One Person Company Registration

One Person Company: A Smart Choice for Entrepreneurs

A One Person Company (OPC) is a fantastic business structure that allows a sole entrepreneur to operate a business with the benefits of a limited liability company. It is designed for individuals who want to run their businesses independently while enjoying the protection of personal asset safety.

If you're considering setting up a One Person Company in Delhi, Taxcrafted Solutions is your trusted partner. We provide expert services to help you establish, manage, and optimize your OPC, ensuring it thrives in today's competitive business environment.

Registration Process

Name Approval and Application
Document Preparation (MOA, AOA)
Director Identification Number (DIN)
Filing with MCA
Certificate of Incorporation

Tax Consultation

Income Tax Filing and Returns
GST Registration and Filing
Strategic Tax Planning
TDS Management
Tax Returns Documentation

Comprehensive Business Solutions

From licensing to liquidation, we handle every stage of your business lifecycle.

Ongoing Compliance

Accounting Services & Financial Records
Annual Financial Statements (RoC)
Balance Sheets & Profit/Loss
Annual General Meetings (AGMs)
Statutory Compliance

Licensing & Permits

Business Licenses
RERA Registration
Trademark Registration
Brand & Logo Protection
Intellectual Property Rights

Exit & Liquidation

Company Dissolution Services
Liquidation Process Handling
Companies Act Compliance
Legal Issue Minimization
Seamless Closure Process

Frequently Asked Questions

Common queries about One Person Company (OPC) Registration.

What is a One Person Company (OPC)?

An OPC is a company that has only one person as a member. It provides a single entrepreneur with the benefits of a corporate structure (like limited liability) while eliminating the need for a second partner, unlike a traditional Private Limited Company.

Is a nominee mandatory for OPC registration?

Yes, it is mandatory to appoint a nominee at the time of incorporation. The nominee must be an Indian citizen and a resident of India. They will take over the company in the event of the sole member's death or incapacity.

Can an OPC be converted into a Private Limited Company?

Yes, an OPC can be voluntarily converted into a Private Limited Company after two years from its date of incorporation. However, mandatory conversion applies if the paid-up share capital exceeds ₹50 Lakhs or the average annual turnover exceeds ₹2 Crores.

Can an NRI start an OPC in India?

No, only a natural person who is an Indian citizen and resident in India is eligible to incorporate an OPC. NRIs are not allowed to register One Person Companies.

Is there a minimum capital requirement for OPC?

There is no minimum paid-up capital requirement to start an OPC. You can start with any amount, for example, ₹10,000 or ₹1 Lakh, depending on your business needs.