One Person Company (OPC)

An OPC (One Person Company) is a hybrid structure that combines the benefits of a sole proprietorship with the legal recognition of a private limited company. It is ideal for solo entrepreneurs who want limited liability, better credibility, and easier access to funding.

🔹 Key Features

  • Single Owner, Limited Liability – Protects personal assets from business risks.

  • Corporate Identity – Recognized as a company under the Companies Act, 2013.

  • Separate Legal Entity – Distinct from the individual, ensuring credibility.

  • Easy to Convert – Can be converted into a Private Limited Company as the business grows.

🔹 Process in 5 Simple Steps

  1. Digital Signature (DSC) & Director Identification Number (DIN)

  2. Name approval with MCA (Ministry of Corporate Affairs)

  3. Drafting Memorandum (MOA) & Articles of Association (AOA)

  4. Filing incorporation forms with Registrar of Companies (ROC)

  5. Certificate of Incorporation issued

🔹 Why OPC is Popular

  • Best for startups with a single founder

  • Limited liability without needing partners

  • More trust from investors, banks, and clients

🔹 FAQs

Q1. Can OPC have more than one director?
Yes, it can have up to 15 directors, but only 1 shareholder.

Q2. Can OPC raise funding?
Yes, OPC can raise funding from angel investors, VCs, or by converting to Pvt Ltd.

Scroll to Top