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One Person Company in India is a new concept that has been introduced with the Company's Act 2013. One Person Company in India is incorporated by a single person. Before the enforcement of the Companies Act 2013 a single person was not able to establish a company. An OPC has features of a Company and the benefits of the sole proprietorship. Earlier if a person had to establish a business then he or she should only opt for a sole proprietorship.


A One Person Company Registration in India can be obtained under the Companies Act 2013 with just one single member and one Director.

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Benefit of One Person Company


Distinct Legal Entity A one person company on inception is recognized as an artificial judicial person. An OPC company is a distinct judicial entity. It can purchase its assets or borrow own funds as a distinct judicial body. The shareholders are accountable for the company’s debts only as far as the shares they own.
While incorporating a one person company, a nominee has to be designated by the promoter member. The nominee turns into a member and operates the business in the event of the demise of the member. Thus, a one person company receives the advantage of perpetual succession due to the presence of a nominee.
In a one person company you can easily transfer shares by submitting the signed share transfer forms along with the share certificates.
Being an artificial judicial person, a one person company has the power to buy property under its name and be the owner of the property.
A one person company enjoys the benefit of limited liability. This ensures that a member of an OPC company is liable only for the unpaid amount of shares he/she holds. In case the company defaults, the personal property of the member cannot be liquidated.
Since an OPC company is an artificial judicial entity, it has the power to initiate legal proceedings against another person, just like an individual. Further, it can start a legal proceeding against a company too.
An OPC company enjoys greater credibility amidst lending institutions and vendors as it has to get its books audited yearly.

FAQ of One Person Company


A natural person born in India and residing in India: a)Is eligible to start an OPC company b) Is eligible to be a nominee for the only member of an OPC Company
An individual can be a member of only one OPC.
An OPC company can be set up for any legal purpose. However, an OPC does not have the freedom to be involved in activities that are “Non-Banking Financial Investments” including investment in securities of any other body corporate.
According to the Companies (Incorporation) Rules 2014, an OPC can willingly change to any other form of a company except section 8 companies with charitable objects but it must have completed more than two years since inception.
No, as per the Act the nominee has to be an Indian resident citizen only.
You can convert an OPC company into a Public Limited Company, however you cannot convert a Public Limited Company into an OPC.
An OPC requires at least one person (the member) as a director and it can have a maximum of fifteen directors. However an OPC can appoint more than 15 directors after passing of a special resolution.
You can change your company’s nominee by providing proper intimation and filing the required forms with the registrar of companies.
You can start an OPC with any amount of paid-up capital.
Member

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Partner

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Director

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Director

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Director

Member

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Proprietor

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Director

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Proprietor

Member

Thank to all team members of VMC GROUP your customer support is really like Backbone... Special thanks to "Mr. Kirankumar" 

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Proprietor

Member

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Dinesh Dewada

Proprietor

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Director

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Director

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Director

Member

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Director

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Director

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Director

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Director

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Proprietor

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I am new at incorporation field but VMC GROUP helps me out & I would like to mention especially for Ms Pratibha Varia guided me all through the

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Director

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Proprietor

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Partner

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Proprietor

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CEO

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Partner

Member

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Proprietor

Member

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Proprietor

Member

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Director

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Proprietor

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Proprietor

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My first experience today and it was really a wonderful experience. Quick updates and follow ups considering the criticality of the work, I'm very happy with the services provided Ms Manisha walked me through some of the processing very patiently and kept regular updates. Thank you

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Proprietor

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Partner

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Director

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Partner

Member

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Director

Member

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Director

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Director

Member

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Proprietor

Member

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Director

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Proprietor