One Person Company (OPC)

One Person Company (OPC) means a company which has only one person as a member that too with limited liability.

One Person Company Registration

One Person Company (OPC) is a company with only one member person (only an Indian citizen and resident in India). This form of a business offers limited liability to the business owner as opposed to the sole proprietor whose liabilities are unlimited. OPC also shares many advantages of a private limited company, in fact, can be converted into a private limited company after 2 years of establishment. OPC can be registered only as a private company which means that all the provisions applicable to private company will be applicable to an OPC, unless otherwise expressly excluded in the Act or rules made there under.

Legal Brother’s has a team of experts in One Person Company (OPC) registration for pan India locations. You may contact us to get your One Person Company (OPC) registered in Delhi, Mumbai, Bangalore, Kolkata, Kanpur, Bareilly, Lucknow, Kanpur, Ghaziabad, Ludhiana, Faridabad, Meerut, Varanasi, Srinagar, Amritsar, Allahabad, Chandigarh, Bareilly, Moradabad, Gurgaon, Aligarh, Jalandhar or any other cities in India.

Why Needed: Reasons & Benefits

The Features and benefits of a One Person Company are:

Proprietorship Firm Registration Benefits- easy to start

Easy to transfer ownership

Its only needs share transfers from one owner to the respective one for changing the owners of company. That’s it.

Private Limited Company Registration- Separate Legal entity

Separate Legal entity

OPC are also treated as separate legal entity.

Private Limited Company Registration- Brand trust and customer satisfaction

Market Goodwill

Since, Indian government takes a close check on all the Pvt. Ltd companies, market credibility gets better on its own due to the transparency.

Documents Required

  • PAN Card

Individual PAN card of the owner is required for registration.

  • Aadhar Card/ Voter Id card

Aadhar card of the owner is needed for the OPC Registration.

  • OPC Address Proof

Any utility bill like Electricity bill or water tax bill, rent agreement with owner(if only property is rented) are required.

  • Additional address proof

Any one document out of the Bank statement or updated bank passbook or Utility bill is needed for registration.

  • Additional ID proof

Any one document out of the One documents out of a Voter ID or Driving license or Passport is needed.