A One Person Company is a private company with one shareholder and one nominee. You get limited liability and a separate legal entity without finding a second shareholder. It still needs a director resident in India, annual MCA filings and, once you cross the thresholds, a conversion plan into a private limited company.
Who this is for
- Solo founders who want a company, not a proprietorship
- Consultants contracting in a company name
Documents usually needed
- PAN, Aadhaar, photograph, mobile and email of the director and the nominee
- Address proof and a recent utility bill
- Proof of the registered office with NOC
- Digital signature of the director
How Digital Filings handles it
- RUN or SPICe name reservation.
- DSC and director identification.
- File the incorporation form with MOA, AOA and office proof.
- PAN, TAN and the certificate of incorporation are issued together on approval.
Timeline
After DSCs and a clean office proof, approval is often 7 to 15 working days, unless the name or address is queried.
Questions people ask
Can an OPC have only one director?
Yes. The same person can be the sole shareholder and the sole director. A nominee is still mandatory.
Official reference: MCA. Always confirm the live rule on that portal.