in just ₹1,499 + Govt. Fee

What’s Included?

Registration in 7-10 Business Days

Company PAN and TAN

Company Name Approval

MOA & AOA

Incorporation Certificate

DSC Tokens

DSC Support & Shipping

Digital Signature Certificate

Director’s Identification Number (DIN)

★

First 3 months free + 40% off for the remaining year for Razorpay Business Banking and Payroll

* Effective 15^th July, 2024, DSC charges have increased by ₹ 1,000 per DSC, by the Government. This will be chargeable over and above the given prices.

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4.8

Customer Satisfaction

Everything was structured and organized. The team was very proactive and helpful

Ajay Margad

Avyu Wellbeing

Incorporation process was really good. I had issues with DSC signatures but the team was very proactive and resolved it in no time. I'm really happy would also refer Rize to others in future

Suman Guha

PLC Platform Services

Everything was so so soo smooth and quick. the team you partnered with was very helpful and it was something we did not expect at such low cost. I have referred razorpay to one of my friend and he will also be signing up soon. thanks to the whole team

Archit Vats

Muzzari Global

Thank you #Razorpayrize for getting my OPC incorporated. Patient and persistent and always helpful despite the issues with the portal. Thank you again. #Razorpayrizeincorporation

Krishna

Tarunilakshmi Ventures

I'm really happy with the service, it was very convenient

Venkatesh R

Bluink Fintech

Good experience, Koushik was very responsive and helpful

Anand Bhalve

Secured Front

First of all thanks to Razorpay Rize for providing all the support. Special mention to CS ketki Mirje. She was very cooperative throughout the Process

Nayan Mishra

Zillout Social

Everything was structured and organized. The team was very proactive and helpful

Ajay Margad

Avyu Wellbeing

Incorporation process was really good. I had issues with DSC signatures but the team was very proactive and resolved it in no time. I'm really happy would also refer Rize to others in future

Suman Guha

PLC Platform Services

Archit Vats

Muzzari Global

Thank you #Razorpayrize for getting my OPC incorporated. Patient and persistent and always helpful despite the issues with the portal. Thank you again. #Razorpayrizeincorporation

Krishna

Tarunilakshmi Ventures

I'm really happy with the service, it was very convenient

Venkatesh R

Bluink Fintech

Good experience, Koushik was very responsive and helpful

Anand Bhalve

Secured Front

First of all thanks to Razorpay Rize for providing all the support. Special mention to CS ketki Mirje. She was very cooperative throughout the Process

Nayan Mishra

Zillout Social

Everything was structured and organized. The team was very proactive and helpful

Ajay Margad

Avyu Wellbeing

Incorporation process was really good. I had issues with DSC signatures but the team was very proactive and resolved it in no time. I'm really happy would also refer Rize to others in future

Suman Guha

PLC Platform Services

Archit Vats

Muzzari Global

Thank you #Razorpayrize for getting my OPC incorporated. Patient and persistent and always helpful despite the issues with the portal. Thank you again. #Razorpayrizeincorporation

Krishna

Tarunilakshmi Ventures

I'm really happy with the service, it was very convenient

Venkatesh R

Bluink Fintech

Good experience, Koushik was very responsive and helpful

Anand Bhalve

Secured Front

First of all thanks to Razorpay Rize for providing all the support. Special mention to CS ketki Mirje. She was very cooperative throughout the Process

Nayan Mishra

Zillout Social

One Person Company Registration in India

Name: One Person Company (OPC) Registration Online in India @ ₹1,499 - Razorpay Rize
Brand: Razorpay Rize
Price: 1499 INR
Availability: InStock
Rating: 4.8 (45 reviews)

One Person Company (OPC) involves the features of a Private Limited Company and the benefits of Sole Proprietorship. An OPC provides limited liability protection with fewer compliance requirements.

It requires only one Director and one Nominee for successful formation. It is designed to cater to entrepreneurs and business owners where a single individual owns, operates, and manages the entire business.

Contents

Documents required for registration

Incorporation Process

Compliances & Requirements

Advantages & Disadvantages

Registration Number

Registration Time

Fees

Checklist for Registration

Frequently Asked Questions

Documents Required to Register a One Person Company

Identity Proof and Address Proof
a. Passport/ Aadhar card/ Voter ID/ Driver's License of Directors /Shareholders,
b. PAN card, and
c. Utility bills or Bank Statements as address proof.
Proof of Registered Office
a. If you own the Property, you need any utility bill like an electricity bill or corporation tax receipt not later than 30 days.
b. If you use someone else’s Property, you need a Rental Agreement or No Objection Certificate (NOC).
Memorandum of Association (MOA) and Articles of Association (AOA)
a. MOA outlines the objectives and scope of activities.
b. AOA defines the internal regulations and governance structures.
Declaration and Consent of the proposed Director
a. Form DIR-2 is the official consent to assume the Director role within the prospective company.
b. Form INC- 9 serves as the official declaration
Declaration and Consent of the Nominee
Form INC- 3, along with the PAN card and Aadhar Card, serves as the official consent of the Nominee.

One Person Company Incorporation Process

Sample Documents

SPICe + Part A

Spice + Part B

Agile Pro

INC 9

DIR 2 (Consent to act as a director)

Specimen signature (EPF)

NOC for Company Address

Memorandum of Association (MoA)

Articles of Association (AoA)

Certificate of Incorporation

E-PAN

E-TAN

Egestas ornare
‍
Obtain a Digital Signature Certificate (DSC)
a. A DSC is a digital method of verifying or attesting a document and is often issued with one-year or two-year validity.
b. You can directly approach Government Certifying Agencies for an Aadhar e-KYC-based verification or through the help of supporting documents.
Apply for Name Approval using SPICe+ Part A View 
Part A of the SPICe+ form provides for 'Name Reservation' with two proposed names and one re-submission (RSUB).
Apply for Company Registration using SPICe+ Part B View 
a. Once the name is approved, you can submit the Part B form to the MCA portal along with the following documents:
i. DSC,
ii. SPICe-MoA,
iii. SPICe-AoA,
iv. Declarations from Director and Nominee, and
v. the requisite fee.
Open a Bank Account
You can apply for GSTIN / EPFO/ ESIC/ Profession Tax/ Opening of bank account through AGILE-PRO-S (Form INC- 35).
File for the Commencement of a Business Certificate
You must file for the “Commencement of a Business Certificate” through Form INC-20A within 180 days of the incorporation of the Company.

Searching for a company name?

Check company name availability using our powerful name search tool.

Compliances for One Person Company

Even though there are fewer compliances, fulfilling the provisional requirements of such incorporation is mandatory.

For Directors/ Shareholders

An OPC is required to have at least one Director (shareholder) and can appoint a maximum of 15 Directors. If you wish to exceed this maximum limit, you must formally file a resolution to increase the number of directors allowed.

During OPC Registration, it is mandatory to appoint a nominee.

For One Person Company

Board Meetings
Minimum of two board meetings, with at least one in each half of the year and a minimum of 90 days separating each session.
Filing of Annual Return
File Annual Returns through form MGT-7 at the end of the Financial year.
Filing of Financial Statements
File Financial Statements through form AOC-4 at the end of the Financial year.
Filing of ADT-1
File Form ADT-1 within 15 days of the appointment of the subsequent auditor.
Auditor appointment
Appoint the first auditor within 30 days of incorporation, who will serve until the end of the first Annual General Meeting.
Filing of DIR-3 KYC
File Form DIR-3 KYC to disclose details of the Director before 30th September of the immediate financial year.

These mentioned compliances are just a starting point, and there may be additional requirements specific to your business. Always keep yourself informed about relevant compliances to ensure a hassle-free business operation.

Minimum Capital Requirement

No minimum paid-up capital requirement exists for registering a One Person Company (OPC) in India. However, the minimum authorized capital required is Rs. 1,00,000 (One Lakh).

*As a One-person company has one shareholder, the shareholder has to have at least one share. So, the paid-up capital of the company is at least Rs 1. This is subject to the requirement of the current account.

Tax Rates

The applicable Tax rate to the OPC would be 25% plus cess and surcharge.

The surcharge is charged on the amount of income tax calculated and is ideally 12%.

Health and Education cess at 4% shall also be levied on the amount of income tax plus surcharge (if any).

Advantages and Disadvantages of One Person Company

Advantages

Limited Liability
The OPC's separate legal entity ensures liability is limited to just shares, and you are not personally liable for the loss of the company.
Less Incorporation Compliances
The compliance requirements are fewer with such incorporation than the Private Limited Company or Public Company.
Smooth Management
Like Sole Proprietorship, OPC is owned and managed by a single person, making business management and decision-making much more effortless.
Perpetual Succession
Even with just one member, the OPC has the feature of continuous succession. The nominee chosen while incorporating the OPC often takes over during the unavailability of the sole member.
Availability of Funds
An OPC can secure funds from banks and other financial institutions through debt-based funding options.

Disadvantages

Limited Expansion Opportunities
The structure and features can only benefit a small business. It restricts expansion as no members or shareholders can be added as the company grows.

The OPC also cannot carry out Non-Banking Financial Investment activities, including the investments in securities of any corporates.
Limited Resources
The structure imposes constraints on how the business operates, particularly regarding management and resource allocation. Being primarily led or created by a single individual also narrows down the pool of skills and knowledge compared to other entities.

One Person Company Registration Number

The One Person Company Registration Number, or the Corporate Identification Number (CIN), is a distinctive 21-character alphanumeric code allocated to an OPC when registering with the Registrar of Companies (ROC).

Example of CIN for an OPC: U01403MH2015OPC264485

‍The CIN can be broken down into the following components-

Documentation Errors: Submitting documents with inaccuracies, inconsistencies, or omissions can lead to setbacks.
Name Approval Challenges: Opting for a company name that doesn't comply with naming regulations or is already taken can lead to holdups.
Our website provides a quick Company Name Search feature that can help pre-empt such complications.
MCA Server Glitches: Technical glitches on the MCA website may occasionally surface, causing application submission difficulties or data loss.
Response Time: A time limit is often imposed following name approval, within which you must finalize the registration process. Suppose you are unable to submit your application within this timeframe. In that case, you should make a fresh application for name approval.
Payment Processing Delays: Delays in payment processing can also affect the registration timeline.
Jurisdiction Variability: Distinct jurisdictions encompass varying processing durations and prerequisites that can influence the speed of your application's progress.

How to Get a Registration Number for a One Person Company?

Upon the approval of the SPICe+ Form, you will receive a notification email from the Ministry of Corporate Affairs (MCA), which will include the Certificate of Incorporation (COI), along with the PAN and TAN of the Company. This certificate contains vital information like -

Company Name,
Registration Number,
Date of Incorporation,
Registered Office Address,
Company Structure, etc.

One Person Company Registration Time

It takes approximately 7 to 10 days from the date of submission of documents, subject to approval by the MCA.

Things that Delay a Registration Process

The registration process for a company can be delayed due to various factors. A few examples are-

Documentation Errors or Omissions: Any inaccuracies, discrepancies, or missing documents can cause delays.
Name Approval Challenges: Delays can occur if the chosen company name doesn't meet naming guidelines or is already in use.
Our quick Company Name and Trademark Search can help you avoid such complications and have a seamless company registration process.
Technical Issues on the MCA Website: The MCA website may experience technical glitches or downtime, affecting your application submission.
Response Time: You typically have a limited time to complete registration after name approval; failure to do so may require reapplying for name approval.
Payment Processing Delays: Slow processing can extend the overall OPC registration timeframe.

One Person Company Registration Fees

With Razorpay Rize, the Cost of registration of a One Person Company - Rs. 1,499 + Govt. Fee

*The cost includes-

DSC for One Director and One nominee
DIN for One Director
Certificate of Incorporation
Memorandum of Association (MoA)
Articles of Association (AoA)
PAN
TAN

* Effective 15^th July, 2024, DSC charges have increased by ₹ 1,000 per DSC, by the Government. This will be chargeable over and above the given prices.

Checklist for Registration

A concise checklist to help you streamline the OPC registration process:

Get a Digital Signature Certificate (DSC) for the Director.

Get consent from both the Director and the Nominee.

Draft the e-Memorandum of Association & e-Articles of Association.

Reserve your Company Name.

Apply for registration through the SPICe+ form.

Get a Certificate of Incorporation from the RoC.

Acquire PAN & TAN of your Company.

Get a Current bank account for your Company.

Follow post-incorporation compliances.

FAQs

Can I confirm the registration status of my One Person Company (OPC)?

Yes, you can check your company registration status by following these below steps:

Access the MCA website.
Locate and click on the "MCA Services" section.
Opt for "View Company Master Data."
Input the CIN of your OPC.
Click the "Submit" button to retrieve your company's registration status.

Who can register an OPC in India?

Any Indian citizen or resident can register an OPC, but only one individual is allowed to be the Director and Shareholder of the company.

Here, an Indian resident implies someone who has stayed in India for not less than 182 days during the immediately preceding financial year.

Does Razorpay Rize assist in OPC Registration?

Razorpay Rize can provide a seamless, 100% online company registration process with the lowest professional fees and no hidden charges.

Feel free to explore our services or reach out to us for further information. To start your OPC registration today, click below.

* Effective 15^th July, 2024, DSC charges have increased by ₹ 1,000 per DSC, by the Government. This will be chargeable over and above the given prices.

Is there any threshold limit for an OPC to mandatorily get converted into either a Private or Public company?

If the paid-up share capital of an OPC goes beyond fifty lakh rupees or if its average annual turnover over the past three consecutive financial years exceeds two crore rupees, the OPC must undergo a mandatory conversion into either a private or public company.

Can I convert my OPC into a Private Limited Company?

You can easily convert your OPC into a Private Limited Company by passing a board resolution, amending the MoA and AoA, and intimating these changes to RoC through Form INC-6.

Can I be a nominee for multiple OPCs?

No, you can be a nominee for only one OPC at any given point in time.

What is the difference between OPC and Sole Proprietorship?

The primary difference is that in an OPC, members have limited liability, while in a sole proprietorship, members are personally responsible for all of the business's debts and obligations.

An OPC is a separate legal entity, unlike a sole proprietorship.