Register a one person company registration online in India within 7 – 10 days. Get expert help from Online Legal India in OPC registration.
*Once you are Ready to Setup your Dream Company, you’ll receive Rs 999 adjustment from your selected package from us
*Once you are Ready to Setup your Dream Company, you’ll receive Rs 999 adjustment from your selected package from us
With the introduction of the Companies Act, 2013 the concept of the One Person Company came into existence to motivate the small traders and entrepreneurs who has the potentiality to start their own business and build up their own identity. The biggest advantages of starting a One Person Company are that only one person is required to start the business. An entrepreneur can be the master of their own domain in case of One Person Company (OPC). Wherein in case of Private Limited Company or LLP, minimum of two members is needed to be incorporated.
One Person Company was introduced in the J.J Report to create empowerment for the entrepreneurs where they can give a shape to their ideas. As there is a progress in the use of information technology and growth in the service sector in India, government has launched the concept of OPC.
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* Exclude Govt. Fees & DSC charges
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| Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm | |
| Act | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
| Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | No |
| Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
| Separate Legal Entity | Yes | Yes | Yes | No | No |
| Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
| Statutory Audit | Mandatory | Mandatory | Dependent | Not mandatory | Not mandatory |
| Ownership Transfer ability | Yes | No | Yes | No | No |
| Uninterrupted Existence | Yes | Yes | Yes | No | No |
| Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
| Tax Rates | Moderate | Moderate | High | High | Low |
| Statutory Compliance | High | Moderate | Moderate | Less | Less |
Fill our Registration Form & Make the Payment
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Expert Will Call You & Receive All the Necessary Documents.
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Will Create DSC & the DIN Number of Director
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MOA and AOA Drafting & Submit
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Your Documents will be Filed & Submitted to the ROC
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Congratulations! You've registered your company.Certificates will be sent by post.
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The directors personal property is forever safe in no matter the debts of the business. In OPC only investment in the company is lost, personal assets of the directors are saved.
An OPC has a seperate legal identity, it would pass on the nominee director, therefore, it has continued existence.
An OPC requires to have its books audited yearly, it has credibility between vendors and lending institutions.
OPC Company is simple to sell because of limited documentation work.
The fact helps in fast decision making and execution.Yet OPC can select as many as 15 directors for official functions, without providing any share to them.
OPC is 1 of the easiest forms of corporate entities to operate.Very few ROC filing is to be registered with the Registrar of Companies.
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One Person Company is a category of company where the shareholder is a single person. These companies are created when the founder or owner is a single individual. The owner is not liable to the losses incurred by the company.