A One Person Company (OPC) Private Limited is a business structure introduced under the Companies Act, 2013, allowing a single entrepreneur to establish a company with limited liability and a separate legal identity.
It is ideal for solo founders who want the benefits of a private limited company while maintaining full ownership and control. An OPC requires only one director and one nominee, with the nominee stepping in if the owner becomes incapacitated.
An OPC allows a single entrepreneur to incorporate a company under the Companies Act, 2013, combining the flexibility of sole proprietorship with the structure of a company.
It’s best suited for freelancers, consultants, and startup founders who want to operate independently with legal protection.
An OPC allows a single entrepreneur to incorporate a company under the Companies Act, 2013, combining the flexibility of sole proprietorship with the structure of a company.
It’s best suited for freelancers, consultants, and startup founders who want to operate independently with legal protection.
An OPC is a company owned by a single individual, offering limited liability and separate legal status while allowing full control to the owner.
Any Indian citizen and resident (staying in India for at least 120 days in a year) can register an OPC.
It offers limited liability, a separate legal identity, easier funding access, and greater credibility than sole proprietorship.
You must file annual returns (MGT-7A, AOC-4), maintain statutory records, and hold board meetings as required under the Companies Act.
Yes, once your paid-up capital or turnover exceeds the prescribed limits, conversion to a Private Limited Company is mandatory.