One Person Company (OPC) Registration in India
Start Your Solo Venture with Limited Liability and Full Control
Registering a One Person Company (OPC) is the ideal option for solo entrepreneurs who want the benefits of a private limited company without needing a partner. Under the Companies Act, 2013, OPCs are recognized as separate legal entities with limited liability for their sole member. At Vetri Audit Services Private Limited, we offer end-to-end support for OPC registration in India.
Eligibility Criteria for OPC Registration
To register an OPC in India, the applicant must meet the following conditions:
- Only one individual can be the member and nominee.
- The member must be an Indian citizen and resident in India (i.e., has stayed in India for at least 120 days in the previous financial year).
- The same person cannot incorporate more than one OPC.
- OPC cannot be formed for charitable purposes (i.e., under Section 8 of the Companies Act).
- An OPC cannot carry out Non-Banking Financial Investment activities, including investment in securities of any corporate body.
Documents Required for OPC Incorporation
For the Director/Member:
- PAN Card (mandatory)
- Aadhaar Card
- Passport (for NRIs, if applicable)
- Latest Address Proof (Bank statement, Electricity bill, etc.)
- Passport-size Photograph
- Digital Signature Certificate (DSC)
For Registered Office Address:
- Utility bill (Electricity, Water, Gas - not older than 2 months)
- Rent Agreement (if the property is rented)
- NOC from Property Owner (in case of rented premises)
- Ownership document (if self-owned)
Step-by-Step OPC Registration Process
At Vetri Audit Services, we ensure a smooth and transparent registration experience through the following structured process:
Government & Professional Fees
We offer affordable, all-inclusive packages for OPC registration. Contact us for a customized quote.
Fee Type | Amount (Approx.) |
---|---|
Government Fees | ₹2,000 - ₹6,000 (for capital up to ₹10 lakh) |
Professional/CA/CS Fee | ₹4,000 - ₹15,000+ (depending on complexity and services opted) |
Post-Incorporation Compliance for OPC
- Annual Filing with ROC (Form AOC-4 and MGT-7A)
- Statutory Audit of Financial Statements
- Income Tax Return Filing
- Maintenance of Books of Accounts
- Board Meeting Minutes (at least one meeting every six months)
Mandatory Conversion
If the OPC's:
- Turnover exceeds ₹2 crore, or
- Paid-up capital exceeds ₹50 lakh,
it must mandatorily convert into a Private or Public Limited Company within 6 months.
OPC Registration Timeline
At Vetri Audit Services, a typical OPC registration can be completed within 15-30 working days, depending on:
- Government approvals
- Name availability
- Prompt document submission
We ensure regular follow-ups and proactive updates throughout the process.
Why Choose Vetri Audit Services?
- End-to-End OPC Registration Support
- Experienced Chartered Accountants and CS Professionals
- Transparent Pricing & Fast Processing
- Post-Incorporation Compliance Guidance
- Dedicated Support Team for Every Client