By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
ApniLawApniLawApniLaw
  • Home
  • Law Forum
  • Find Lawyers
  • Legal Services
  • Legal News
  • Legal Jobs
  • Legal Articles
    • Documentation
    • Marriage and Divorce
    • Land Dispute & Will
    • Civil
    • Criminal
    • Supreme Court
    • High Court
  • Bare Acts
    • BNSS
    • BNS
    • BSA
    • CrPC
    • DPDP
    • Hindu Marriage Act
    • IPC
    • POCSO
Reading: What Are The Legal Requirements For Starting A One-Person Company In India
Share
Notification Show More
Font ResizerAa
ApniLawApniLaw
Font ResizerAa
  • Supreme Court
  • High Court
  • Acts
  • Documentation
  • BNSS
  • Home
  • Law Forum
  • Find Lawyers
  • Legal Services
  • Legal News
  • Legal Jobs
  • Legal Articles
    • Documentation
    • Marriage and Divorce
    • Land Dispute & Will
    • Civil
    • Criminal
    • Supreme Court
    • High Court
  • Bare Acts
    • BNSS
    • BNS
    • BSA
    • CrPC
    • DPDP
    • Hindu Marriage Act
    • IPC
    • POCSO
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
ApniLaw > Blog > Documentation > What Are The Legal Requirements For Starting A One-Person Company In India
Documentation

What Are The Legal Requirements For Starting A One-Person Company In India

Apni Law
Last updated: March 14, 2025 8:53 am
Apni Law
2 years ago
Share
What Are The Legal Requirements For Starting A One-Person Company In India
What Are The Legal Requirements For Starting A One-Person Company In India
SHARE

The concept of a One-Person Company (OPC) was introduced in India through the Companies Act, 2013. This was to encourage small businesses and entrepreneurs to operate as a company. OPC is a hybrid form of a sole proprietorship and a company where only one person is the owner. They are also the shareholder of the company.

Contents
RegistrationsIncorporationConclusion

Here are the legal requirements for starting a One-Person Company in India:

  1. Sole Director and Shareholder: As the name suggests, an OPC can have only one director and shareholder, who can be the same person. The director must also have a valid Director Identification Number (DIN) and a Digital Signature Certificate (DSC).
  2. Resident Indian: The director/shareholder of an OPC must be a resident Indian. A person is considered a resident Indian if they have stayed in India for at least 182 days. This is in the preceding financial year.
  3. Nominee: An OPC must appoint a nominee who will become the director. This is in case the original director/shareholder becomes incapacitated or dies. The nominee must be a resident Indian.

Registrations

  1. Registered Office: The OPC must have a registered office in India. It can be a residential or commercial address. The registered office must be capable of receiving and acknowledging official correspondence.
  2. Minimum Capital: There is no minimum capital requirement to start an OPC. You can start with any amount of capital as per your business needs.
  3. Name Reservation: You must reserve the OPC name with the Registrar of Companies (ROC) using the RUN (Reserve Unique Name) web service.

Incorporation

  1. Incorporation: You can incorporate an OPC online through the Ministry of Corporate Affairs (MCA) portal by filing the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) form.
  2. PAN and TAN: Once the OPC is incorporated, you need to apply for a Permanent Account Number (PAN). One also need to apply for Tax Deduction and Collection Account Number (TAN) with the Income Tax Department.
  3. GST Registration: If your OPC supplies goods or services with an annual turnover exceeding Rs. 20 lakhs, you must register for Goods and Services Tax (GST).
  4. Annual Compliance: The OPC must comply with the annual filing requirements, such as annual returns and financial statements.
  5. Conversion: You can convert an OPC into a private limited company if its paid-up share capital exceeds Rs. 50 lakhs or its average annual turnover exceeds Rs. 2 crores.

Conclusion

The concept of a One-Person Company (OPC) was introduced in India through the Companies Act, 2013 to encourage small businesses and entrepreneurs to operate as a company. OPC is a hybrid form of a sole proprietorship and a company where only one person is the owner and shareholder of the company.

You Might Also Like

How To File For Divorce In India

How To File A Case Under The Income Tax Act?

How To Apply For A Ration Card?

How To Register A Will After Death?

How To Apply For A Disability Certificate In India?

TAGGED:CompanyLegal Requirementsone person company
Share This Article
Facebook Email Print
Previous Article How To File A Case In The National Consumer Disputes Redressal Commission (NCDRC) How To File A Case In The National Consumer Disputes Redressal Commission (NCDRC)
Next Article How To Get A Copy Of An FIR (First Information Report)
2 Comments
  • Pingback: What Are The Legal Requirements For Starting A Public Limited Company In India - ApniLaw
  • Pingback: What Are The Legal Requirements For Starting A Private Limited Company In India - ApniLaw

Leave a Reply Cancel reply

You must be logged in to post a comment.

Follow US

Find US on Social Medias
FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Popular News
Ratan Tata
Delhi High CourtHigh CourtNews

Protect Ratan Tata’s Name from Unauthorized Use: Delhi HC

Amna Kabeer
By Amna Kabeer
5 months ago
Divorce Petition Within One Year Requires Separate Application Under Hindu Marriage Act: Orissa HC
Supreme Court Postpones Hearing On Savukku Shankar’s Plea Against 16 FIRs, Tamil Nadu To Submit Additional Documents
Delhi High Court Interprets Section 531(2)(a) Of BNSS 2023, Emphasises Applicability To Pending Appeals
Supreme Court Acquits Brother-in-law In Dowry Death Case: Emphasizes Need For Clear Evidence Under Section 113B
- Advertisement -
- Advertisement -
Ad imageAd image

Your one-stop destination for legal news, articles, queries, and a directory of lawyers in India – all under one roof at ApniLaw.

Stay Updated

  • BNSS
  • News
  • Documentation
  • Acts
  • Supreme Court
  • High Court

Information

  • ApniLaw Services
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

Advertise

  • Advertise with us
  • Newsletters
  • Deal

Find Us on Socials

ApniLawApniLaw
Follow US
© ApniLaw 2025. All Rights Reserved.
bg-n
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
login
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?