One Person Company

One Person Company (OPC) is a new and innovative concept that allows a single individual to start and run a company with limited liability and full control. OPC is ideal for entrepreneurs who want to enjoy the benefits of both a sole proprietorship and a private limited company, without the hassle of having multiple shareholders or directors. OPC registration is easy, online and fast with our support services. Here are some of the features and advantages of OPC:

Limited liability: The liability of the OPC member is limited to the extent of his/her share capital. This means that the personal assets of the member are not at risk in case of any losses or debts incurred by the OPC.

Full Control: The OPC member is the sole director and shareholder of the company, and has complete authority over the management and operations of the OPC. There is no need to consult or seek approval from any other person or entity.

Legal Identity: The OPC is a separate legal entity from its member, and has its own name, PAN, bank account, and assets. The OPC can enter into contracts, sue and be sued, and own property in its own name.

Tax Benefits: The OPC enjoys various tax benefits under the Income Tax Act, such as lower corporate tax rate, deduction for research and development expenses, and exemption from dividend distribution tax.

Easy Compliance: The OPC has minimal compliance requirements compared to other types of companies. The OPC only needs to file annual returns and financial statements with the Registrar of Companies (ROC), and does not need to hold annual general meetings, board meetings, or appoint auditors.

Perpetual Succession: The OPC has perpetual succession, which means that it continues to exist even if the member dies or becomes incapacitated. The member can nominate a person who will become the new member of the OPC in such an event.

If you are interested in registering an OPC, we can help you with the entire process, from obtaining the digital signature certificate (DSC) and director identification number (DIN) of the member, to filing the name approval and incorporation forms with the ROC. We also provide post-registration services such as PAN and TAN registration, GST registration, bank account opening, and trademark registration. Contact us today and get your OPC registered in no time!