At VEXAGROW, we help solo entrepreneurs transform their business ideas into fully registered and legally recognized entities. A One Person Company (OPC) is an ideal choice for individuals who want full control over their business operations, while also enjoying the advantages of a corporate structure like limited liability and legal recognition.
A One Person Company is a unique business format that allows a single individual to own and run a company with limited liability protection. Your personal assets remain safe even if your business faces financial challenges. OPCs are perfect for solo founders, consultants, freelancers, or small startups that want to scale with ease.
The OPC registration process, though governed by the Ministry of Corporate Affairs (MCA), becomes effortless with VEXAGROW by your side. Here’s how we simplify it for you:
Name Reservation: We help you select a unique company name and file for approval via the MCA portal using the SPICe+ form.
Document Preparation: Our experts draft essential documents like the Memorandum of Association (MoA) and Articles of Association (AoA).
Identity Verification: We collect and verify ID/address proofs and business address documents.
Filing and Incorporation: We submit your application to the Registrar of Companies (RoC).
Get Certified: Once approved, you receive the Certificate of Incorporation along with PAN & TAN – and you're ready to start business operations.
An OPC is the perfect blend of ownership and protection:
Full Control – You’re the sole decision-maker.
Limited Liability – Your personal wealth stays safe.
Easy Management – Minimal compliance requirements.
Official Legal Status – Improves business credibility.
Survivability – The business continues with a nominated successor.
As per Section 2(62) of the Companies Act, 2013 – a One Person Company is a company with only one person as its member and shareholder. That one individual holds 100% control over the business and its affairs.
Single Ownership: One person is both director and shareholder.
Separate Legal Entity: The OPC can own assets, enter into contracts, sue or be sued in its own name.
Succession Planning: A nominee is pre-designated to ensure business continuity.
Limited Liability: You’re only liable up to the capital invested.
Fewer Formalities: No requirement to conduct AGMs or maintain complex records.
Easy Return Filings: We help you comply with annual ROC filings with ease.
No AGM Requirement: Save time with simplified annual obligations.
Improved Loan Eligibility: Banks trust OPCs more than unregistered firms.
Business Credibility: Enhance trust among customers and investors.
We make your OPC journey seamless:
Expert legal team with end-to-end support
Transparent pricing with no hidden fees
Quick turnaround time for documentation and approval
Post-incorporation support for compliance and setup
At VEXAGROW, we simplify the process of starting and managing a One Person Company—India’s go-to model for solo entrepreneurs. From ensuring compliance to protecting your assets, an OPC offers a perfect blend of independence, security, and legal credibility.
You’re the Boss: As the sole director and shareholder, you take all the decisions without needing approvals from others.
Quick Decision-Making: No boardroom delays—just fast execution based on your vision.
Simple Structure: Fewer legal obligations make running the business easier than most other entities.
Limited Liability Protection: Your personal assets are not at risk even if the business incurs losses.
Separate Legal Identity: The company can own property, enter into contracts, and even sue or be sued in its own name.
Flexible Growth: When your business scales, you can convert your OPC into a Private Limited Company easily.
Professional Image: An OPC registered with the Ministry of Corporate Affairs (MCA) enhances your brand value.
Banking & Loans: Registered entities like OPCs enjoy higher credibility with financial institutions.
Nominee Assurance: In case of death or incapacity, the nominee takes over—ensuring continuity.
At VEXAGROW, we don’t just help you register your OPC—we ensure it stays compliant year after year. Our legal experts manage all mandatory filings, saving you time, stress, and penalties.
| Requirement | Details |
|---|---|
| Annual Return (MGT-7A) | Filed within 60 days after the financial year ends. |
| Financial Statements (AOC-4) | Must be filed within 180 days of the end of the financial year. |
| Income Tax Return (ITR) | Must be filed by 30th September of the following assessment year. |
| Statutory Audit | Required annually by a qualified Chartered Accountant. |
| Board Meeting | At least one meeting every 6 months must be held and documented. |
Hefty Penalties: Late filings or non-submission can lead to significant fines from the MCA or Income Tax Department.
Legal Trouble: Repeated non-compliance may result in legal action or even company dissolution.
Disqualification: The director could be barred from operating any company in the future.
To keep your OPC compliant, VEXAGROW collects and files the following:
Financial Statements – Profit & Loss, Balance Sheet, and Cash Flow
Audit Report – Issued by the appointed CA
Board Meeting Minutes – At least one every six months
MGT-7A Form – Annual performance summary
ITR Acknowledgment – Proof of income tax filing
End-to-end assistance—from registration to yearly compliance
Dedicated experts who understand MCA and Income Tax regulations
Timely reminders, document management, and penalty-free compliance
At VEXAGROW, we simplify the process of incorporating a One Person Company (OPC) by guiding you through all legal requirements—from documents to eligibility. Here’s everything you need to know to get started confidently.
To successfully register your OPC in India, you’ll need to provide documentation for both the applicant and the registered office address:
PAN Card: Mandatory for the sole member (director). Nominee’s PAN is also required.
Identity Proof: Any one – Aadhaar Card, Passport, Voter ID, or Driving License (valid and up-to-date).
Residential Address Proof: Latest utility bill (electricity, water, mobile) or a recent bank statement (not older than 2 months), for both the director and nominee.
Photographs: Recent passport-size photographs of both the primary director and nominee.
If Rented:
Rent Agreement (in English)
No Objection Certificate (NOC) from the property owner
If Owned:
Latest utility bill (electricity, gas, telephone) in the owner’s name
Memorandum of Association (MoA): Defines the company’s purpose and business goals.
Articles of Association (AoA): Details internal rules and company governance structure.
Under the Companies Act, 2013, there are specific conditions to qualify for OPC registration:
Indian Citizenship: The applicant must be an Indian resident (stayed in India for at least 120 days in the last financial year).
Single Shareholder: Only one individual is allowed to incorporate an OPC. Companies, LLPs, or foreign nationals cannot do so.
Nominee Requirement: A nominee must be appointed during registration, who will take over the company if the original member is unable to continue.
Age Limit: Only adults (18 years and above) can form or be part of an OPC.
Capital Requirement: A minimum authorized capital of ₹1 lakh is required, but no minimum paid-up capital is necessary.
One person holds complete control as both the shareholder and director, enabling swift decision-making and business flexibility.
In the event of the founder’s death or incapacity, the nominee director ensures continuity of the business without delays or legal hurdles.
The director must:
Maintain accurate financial records
Ensure timely filing of returns and compliance forms
Operate within the legal framework of the Companies Act, 2013
With VEXAGROW, you don't just register your company—you lay a foundation for business growth. Our team handles document verification, SPICe+ filing, and MCA compliance from start to finish.
Let’s Register Your OPC the Right Way.
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