One Person Company allows a single entrepreneur to enjoy corporate status with limited liability. Unlike a sole proprietorship, an OPC is a separate legal entity ideal for freelancers, consultants, and solo business owners who want corporate structure without taking on partners.
Key Benefits
Limited liability - personal assets protected
Separate legal identity
Only one person needed to incorporate and run
Better credibility than sole proprietorship
Can apply for government tenders
Perpetual succession with nominee system
Documents Required
- PAN and Aadhaar of director
- Passport size photograph
- Address proof of director
- Proof of registered office address
- PAN and Aadhaar of nominee
Our Process
Frequently Asked Questions
Can an OPC have more than one director?
Yes. An OPC can have multiple directors but only one shareholder. Maximum 15 directors are allowed.
When must OPC convert to Pvt Ltd?
Mandatory conversion when average annual turnover exceeds Rs.2 crore or paid-up capital exceeds Rs.50 lakhs for 3 consecutive financial years.
Talk to Our Experts
Mon-Sat, 9 AM to 7 PM
