How To Register A One Person Company?
Registering a Company is quick, easy, and can be done online with Numbro in 3 simple steps:
STEP 1
We understand that starting your business alone can be challenging. Our experts provide complete guidance throughout the One Person Company registration process.
STEP 1
We understand that starting your business alone can be challenging. Our experts provide complete guidance throughout the One Person Company registration process.
ONE PERSON COMPANY
One Person Company (OPC)
A One Person Company (OPC) is a business structure introduced under the Companies Act, 2013. It allows a single individual to register a business as both shareholder and director.
Key points:
The sole shareholder can nominate a nominee who would manage the company if the director becomes unavailable.
An OPC must convert into a Private Limited Company if its turnover exceeds ₹2 crores or the paid-up capital exceeds ₹50 lakhs.
This structure is designed to help solo entrepreneurs start and manage their business with a formal legal entity.
Advantages of Registering as a One Person Company
Can raise capital through venture capitalists, financial institutions, angel investors, and other sources.
Limited liability protection up to the value of shares held.
Simplified and minimal compliance requirements.
Single-owner structure reduces the risk of equity dilution.
Private Limited Company
- Start-ups & growing companies
- Very easy to accommodate
- Yes
- Few benefits
- Yes
- High
Limited Liability Partnership
- Professional services firms
- Possible, but unlikely
- Yes
- Most efficient
- Yes
- Low
