One Person Company (OPC) Incorporation

Are you looking to start a business on your own while enjoying legal protection and credibility? A One Person Company (OPC) is the ideal structure for solo entrepreneurs who wish to operate with limited liability and maintain a corporate identity without needing partners or co-founders.

At GlobalTaxTrix, we specialize in helping individuals incorporate their OPCs quickly, efficiently, and in full compliance with India’s Companies Act.

What is a One Person Company (OPC)?

An OPC is a type of company that allows a single individual to operate a corporate entity with limited liability. It offers the advantages of both a sole proprietorship and a private limited company, providing legal protection while enabling complete control.

Why Choose OPC?

  • Limited Liability Protection: Your personal assets are safeguarded—liability is limited to your investment in the business.
  • Full Ownership and Control: As the sole director and shareholder, you have the authority to make all key decisions.
  • Separate Legal Entity: An OPC is legally distinct from its owner, which facilitates better contracts, asset management, and credibility.
  • Ease of Compliance: There are fewer regulations and compliance requirements compared to private limited companies.
  • Ideal for Freelancers, Consultants, and Solo Founders: Perfect for individuals who want to scale their business without immediately adding partners or investors.

OPC Incorporation Process

  1. Name Reservation: We assist you in choosing a unique, legally compliant company name and obtaining approval from the Ministry of Corporate Affairs (MCA).
  2. Digital Signature Certificate (DSC): We help you obtain a DSC, which is required for digitally signing the incorporation documents.
  3. Director Identification Number (DIN): We acquire the DIN for the sole director of the OPC.
  4. Drafting of Memorandum of Association (MOA) and Articles of Association (AOA): Our team drafts these documents tailored to your business objectives.
  5. Filing Incorporation Documents: We handle the submission of all required forms to the MCA, including PAN, TAN, and company registration documents.
  6. Certificate of Incorporation: Once approved, you will receive your official Certificate of Incorporation, along with PAN and TAN.

Eligibility for OPC Incorporation

  • Only Indian citizens and residents of India can incorporate an OPC.
  • The company must have only one shareholder.
  • The shareholder must appoint a nominee to take over the company in case of death or incapacity.
  • The OPC cannot engage in Non-Banking Financial Investment activities or issue shares to the public.

Start Your OPC Today

If you are a solo entrepreneur looking to elevate your business, incorporating an OPC is the smartest choice. Let GlobalTaxTrix manage the legal complexities while you focus on growing your dream.

For more information, please contact us at support@globaltaxtrix.com.