhaar Card (Identity proof) 
                                                         - Recent passport-sized photographs
                                                         - Government-issued ID (Passport, Driving License, or Voter ID) 
                                                         - Proof of residence (Recent utility bills, bank statements) 
                                                         - Digital Signature Certificate (DSC)
For Nominee   
                                                         - PAN Card and Aadhaar Card 
                                                         - Recent photographs 
                                                         - Signed consent letter to act as a nominee 
                                                         - Identity and address proof documents
For Registered Office
                                                         - Proof of ownership or rental agreement 
                                                         - No-objection certificate (NOC) from the property owner if rented 
                                                         - Recent utility bills showing the address
Additional Requirements
                                                         - Director Identification Number (DIN) (obtained during registration) 
                                                         - Declaration of intended business activities 
                                                         - Memorandum of Association (MOA) 
                                                         - Articles of Association (AOA)

The process is handled online via the Ministry of Corporate Affairs (MCA) Portal through the integrated SPICe+ form: 

• Obtain DSC: Acquire a Digital Signature Certificate (DSC) for the director and nominee.
• Name Reservation: Apply for a unique name (ending in "(OPC) Private Limited") via SPICe+ Part A.
• Documentation: Prepare the Memorandum of Association (MoA), Articles of Association (AoA), and obtain nominee consent (Form INC-3).
• Submission: File SPICe+ Part B for incorporation, including PAN and TAN applications.
• Issuance: The Registrar of Companies (RoC) issues the Certificate of Incorporation (CoI).