One Person Company

The One Person Company is a significant innovation in corporate structures, providing a robust platform for individual entrepreneurs to operate with the benefits of limited liability and corporate legitimacy. While offering numerous advantages such as ease of formation, control, and enhanced credibility, OPCs also face challenges related to compliance, growth limitations, and regulatory restrictions. As a modern business structure, the OPC holds great promise for fostering entrepreneurship and economic development, especially in environments where supporting small and medium-sized enterprises is crucial.

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About One Person Company:


Section 2(62) of Companies Act defines a one-person company as a company that has only one person as to its member. Furthermore, members of a company are nothing but subscribers to its memorandum of association, or its shareholders. So, an OPC is effectively a company that has only one shareholder as its member. Such companies are generally created when there is only one founder/promoter for the business. Entrepreneurs whose businesses lie in early stages prefer to create OPCs instead of sole proprietorship business because of the several advantages that OPCs offer.

One Person Company is a private limited company comprising of just a single shareholder who is additionally the executive of the company. OPC or One Person Company is an improvement over the customary structure of sole ownership constraining the obligation of the person to the aggregate of his/her capital contribution towards the business. There will be a candidate executive who has no force until the first shareholder/chief is rendered unequipped for maintaining the business eg. Because of death, the incapacity of mind etc. To join an OPC an application must be made to find out the availability of the name of business by applying through Form INC-1. On the off chance that the ideal name is available, at that point such name must be reserved. within 60 days from such reservation INC-2 form which is the application for incorporation must be submitted.




One Person Company


DSC for 1 director

DIN for 1 director

MOA (INC 33)

AOA (INC 34)

Certificate of Incorporation

Company PAN Card and

Company TAN letter




About Public limited company:-

Limited companies are very different from partnerships and sole proprietorship. In these latter business types owners are the business, In contrast, limited companies are owned by shareholders and Run by directors. A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. It’s stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market.




Benefits of OPC:-


Separate legal entity
Protect liability
Separate management for ownership
More credibility.
Helps in expansion.
Nomination provision for continuity of business life.




Documents required for OPC



Copy of PAN Card of owner

Passport size photograph of the owner

Copy of Aadhaar Card/ Voter identity card

Copy of Rent agreement (If rented property)

Electricity/ Water bill (Business Place)

Frequently Asked Questions


This is the first item's accordion body. It is shown by default, until the collapse plugin adds the appropriate classes that we use to style each element. These classes control the overall appearance, as well as the showing and hiding via CSS transitions. You can modify any of this with custom CSS or overriding our default variables. It's also worth noting that just about any HTML can go within the .accordion-body, though the transition does limit overflow.

This is the second item's accordion body. It is hidden by default, until the collapse plugin adds the appropriate classes that we use to style each element. These classes control the overall appearance, as well as the showing and hiding via CSS transitions. You can modify any of this with custom CSS or overriding our default variables. It's also worth noting that just about any HTML can go within the .accordion-body, though the transition does limit overflow.

This is the third item's accordion body. It is hidden by default, until the collapse plugin adds the appropriate classes that we use to style each element. These classes control the overall appearance, as well as the showing and hiding via CSS transitions. You can modify any of this with custom CSS or overriding our default variables. It's also worth noting that just about any HTML can go within the .accordion-body, though the transition does limit overflow.