A One Person Company (OPC) was introduced under the Companies Act 2013 to enable solo entrepreneurs to run a corporate entity with limited liability. It offers all the benefits of a Private Limited Company — separate legal identity, limited liability, perpetual succession — but can be owned and managed by a single person.
OPC is perfect for freelancers, consultants, and solo business owners who want to elevate their business profile while maintaining full control. SPOTON handles the complete OPC incorporation process, including appointment of a nominee (mandatory for OPC).
Key Benefits
Single OwnershipOwned and managed by one person — full control with no co-founders needed.
Limited LiabilityPersonal assets protected; liability limited to paid-up capital.
Corporate CredibilityClients, banks, and government treat an OPC with the same credibility as a Pvt Ltd.
Perpetual SuccessionOPC continues even if the sole member is replaced — via the appointed nominee.
Easy ConversionAn OPC can be converted to a Pvt Ltd company once turnover crosses ₹2 crore.
Fewer CompliancesCompared to Pvt Ltd, OPC has relaxed annual compliance requirements.
Eligibility & Requirements
Only one member/shareholder (must be a natural person and Indian citizen)
One nominee (Indian citizen and resident) — takes over if the member becomes incapacitated
One director minimum (member can also be the director)
Registered office address in India
Member must be resident in India (stayed 182+ days in preceding year)
One person cannot incorporate more than one OPC
Step-by-Step Process
1
DSC & DIN
Apply for Digital Signature Certificate and Director Identification Number for the sole director.
2
Nominee Consent
Obtain written consent from the nominee (Form INC-3).
3
Name Reservation
Reserve the OPC name via MCA's RUN service.
4
Draft MOA & AOA
Prepare Memorandum and Articles of Association including nominee details.
5
File SPICe+
Submit incorporation application to MCA with all documents.
6
Certificate of Incorporation
Receive your CIN and Certificate of Incorporation from MCA.
Documents Required
PAN and Aadhaar of the sole member
PAN and Aadhaar of the nominee
Passport-size photograph of member and nominee
Address proof of member (bank statement / utility bill)
Proof of registered office + NOC from owner
Proposed company name and business objectives
Need help gathering documents? Our team will send you a personalised checklist and guide you through document preparation — just WhatsApp or call us.
Frequently Asked Questions
Only a natural person who is an Indian citizen and resident can form an OPC. NRIs cannot incorporate an OPC, though they can invest as foreign shareholders after conversion to Pvt Ltd.
The nominee is appointed by the sole member. If the member becomes incapacitated or passes away, the nominee steps in to manage the company. The nominee must give written consent.
Yes. An OPC must mandatorily convert to a Pvt Ltd if paid-up capital exceeds ₹50 lakh or annual turnover crosses ₹2 crore. Voluntary conversion is also permitted.
OPC must file annual returns (MGT-7A), financial statements (AOC-4), and income tax returns. AGM is not mandatory for OPCs. SPOTON manages all ongoing compliance.
If an OPC has only one director, at least one board meeting must be held in each half-year. Minutes must be recorded and maintained.
