A One Person Company (OPC) is a unique business structure introduced under the Companies Act, 2013, designed for solo entrepreneurs. It combines the flexibility of a sole proprietorship with the legal advantages of a private limited company. An OPC allows one person to own and manage the entire business while enjoying limited liability protection.
It has a separate legal identity, can own property, enter contracts, and continue to exist even after the owner’s lifetime. OPC is ideal for consultants, freelancers, or small entrepreneurs who want to start a business under a formal structure.
find the key benefits:
1. Limited Liability Protection – Personal assets are safe from business debts.
2. Single Ownership – 100% control and decision-making authority.
3. Separate Legal Entity – The company can own property and enter into contracts.
4. Perpetual Succession – The company continues even if the owner is unavailable.
5. Low Compliance Requirements – Fewer filings and no AGM needed.
6. Easy Conversion – Convert to a private limited company anytime.
7. Tax Benefits – Enjoy structured tax rates and exemptions.
8. Professional Image – Build credibility with clients, banks, and investors.
9. Name Protection – Your OPC name is legally protected under MCA.
1. Only one person can be the shareholder.
2. The person must be an Indian citizen and resident of India.
3. A nominee must be appointed (in case of death/incapacity).
4. Minimum 1 director and 1 shareholder (can be the same person).
5. Minimum paid-up capital: No specific limit (₹1 lakh earlier, now flexible).
1. Personal Documents:
a. PAN Card & Aadhaar Card of the owner
b. Passport-size photo
c. Address proof (Bank statement / Utility bill)
2. Registered Office Documents:
a. Electricity / Water bill (not older than 2 months)
b. NOC from property owner
c. Rent agreement / Ownership proof
1. Consult with xLEGAL Experts – Understand eligibility & documents.
2. Name Approval (RUN Form) – Get your desired company name approved by MCA.
3. Drafting of Documents – MOA, AOA, and Nominee Consent.
4. Digital Signature (DSC) & Director Identification Number (DIN) creation.
5. Filing SPICe+ Form with MCA for incorporation.
6. Certificate of Incorporation Issued – Company officially registered.
7. PAN, TAN & Bank Account opening assistance by xLEGAL.
1. End-to-End Support: From document preparation to final registration.
2. Fast Process: Get your OPC incorporated within 7–10 working days.
3. Affordable Pricing: Transparent and competitive service fees.
4. Expert Guidance: Legal, tax, and compliance professionals on board.
5. 100% Online Process: No physical visits, all digital filings.
6. After Incorporation Support: Annual filing, GST, FSSAI, trademark & more.
Once your OPC is registered, you’ll also need:
1. GST Registration
2. FSSAI License (if in food business)
3. Trademark Registration
4. ISO Certification
5. Accounting & Tax Filing
All available under one roof at xLEGAL!
Need expert assistance? xLegal Team provides end-to-end support for this, Contact us at +91 9319661668, info@xlegal.in