REGISTRATION OF OPC ( ONE PERSON COMPANY )

Welcome to PRVS BUSINESS, your trusted partner for One Person Company (OPC) Registration Services. An OPC is an innovative business structure introduced under the Companies Act, 2013, catering to solo entrepreneurs seeking to establish a corporate identity while enjoying the benefits of limited liability and simplified compliance.

At PRVS BUSINESS, we simplify the registration process and provide end-to-end support, enabling you to focus on growing your business while we handle the complexities.

Why Register as an OPC?

Registering an OPC provides numerous advantages:

  1. Corporate Recognition: Build a professional image that enhances credibility among customers, vendors, and financial institutions.
  2. Limited Liability Protection: Safeguard your personal assets from business risks and liabilities.
  3. Sole Ownership with Benefits: Enjoy full control over decision-making while benefiting from the corporate framework.
  4. Simplified Compliance: Reduced regulatory requirements compared to other corporate entities.
  5. Access to Debt Financing: Easier access to loans and credit from banks and financial institutions.
  6. Scalability: Convert your OPC into a Private Limited Company when your business grows.

Can an OPC Raise Funds?

Yes, an OPC can raise funds, but with specific restrictions:

  1. Equity Capital:
    • An OPC cannot raise equity funding as it is restricted to a single shareholder.
    • Ownership cannot be diluted or transferred to multiple investors.
  2. Debt Financing:
    • OPCs can raise funds through bank loans, credit facilities, or financial institutions.
  3. Conversion for External Investments:
    • If you wish to raise equity or accommodate multiple investors, you must convert your OPC into a Private Limited Company.

Restrictions on an OPC

While OPCs offer many benefits, they come with certain limitations:

  1. Single Shareholder:
    • OPCs are restricted to one shareholder, limiting the ability to bring in partners or co-owners.
  2. Mandatory Conversion:
    • OPCs must convert to a Private Limited Company if their annual turnover exceeds ₹2 crore or paid-up capital exceeds ₹50 lakh.
  3. Nominee Requirement:
    • A nominee must be appointed during registration. This nominee cannot own or be associated with another OPC.
  4. Restricted Business Activities:
    • OPCs cannot engage in non-banking financial investment activities, such as financial leasing or chit funds.

Who Can Be a Director in an OPC?


    Directors are responsible for managing the company. The following criteria apply:

    1. Natural Persons Only:
      • Only individuals can serve as directors. Entities such as trusts, LLPs, or companies are not eligible.
    2. Minimum Age:
      • Directors must be at least 18 years old.
    3. Residency Requirement:
      • At least one director must be a resident of India (lived in India for at least 182 days in the preceding financial year).
    4. Foreign Nationals:
      • Foreign nationals and NRIs can act as directors, provided at least one director is an Indian resident.
    5. Legal Eligibility:
      • Directors must not be disqualified due to insolvency, unsound mind, or criminal convictions.