One Person Company (OPC)

A One Person Company (OPC) combines most of the benefits of a sole proprietorship and a company form of business. It has only one person as a member who will act in the capacity of a director as well as a shareholder.

OPC is formed as a Private Limited Company.

No. Only an Indian citizen and resident can form a One Person Company

Yes. An individual can start only one 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.

For the above purpose, the term "resident in India" means a person who has stayed in India for a period of not less than one hundred and eighty two days during the immediately preceding one financial year.

Not looking for OPC registration? Click below to find other forms of entity registration :

• Setting up of Proprietary Concern in Bangalore
• Partnership Firms Registration
• Limited Liability Partnerships (LLPs) Registration in Bangalore
• Private Limited Company Registration
• Subsidiary Company Registration in Bangalore
• Setup Branch / Liaison Office in India

Other registration required after OPC registration depending on business :

• GST Registration

• Registration under Karnataka Shops and Establishment Act

• Profession Tax Registration

• MSME | Udyog Aadhaar Registration

• Employee Provident Fund Registration (PF Registration)

• Employee State Insurance Registration (ESI Registration)

• STPI Registration or Non-STPI Registration

• Import Export Code ( IEC)

• Trade License from BBMP