An OPC is a single-owner company that offers the benefits of a private limited company—like limited liability, better credibility, and legal recognition—while allowing the owner to control the entire business.
It is ideal for solo entrepreneurs, consultants, and small business owners who want to register a company in their own name.
Personal assets remain safe from business liabilities
The company exists independent of its owner
Builds credibility for loans & investments
Only one shareholder manages the company
Simpler than a Private Limited Company
Fast registration process in 7-10 days
Obtain Digital Signature Certificate and Director Identification Number
Submit name application through MCA portal
Prepare and submit SPICe+ form with required documents
Prepare Memorandum and Articles of Association
Get Certificate of Incorporation along with PAN & TAN
Yes, conversion is possible once turnover crosses ₹2 crore or voluntary conversion after 2 years.
Minors, companies, LLPs, and non-resident Indians cannot incorporate an OPC.
A person can incorporate only one OPC at a time.
Only if the turnover exceeds the prescribed limit or the business involves inter-state transactions. comply with the law and to carry forward losses for future tax benefits.
No, there is no minimum paid-up capital requirement for OPC.
● New Manufacturing Companies: 15% under Section 115BAB
● Minimum Alternate Tax (MAT): 15% on book profits (if applicable)