VITTAX - Opc

What is a One Person Company?

A One Person Company (OPC) is a hybrid business structure introduced by the Companies Act, 2013, allowing a single individual to form a company with limited liability — combining the simplicity of a proprietorship with the legal protection and credibility of a company.

Unlike a proprietorship, an OPC is a separate legal entity, its debts are not the owner’s personal debts, and it can own property, enter contracts, and sue or be sued in its own name.

An OPC requires one director and a nominee director. VITTAX assist with DSC, DIN, name approval, SPICe+ incorporation filing, MOA/AOA drafting, PAN, TAN, and post-registration compliance guidance.

An OPC must convert to a Private/Public Limited Company if paid-up share capital exceeds ₹50 Lakhs OR average annual turnover exceeds ₹2 Crores.

Why Choose OPC?

✦ Single-Person Company

✦ Limited Liability

✦ No Co-Founder Needed

Who Should Register an OPC?

✔ Solo Professionals: consultants and freelancers wanting a corporate identity

✔ Independent Practitioners: CAs, doctors, architects, engineers

✔ Solo E-commerce Sellers

✔ NRI Entrepreneurs wanting India business

✔ Proprietorship Upgrade businesses

Incorporation Process & Timeline

Step 1: Name Reservation
1–2 days

Step 2: DSC & Nominee Consent
1 day

Step 3: Document Preparation
1–2 days

Step 4: SPICe+ Filing
1 day

Step 5: Certificate of Incorporation
3–7 working days

Documents Required

For Sole Director/Member

• PAN card, Aadhaar card, Mobile number and mail ID
• Address proof
• Photograph

For Nominee Director

• PAN card and proof documents
• Written consent (INC-3)

Registered Office

• Ownership proof / NOC + rental agreement
• Utility bill

Pricing Plans

BASIC OPC — Incorporation with COI, PAN, TAN

₹4,999

Ideal for: First-time solo entrepreneurs, professionals

✓ Name reservation
✓ DSC (sole director)
✓ MOA + AOA (OPC format)
✓ INC-3 nominee consent
✓ SPICe+ filing
✓ COI + PAN + TAN

VITTAX Fee: ₹4,999 | Govt. Fees: MCA fees + DSC certificate fee (~₹1,500–3,000)

STANDARD OPC — Incorporation + GSTIN + bank letter

₹6,999

Ideal for: Solo consultants, NRI entrepreneurs

✓ Everything in Basic
✓ GSTIN application
✓ Bank account advisory
✓ Post-incorporation call
✓ Compliance calendar

VITTAX Fee: ₹6,999 | Govt. Fees: MCA fees + DSC certificate fee

Frequently Asked Questions

Q: What is the role of the nominee in an OPC?

A: The nominee becomes member only if sole member dies or becomes incapacitated.

Q: Can an OPC have employees?

A: Yes — any number of employees. Restriction is only on members/shareholders.

Q: When must an OPC convert to a Pvt Ltd?

A: When paid-up capital exceeds ₹50 lakh or turnover exceeds ₹2 crore as applicable.

Q: Can a person be member of more than one OPC?

A: No — only one OPC at a time.

Q: Is audit mandatory for OPC?

A: Yes. Proper books and statutory audit every year.

► Register Your OPC and Get Full Legal Protection

VITTAX Makes It Simple

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One Person Company (OPC) Registration