Name and objects
Name search against companies, LLPs and trade marks, and business objects that match what you will do.
ONE PERSON COMPANY
An OPC gives one founder a company with limited liability and no second shareholder. We handle the name, nominee consent, SPICe+ filing, PAN and TAN in about 8 to 10 working days.
One Person Company
WHAT YOU GET
Many solo founders add a relative as a second shareholder only to meet the two person rule. An OPC removes that need. The nominee takes over only if the member dies or cannot act.
Name search against companies, LLPs and trade marks, and business objects that match what you will do.
Digital signatures, the nominee’s consent in INC-3 and the director appointment.
SPICe+ with e-MOA, e-AOA and AGILE-PRO-S. The certificate arrives with the CIN, PAN and TAN.
REQUIREMENTS AT A GLANCE
These rules come from section 3 of the Companies Act, 2013 and rule 3 of the incorporation rules, as amended in April 2021. Checked 25 Sep 2026.
| Requirement | The rule | In practice |
|---|---|---|
| Member | One natural person who is an Indian citizen, resident or not. | NRIs can form an OPC. Foreign nationals and companies cannot. |
| Nominee | One Indian citizen who consents in Form INC-3. | The nominee can be changed later by filing INC-4. |
| Directors | At least one, and up to 15. | The member is usually the first director. |
| Limit per person | A person can be a member of only one OPC. | The same limit applies to being a nominee. |
| Capital and turnover | No minimum, and no forced conversion since April 2021. | You can convert to a Private Limited company when you add a shareholder. |
| Restricted activity | Cannot carry on non banking financial investment activity. | Cannot be formed or converted into a Section 8 company. |
HOW WE WORK
Our standard timings for a founder in India. NRIs add the time for apostille in their country of residence.
We confirm the business activity, the nominee, the capital and the registered office, then run the name checks.
We file SPICe+ Part A with two name choices. The name must end with (OPC) Private Limited.
We issue the digital signatures and prepare the e-MOA, e-AOA, nominee consent and declarations.
We file SPICe+ Part B with AGILE-PRO-S. The certificate arrives with the CIN, PAN and TAN.
DOCUMENT CHECKLIST
AFTER INCORPORATION
An OPC has lighter rules than a Private Limited company. It does not hold an annual general meeting, and it files a cash flow statement only when the law requires one.
| Obligation | When it is due | Form or record |
|---|---|---|
| First auditor appointed | Within 30 days of incorporation | Board resolution and auditor consent |
| Commencement of business declared | Within 180 days, after the capital reaches the company bank account | INC-20A |
| Board meetings | At least one in each half of the calendar year, 90 days apart. Not needed with a sole director. | Minutes |
| Financial statements filed | Within 180 days of the end of the financial year | AOC-4 |
| Annual return filed | Within 60 days of the date the AGM would have been due | MGT-7A |
| Company income tax return | 31 October, or 30 November where transfer pricing applies | ITR-6 |
| Director KYC | Once every three financial years, by 30 June | DIR-3 KYC |
BUILD THE RIGHT ENGAGEMENT
Since April 2021 an NRI can form an OPC, and the residency rule for the member is gone. You still need an Indian citizen as nominee.
Documents are apostilled in the country where you live. Money sent from abroad for shares is reported to the RBI where it counts as foreign investment.
If you plan to bring in a co founder or investor soon, start as a Private Limited company. Conversion is possible but adds a filing.
Foreign nationals cannot form an OPC. They should look at a Private Limited company or a foreign subsidiary.
Our professional fee is fixed in writing before we start. Government fees and stamp duty are shown separately, at cost.
The fee depends on where the member and nominee live and whether you want the first year compliance calendar included.
YOUR QUESTIONS
Clear expectations make a better engagement.
One Indian citizen, whether resident in India or not. Foreign nationals and companies cannot form an OPC.
Yes. The April 2021 amendment allowed NRIs to form an OPC and removed the residency test for the member.
The nominee becomes the member if the founder dies or cannot contract. The nominee must be an Indian citizen and consents in Form INC-3.
Not any more. Since April 2021 an OPC is no longer forced to convert when it crosses a capital or turnover level.
About 8 to 10 working days from name application to the certificate, for a founder in India.
Yes, at any time. You add at least one more member and director and file the conversion with the ROC.
AOC-4 within 180 days of the year end, MGT-7A, the income tax return and director KYC. The accounts must be audited every year.
LET’S DEFINE THE NEXT STEP
Share what you will do, who your nominee is and where you live. We will confirm the structure, the documents and a fixed fee.
Prefer email? Write to [email protected].
Thank you. Our team will review your enquiry and contact you.
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