One Person Company Registration
Incorporate your one person company (OPC) with a dedicated expert to guide you every step of the way
Your dedicated Chartered Accountant ensures that all these tasks are completed – and this is included in your plan.
From startups to multinationals, Kuvedha is associated with thousands of business owners across India.
You can come to expect candour and transparency. This includes detail on our process. No surprises.
Make payment using your favourite payment method
Connect with our in-house expert within 24 hours
Share the necessary documents over whatsapp or email
Register your one person company within 7 working days
Once you share all the necessary documents, your application will be submitted within 24 hours.
Efficient, reliable, incredible – these are just a few things our customers are saying about us.
FREQUENTLY ASKED QUESTIONS
We address common concerns in our FAQ – but always feel free to reach out with specific questions.
Who can register for an OPC?
OPC company registration can be done only by Indian residents, and that too only one at a time, as per the specifications of the Ministry of Corporate Affairs.
What are the mandatory requirements of an OPC?
All such businesses must maintain books of accounts, comply with statutory audit requirements and submit income tax returns and annual filings with the RoC.
How much capital is required to start an OPC?
There is no difference in capital requirement between an OPC and a private limited company. It needs an authorised capital of ₹1 lakh to begin with, but none of this actually needs to be paid-up. This means that you don’t really need to invest any money into the business.
What are the tax advantages available to an OPC?
No general advantages; though some industry-specific advantages are available. Tax is to be paid at a flat rate of 30% on profits, Dividend distribution tax applies, as does minimum alternate tax.
How much does it cost to run an OPC?
The cost of an OPC is only marginally lower than that of a private limited company. You’ll be shelling out around ₹12,000 to incorporate, then paying around ₹15,000 a year in compliance fees and an auditor to inspect your books.
How many directors can there be in an OPC?
An OPC has certain limitations. The person starting the business is its only director and shareholder. There is also a nominee director, but this person has no power whatsoever for raising equity funds or offering employee stock options. The nominee exists only to take over in case of the death or incapacitation of the director. The nominee is chosen by the director, and can be anyone, such as your spouse, parents or siblings. The nominee will need to provide identity proof during registration.
Can I start more than one OPC at a time?
No, an individual can form only one OPC at a time. This rule applies to the nominee in an OPC, too.