Turn Your Solo Vision into a Legal Business Entity
A One Person Company (OPC) is a unique business structure introduced under the Companies Act, 2013. It is an ideal solution for solo entrepreneurs who want to start a company with limited liability protection, a formal corporate structure, and ease of compliance.
At SmoothRun, we help solo entrepreneurs and professionals establish their One Person Company (OPC) with speed, clarity, and compliance. As a Chartered Accountant with in-depth knowledge of Indian corporate laws and taxation, I ensure your OPC is not just registered—but built on a foundation of long-term growth and regulatory strength.
One Person Company Registration In 4 Easy Steps
What is included in One Person Company Registration package?
- TAN or TDS Number
- Name Search Approval
- Filing of SPICE+ Form
- E-Pan Card of Company
- DIN for Director
- Main Object Drafting
- Drafting of MOA & AOA
- Certificate of Incorporation
Benefits of One Person Company Registration
Why Choose a One Person Company (OPC)?
The One Person Company concept enables a single entrepreneur to operate a business with the benefits of a corporate entity, such as limited liability and perpetual succession, without needing a partner or co-founder.
Easy Transition
Conversion to a Private Limited Company is seamless when the business grows and crosses certain thresholds.
Legal Recognition
An OPC enjoys a separate legal identity, giving it credibility and recognition among customers, investors, and suppliers.
Tax Benefits
OPCs enjoy tax advantages, such as lower tax rates compared to sole proprietorships
Single Owner
Only one individual owns and controls the entire company, making it easier to manage decision-making.
Separate Legal Identity
The company is legally distinct from you. It can own assets, enter contracts, and sue or be sued.
Limited Liability
Personal assets of the owner are safeguarded, and liability is limited to the amount invested in the business.
Documents required For One Person Company Registration
Aadhar Card, Voter ID of directors and shareholders
Utility Bill, Bank Statement, etc of the directors
Photographs of the owner and nominee
Director Identification Number (DIN)
Digital Signature Certificate (DSC) of the owner
Memorandum of Association and Articles of Association
Registered office proof (Lease Agreement or Ownership Document)
Checklist for One Person Company Registration in India
- Only one individual can be the sole shareholder and director
- The individual must be an Indian citizen and resident
- A nominee (also an Indian resident) must be appointed during the registration process
Business Comparision
| Feature | Private Limited Company | Limited Liability Partnership | Sole Proprietorship | Partnership Firm | One Person Company (OPC) |
|---|---|---|---|---|---|
| Legal Status | Separate Legal Entity | Separate Legal Entity | No Separate Legal Entity | No Separate Legal Entity | Separate Legal Entity |
| Liability | Limited to Shares | Limited to Contribution | Unlimited | Unlimited | Limited to Shares |
| Minimum Members | 2 | 2 | 1 | 2 | 1 |
| Maximum Members | 200 | Unlimited | 1 | 20 (unregistered firms) | 1 |
| Compliance Requirements | High | Medium | Low | Medium | Medium |
| Taxation | Corporate Tax Rates | Firm Tax Rates | Individual Tax Rates | Firm Tax Rates | Corporate Tax Rates |
| Funding Options | Equity & Loans | Loans | Limited | Limited | Limited |
| Transfer of Ownership | Easily Transferable | Restricted | Not Applicable | Difficult | Restricted |
| Annual Filings | Mandatory | Mandatory | Not Required | Not Required | Mandatory |
| Perpetual Succession | Yes | Yes | No | No | Yes |
| Ideal For | Startups & Growing Businesses | Professionals & Small Businesses | Small Businesses | Small/Family Businesses | Individual Entrepreneurs |
What our Client's Say
SmoothRun is used by hundreds of founders to start, operate and grow their business.
We are Pune’s one of highest rated service provider, we are known for completing Business incorporations and other compliance services in record time.
Vrushali Yevle
“
Kunal Singh
“
Prashant Jagtap
“
What our Client's Say
SmoothRun is used by hundreds of founders to start, operate and grow their business.
We are Pune’s one of highest rated service provider, we are known for completing Business incorporations and other compliance services in record time.
Vrushali Yevle
“
Kunal Singh
“
Prashant Jagtap
“
Frequently Asked Questions
Any Indian citizen who is a resident in India (i.e., has stayed in India for at least 120 days during the financial year) can incorporate a One Person Company. The individual must be 18 years or older and cannot be part of more than one OPC at a time.
No, there is no minimum capital requirement for registering an OPC. You can start your OPC with any amount of capital that suits your business needs.
Yes, an OPC can voluntarily convert into a Private Limited Company after two years of incorporation, or earlier if its turnover exceeds ₹2 crore or paid-up capital exceeds ₹50 lakh.
Yes, the law requires you to appoint a nominee while incorporating an OPC. The nominee will take over the company in case of the promoter’s death or incapacity. The nominee must give their written consent.
Yes, an OPC can have up to 15 directors, but it must have only one shareholder. The director and shareholder can be the same person.
Yes, even if your OPC has minimal transactions, a statutory audit is mandatory under the Companies Act. Being a CA-led service, SmoothRun ensures 100% compliance with audit and financial reporting norms.
No, you can register your OPC using your residential address as the registered office, as long as you provide valid proof and a No Objection Certificate (NOC) from the property owner.
Typically, OPC registration takes 7–10 working days, depending on document readiness and MCA approvals. We ensure the process is smooth and timely.
An OPC must fulfill these annual compliances:
Filing of MCA Annual Returns (AOC-4 and MGT-7A)
Income Tax Return (ITR)
Statutory Audit
GST returns (if applicable)
SmoothRun provides ongoing compliance services so you can focus on growing your business.
At SmoothRun, your OPC is handled by a qualified Chartered Accountant with expertise in company law, taxation, and business finance. We go beyond registration to offer complete financial and compliance support for your company’s growth.
