All the Benefits of a Pvt Ltd — For Solo Entrepreneurs
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 private limited 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 assists with DSC, DIN, name approval, SPICe+ incorporation filing, MOA/AOA drafting, PAN, TAN, and post-registration compliance guidance.
Single-Person Company
No co-founder needed. One person can own, manage, and run the entire company.
Limited Liability
Personal assets are protected. Business debts are the company's responsibility, not yours.
Corporate Credibility
Registered company name on letterheads, invoices, and contracts builds client trust.
Perpetual Succession
Nominee director takes over in case of the sole member's incapacitation or death — business continues.
Easier Bank Financing
OPCs find it easier to secure loans and credit facilities compared to sole proprietorships.
Solo Professionals
Consultants and freelancers wanting a corporate identity and liability shield.
Independent Practitioners
CAs, doctors, architects, engineers running solo practices who want company-level protection.
Solo E-commerce Sellers
Amazon, Flipkart, or D2C sellers wanting a registered company for credibility and liability cover.
NRI Entrepreneurs
NRIs wanting to establish a business in India as a solo founder with full legal protection.
Proprietorship Upgrades
Sole proprietors looking to upgrade to a corporate structure with limited liability and perpetual succession.
Name Reservation
1–2 DaysProposed OPC name checked for availability and reserved via MCA RUN or SPICe+.
DSC & Nominee Consent
1 DayDigital Signature Certificate for the sole director. Nominee director provides written consent via INC-3.
Document Preparation
1–2 DaysMOA and AOA drafted in OPC format. All director documents verified and compiled for filing.
SPICe+ Filing
1 DayIntegrated incorporation form filed with MCA — includes DIN application, MOA, AOA, and office proof.
Certificate of Incorporation
3–7 Working DaysMCA issues COI with CIN. PAN + TAN are issued simultaneously via SPICe+ linked forms.
Sole Director / Member
Nominee Director
Registered Office
Pricing Plans
Basic OPC
₹4,999 one-time
Incorporation with COI, PAN, TAN
Ideal for: First-time solo entrepreneurs & professionals
Standard OPC
₹6,999 one-time
Incorporation + GSTIN + Bank Letter
Ideal for: Solo consultants & NRI entrepreneurs needing GST and full setup
Frequently Asked Questions
What is the role of the nominee in an OPC?
The nominee becomes a member only if the sole member dies or becomes incapacitated. The nominee has no rights or obligations while the sole member is alive and active — they are essentially a backup owner named at the time of registration.
Can an OPC have employees?
Yes — an OPC can have any number of employees. The restriction of "one person" applies only to members/shareholders, not employees. The company can hire staff, consultants, and contractors like any other registered company.
When must an OPC convert to a Pvt Ltd?
An OPC must mandatorily convert when its paid-up share capital exceeds ₹50 lakhs or its average annual turnover for the last 3 consecutive financial years exceeds ₹2 crores. VITTAX can assist with the conversion process.
Can a person be a member of more than one OPC?
No — a person can be a member (shareholder) of only one OPC at a time. However, the same person can be a nominee in multiple OPCs simultaneously. Violating this rule can result in penalties from the Registrar of Companies.
Is audit mandatory for an OPC?
Yes. An OPC must maintain proper books of accounts and get them audited by a Chartered Accountant every year, regardless of turnover — unlike an LLP which has an audit threshold of ₹40 lakhs. Annual filings include AOC-4 (Financial Statements) and MGT-7A (Annual Return).
⚡ Incorporation Includes
DSC, name reservation, SPICe+, MOA/AOA, INC-3 nominee consent, PAN, TAN & compliance guidance — all handled for you