Although launching your own company is an exciting adventure, picking the best business structure is just as crucial. An OPC (One Person Company) is one of the most well-liked and effective choices for independent business owners in India. At Assistfile, we streamline the entire procedure so that you may easily and swiftly register your OPC.
We’ll go over what an OPC is, why it can be a good fit for you, and how Assistfile can help you launch your OPC business in India in this extensive tutorial.
What is an OPC (One Person Company)?
A corporate entity created under the Companies Act of 2013 is known as an OPC, or One Person Company. With limited liability protection, it enables one person to run a corporate company.
Important characteristics:
- Just one shareholder
- Limited protection against liability
- Distinct legal entity from its proprietor
A nominee is needed to take over if a shareholder passes away or becomes incapable.
Benefits of Starting an OPC in India
Limited Liability: Your private assets are safeguarded. Your liability is limited to the amount you invested in the company.
Independent Legal Entity: Your OPC can enter into contracts, own real estate, and create a bank account under its name.
Credibility & Trust: Customers and suppliers are given more trust when an OPC is registered with the Ministry of Corporate Affairs.
Tax Benefits: OPCs are eligible for corporate tax benefits and deductions.
Simple to Manage: Management is simplified when there is only one director and shareholder, who may be the same individual.
Step-by-Step Process to Start an OPC Company in India
At Assistfile, we handle all the paperwork and compliance, but here’s an overview of the process so you know what to expect.
📌 Step 1: Get DSC (Digital Signature Certificate)
A DSC is required to sign documents electronically. Assistfile helps you get your DSC quickly.
📌 Step 2: Obtain DIN (Director Identification Number)
Every director must have a unique DIN, which we’ll apply for as part of your OPC registration.
📌 Step 3: Name Approval
We help you choose a unique name and apply to MCA using the SPICe+ Part A form.
Pro tip: We always suggest 2-3 alternative names to increase the chances of approval.
📌 Step 4: Prepare Documents
Assistfile helps you prepare:
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Nominee’s consent (Form INC-3)
- Director’s declaration and affidavit
- Address proof for the registered office
📌 Step 5: File SPICe+ Form
We file the SPICe+ Part B form, which includes:
- Company incorporation
- PAN & TAN application
- GST (if required)
📌 Step 6: Certificate of Incorporation
Once approved by the Register of Companies (RoC), you’ll get:
- Certificate of Incorporation
- PAN & TAN of the company
Congratulations! Your OPC is now officially registered.
📄 Documents You Need to Start an OPC
- PAN card of the director/shareholder
- Aadhaar card / Passport / Voter ID / Driving license
- Passport-size photograph
- Address proof of the registered office (electricity bill, rent agreement, NOC)
- Consent from the nominee and nominee’s documents
Assistfile handles documentation so you don’t have to worry about missing anything.
💡 Why Choose Assistfile to Start Your OPC?
✅ Expert Consultation: We advise you on the right business structure based on your goals.
✅ End-to-End Process: From DSC to incorporation, we handle it all.
✅ Transparent Pricing: No hidden charges.
✅ Dedicated Support: You get a personal business consultant.
✅ Quick Turnaround: Register your OPC in as fast as 7–10 working days (subject to government approvals).
📈 Post-Incorporation Services We Offer
- GST Registration
- MSME (Udyam) Registration
- Annual compliance filing
- Accounting & bookkeeping
- Trademark registration
- Website and digital branding solutions
Starting a company isn’t just about registration—it’s about growth. Assistfile helps you every step of the way.
🤔 Who Should Start an OPC?
- Solo entrepreneurs
- Freelancers
- Consultants
- E-commerce sellers
- Startups testing the market before adding partners or investors
If you plan to remain a single owner but want corporate benefits, an OPC is ideal.
📝 Important Compliance for OPCs
Even after registration, an OPC must:
- File annual returns with RoC
- Maintain books of accounts
- File income tax returns
- Hold at least one board meeting in each half of the calendar year
Assistfile offers compliance packages so you can focus on running your business.
📌 Things to Remember Before Starting an OPC
- Only an Indian citizen and resident can form an OPC.
- Nominee must also be an Indian citizen and resident.
- OPC can’t carry out non-banking financial investment activities.
- OPC must convert to a private or public limited company if:
- Paid-up share capital exceeds ₹50 lakh, or
- Annual turnover exceeds ₹2 crore.
❓ FAQs About Starting an OPC Company in India
Q1: Can an OPC have more than one director?
✅ Yes. An OPC can have more directors, but only one shareholder.
Q2: Can foreign nationals start an OPC in India?
❌ No. Only Indian citizens and residents can start an OPC.
Q3: How long does it take to register an OPC?
✅ Typically, 7–10 working days, depending on document readiness and government approvals.
Q4: Do I need to visit an office to register?
❌ No. Assistfile offers 100% online registration.
Q5: Can an OPC be converted into a private limited company?
✅ Yes. OPCs must be converted when they cross certain thresholds or voluntarily after two years.
Q6: What is the cost to register an OPC?
💡 It varies based on professional fees and government fees. Contact Assistfile for a transparent quote.
Ready to Start Your OPC? Let Assistfile Help!
Registering an OPC can be easy, fast, and affordable with the right partner.
👉 Contact Assistfile today and get a free consultation on starting your OPC company in India.