Overview
A One Person Company (OPC) allows a single entrepreneur to run a company with full ownership and limited liability. It’s ideal for freelancers, consultants, and small business owners who want to enjoy corporate benefits without partners. OPCs are recognized under the Companies Act, 2013, offering legal protection, easy funding options, and scalability.Process
- Obtain DSC (Digital Signature) & DIN (Director Identification Number)
- Apply for company name approval via SPICe+
- Draft MOA (Memorandum) & AOA (Articles of Association)
- File incorporation application with ROC
- Receive Certificate of Incorporation & open bank account
Documents Required
- PAN, Aadhaar, and photo of the director
- Address proof (passport, voter ID, or driving license)
- Proof of registered office (electricity bill, NOC)
- Nominee details with consent
Time Required
⏳ 5–7 working daysKey Benefits
- Single ownership with limited liability
- Easier compliance than a Private Limited Company
- Separate legal entity
- Enhanced brand credibility