Documents Required for One person company Registration

ID Proof
(PAN Card)

Address Proof
(Utility Bills / Election ID / Aadhaar Card / Driving License)

Passport Size Photo

Registered Office
(NOC from the owner,Utility Bills,Rental Agreement / Registry Proof / House Tax Receipt)

Minimum Requirements for One person company Registration

One Shareholder

One Director

One Nominee

One Person



Advantages of One person company Registration

Limited Liability Protection to Directors personal assets

Many times startups need to borrow money and take things on credit. In case of normal Partnerships, Partners personal savings and property would be at risk incase business is not able to repay its loans. In a private limited company, only investment in business is lost, personal assets of the directors are safe.

Better image and credibility in Market

In India, OPC is a Private limited company, which is a popular and well known business structure. Corporate Customers, Vendors and Govt. Agencies prefer to deal with Private Limited Company instead of proprietorship firms.

Easy to Manage and Freedom from Compliances

OPC is one of the easiest forms of corporate entities to manage. Very few ROC filing is to be filed with the Registrar of Companies (ROC). No need to conduct Annual General Meeting (AGM) and other regular compliances.

Helps for Testing of Business Model and Enables Funding

The OPC business helps Startup Entrepreneurs to easily test their business model, and upon building a marketable product, they can approach Angel investors, Venture capitalists for funding and easily convert their OPC into multi shareholder Private Limited company.

Complete Control of the Company with a Single Owner

This leads to fast decision making and execution. Yet OPC can appoint as many as 15 directors for administrative functions, without giving any share to them.

Easy to Sell OPC

OPC Company is easy to sell, very less documentation and cost is involved in selling a One Person company.



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