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Run a company on your own with limited liability

Solo founders get a separate legal entity, limited liability and lighter compliance than a private company.

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What an OPC is Documents required How we incorporate Lighter compliance How it compares Common questions

What an OPC is

A One Person Company lets a single individual own a company. The owner gets limited liability and a separate legal identity without needing a partner. A nominee must be named to step in if the owner dies or cannot act.

Key features

One member and one nominee
At least one director, up to fifteen
Only a natural person who is an Indian resident can form one
No minimum capital
Name ends with OPC Private Limited

Restrictions

One person cannot be member of more than one OPC at the same time
A person cannot be a nominee in more than one OPC
Cannot carry out non-banking financial investment activities
Cannot be formed for charitable purposes under Section 8

Documents required

PAN and Aadhaar of the member and nominee
Passport photographs and address proof
Nominee’s consent to act
Registered office proof with utility bill
Digital signature of the director
Email and mobile number of the member

How we incorporate

DSC and DINThe member and any other director obtain digital signatures and director numbers.
Name approvalPropose and reserve the company name.
File the incorporation formsCompany details, MOA, AOA and nominee consent go to the ROC.
Receive certificate and PANYou receive the CIN with PAN and TAN, then open a bank account.
Start businessFile the commencement declaration and set up statutory records.

Lighter compliance

No annual general meeting required
Board meeting needed at least twice a year with the required gap between them
Annual financial statements and return filed with the ROC
Income tax return and statutory audit
Director KYC every year

Thresholds, fees and rules are set by the Ministry of Corporate Affairs and other regulators and change by notification. We confirm the current position before filing.

How it compares

	Private Ltd	LLP	OPC	Partnership	Proprietorship
Owners	2 to 200 shareholders	2 or more partners	1 member plus nominee	2 or more partners	1 person
Separate legal entity	Yes	Yes	Yes	No	No
Owner liability	Limited to shares	Limited to contribution	Limited to shares	Unlimited	Unlimited
Raising equity	Easy	Limited	Limited	Limited	Not possible
Compliance load	Moderate to high	Moderate	Lower than Pvt Ltd	Low	Very low

Common questions

Can I convert an OPC to a private company?

Yes. You can convert, and some situations require it, such as crossing prescribed limits.

Can an NRI form an OPC?

Residency rules apply. Check the current requirement before applying.

What does the nominee do?

The nominee takes over if the sole member dies or becomes incapacitated.

Is it better than a proprietorship?

It offers limited liability and a separate identity, with more compliance in return.