One Person Company Registration | Quick & Easy in just 7 Days*

A One Person Company (OPC) is a distinct business structure introduced under the Companies Act, 2013. It allows a single entrepreneur to start and manage a company independently, combining the flexibility of a sole proprietorship with the advantages of limited liability and a corporate structure.

This structure is designed for individuals who want to enjoy the benefits of a corporate entity without the need to involve multiple shareholders. With OPC, entrepreneurs gain limited liability protection, perpetual succession, and enhanced credibility. Moreover, it is particularly suited for those running small businesses, startups, or ventures that require a corporate framework for operational ease and investor trust.

Registering a company might seem overwhelming, but Finodha simplifies this process with precision and expertise. We offer a tailored approach to meet the unique requirements of your business. Here’s why Finodha is the trusted choice for entrepreneurs:

1. Seamless Online Process: With our efficient digital platform, you can complete the entire registration process from the comfort of your home.
2. Expert Legal Support: Our team of professionals ensures all your documentation is compliant with legal requirements.
3. Affordable Packages: We offer cost-effective options that cater to businesses of all sizes, ensuring affordability without compromising on quality.
4. Faster Turnaround Times: We prioritize efficiency, ensuring your OPC registration is completed quickly so your business can start operating without delays.
5. End-to-End Assistance: From name approval to obtaining a Certificate of Incorporation, we handle everything on your behalf.

One Person Company (OPC) is an innovative business structure that blends the simplicity of sole ownership with the sophistication of a corporate entity. Its key features include:

1. Single Ownership: One individual owns and manages the entire business.
2. Limited Liability: The owner’s liability is restricted to their shareholding, protecting personal assets from business liabilities.
3. Separate Legal Identity: An OPC is a distinct legal entity, separate from its owner.
4. Perpetual Succession: In case of the owner’s demise, a nominee takes over to ensure continuity.
5. Minimal Compliance: Compared to other corporate structures, OPC has fewer legal and regulatory obligations.

Registering your business as an OPC comes with numerous advantages:

1. Limited Liability Protection: Shield your personal assets from business-related risks and liabilities.
2. Enhanced Credibility: Gain trust and legitimacy with a corporate identity, improving relationships with clients, suppliers, and investors.
3. Tax Benefits: Avail of deductions and tax benefits applicable to corporate entities under Indian tax laws.
4. Ease of Management: As a single owner, decision-making is simplified without the need for extensive consultations or board approvals.
5. Investment Opportunities: OPC’s corporate status makes it easier to attract investors compared to sole proprietorships.

To register an OPC with Finodha, the following documents are necessary:

1. Identity Proof: PAN card, Passport, Voter ID, or Driving License.
2. Address Proof: Recent utility bills, bank statements, or rent agreements.
3. Photograph: A passport-sized photograph of the owner.
4. Registered Office Proof: Property tax receipt, rent agreement, or NOC from the landlord.
5. Digital Signature Certificate (DSC): Essential for e-filing and document authentication.

At Finodha, we’ve simplified the OPC registration process to ensure a seamless experience:

1. Obtain a Digital Signature Certificate (DSC): Required for online filings and document verification.
2. Apply for a Director Identification Number (DIN): A unique ID for the owner of the OPC.
3. Reserve a Name: Choose a unique company name and reserve it through the Ministry of Corporate Affairs (MCA) portal.
4. File Incorporation Application: Submit the Memorandum of Association (MoA) and Articles of Association (AoA) along with other documents.
5. Receive Certificate of Incorporation: Once approved, you’ll receive the Certificate of Incorporation along with the company’s PAN and TAN.

Although OPCs have minimal compliance compared to other company structures, some key requirements include:

1. Filing annual returns and financial statements with the Registrar of Companies (RoC).
2. Maintaining proper financial records and books of accounts.
3. Appointing an auditor within 30 days of incorporation.
4. Conducting board meetings if applicable.

The cost of registering an OPC includes:

• Government fees (based on authorized capital).
• Professional fees for drafting and filing documents.
• DSC and DIN charges.
• Stamp duty and name reservation fees.

1. Low Compliance Costs: Reduced regulatory burdens make it ideal for startups.
2. Flexibility in Decision-Making: Single ownership ensures quick decisions.
3. Attracting Investors: Corporate structure improves funding opportunities.
4. Ease of Conversion: OPCs can easily be converted to Private Limited Companies as the business grows.

Finodha is a trusted partner for entrepreneurs looking to register their OPC with minimal hassle. Here’s what makes us stand out:

• End-to-End Support: From documentation to final incorporation, we manage everything for you.
• Transparent Pricing: No hidden costs – complete clarity on our fees and charges.
• Tailored Solutions: We offer customized registration packages based on your business needs.
• Long-Term Assistance: Beyond incorporation, we help with tax filings, compliance, and business advisory services.
• Start Your Business Journey with Finodha Today: Embark on your entrepreneurial journey confidently with Finodha. Let us handle the complexities while you focus on growing your dream venture.

While both structures have a single owner, an OPC provides limited liability and a corporate identity, unlike a sole proprietorship where the owner bears unlimited liability.

Yes, the concept of OPC is to promote an individual who wants to start a business on his own along with the shield of a private limited company.

Certificate of Incorporation is the final registration proof of one person company.

At the initial stage of OPC incorporation, we will file nominee details with ROC and in the event of demise, the ownership shall be transferred to such nominee.

A minimum of 1 director is required to incorporate a one-person company and a maximum of 15 directors can be there in a one-person company.

Any person who attends the age of 18 can be a director of the company.

Yes to incorporate your one-person company’s latest utility bill along with NOC from the property owner in favour of the company is required.

DSC stands for Digital Signature Certificate. It is basically a pen drive containing your signature in a digital form and is password protected. It is mandatorily required to sign the various incorporation applications by directors and shareholders digitally. It is only issued by government-authorized agencies.

MOA and AOA are charter documents of the company. It defines the business objectives and rules & regulations of the company. It is drafted by our professionals and delivered to you along with a Certificate of incorporation.

Yes, Finodha® is an all-online platform serving all over India no matter wherever you are doing business all you need is an internet connection on your mobile or desktop and we are ready to get your job done.

No, You don’t need to be physically present for the process, Finodha® is an all-online catering platform all you need is an internet connection on your phone/computer and the required documents with you and we can get the job done no matter even if you are present at the remotest location of the BHARAT.

No. As per the Company’s Act 2013, only one OPC can exist against the name of a single director.