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One Person Company

Overview
Process
Document Required
Conversion

Document Required

  • Copy of PAN - self attested for director and nominee

  • Copy of Aadhar - self attested for director and nominee

  • Copy of Passport/ Driving License/ Voter ID Card

  • Residential Proof - Copy of Bank Statement/ Bank Passbook/ Electricity Bill/ Mobile Bill/ Telephone Bill not older than 2 months for both director and nominee

  • Rent Agreement

  • Affidavit and consent of the proposed director 

  • Consent of nominee of proposed company

Overview

ONE MAN ARMY


If only you are master of your own business, this option is perfect for you. 


"One Person Company" means a company which has only one person as a member [Companies Act, 2013, section 2(63)]


Compliance requirements are low as compared to pvt ltd company and is best suited for modern business in starting phase.  


There can be more than one director in OPC. 


Only a natural person who is an Indian citizen and resident in India shall be eligible to act as a member and nominee of an OPC.


A person can be member in only one OPC.


A person can become member / nominee in only one OPC at a time. If this condition is violated, should be rectified within 182 days. 

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