Posted By: Admin Published: 27-12-2025

Starting a business as a solo entrepreneur in India no longer means operating as a sole proprietorship with unlimited liability. The introduction of the One Person Company (OPC) under the Companies Act, 2013 has given individual entrepreneurs a structured, credible, and legally recognized business model. Through One Person Company Registration, a single individual can enjoy the benefits of a corporate entity while retaining complete control over operations.

At Tripathi & Arora Associates, we assist entrepreneurs at every stage—from One Person Company Registration to ongoing statutory compliance, including PAN, TAN, and GST filing. This comprehensive guide explains OPC registration, compliance requirements, and how professional support simplifies the entire process.

What Is a One Person Company (OPC)?

A One Person Company is a type of private company that can be formed with only one member. It combines the simplicity of a sole proprietorship with the legal benefits of a company.

Key Features of OPC

• Single owner and director

• Limited liability protection

• Separate legal entity

• Perpetual succession

• Better credibility than sole proprietorship

With One Person Company Registration, entrepreneurs gain a formal structure that enhances trust among clients, vendors, and financial institutions.

Who Can Apply for One Person Company Registration?

Not everyone is eligible to form an OPC. The Companies Act specifies certain conditions.

Eligibility Criteria

• Only a natural person can incorporate an OPC

• The person must be an Indian citizen and resident

• One person can form only one OPC

• A nominee must be appointed at the time of registration

Understanding eligibility is the first step in a successful One Person Company Registration.

Benefits of One Person Company Registration

Choosing OPC registration offers multiple advantages for solo entrepreneurs.

Limited Liability

The personal assets of the owner are protected against business losses.

Separate Legal Identity

The company exists independently of its owner.

Ease of Ownership

Complete control remains with a single individual.

Higher Credibility

OPCs are perceived as more reliable than unregistered businesses.

Easy Conversion

OPCs can be converted into private or public companies as they grow.

Documents Required for One Person Company Registration

Proper documentation ensures smooth incorporation.

For the Director/Member

• PAN card

• Aadhaar card

• Passport (if applicable)

• Address proof

For the Registered Office

• Utility bill

• Rent agreement or ownership proof

• NOC from the owner

At Tripathi & Arora Associates, we help clients prepare and verify all documents for error-free One Person Company Registration.

Step-by-Step Process of One Person Company Registration

Step 1: Obtain Digital Signature Certificate (DSC)

The director must obtain a DSC for online filing.

Step 2: Apply for Director Identification Number (DIN)

DIN is mandatory for company directors.

Step 3: Name Approval

Apply for company name approval through the MCA portal.

Step 4: Drafting MOA and AOA

These documents define company objectives and rules.

Step 5: Incorporation Filing

Submit incorporation forms with the Registrar of Companies.

Once approved, the company receives a Certificate of Incorporation.

PAN and TAN After One Person Company Registration

After incorporation, obtaining PAN and TAN is mandatory.

PAN (Permanent Account Number)

PAN is required for:

• Income tax filing

• Opening bank accounts

• Financial transactions

TAN (Tax Deduction and Collection Account Number)

TAN is mandatory if the company deducts TDS.

PAN and TAN are often issued automatically after One Person Company Registration, simplifying the process.

GST Registration for One Person Company

GST registration is required if the OPC meets certain criteria.

When Is GST Registration Mandatory?

• Annual turnover exceeds the prescribed limit

• Interstate supply of goods or services

• E-commerce operations

GST registration allows the OPC to legally collect and remit GST.

GST Filing Compliance for OPC

Once registered under GST, regular filings are mandatory.

Common GST Returns

• GSTR-1 (Outward supplies)

• GSTR-3B (Monthly summary)

• Annual GST Return

Timely GST filing ensures compliance and avoids penalties.

Income Tax Compliance for OPC

An OPC is taxed as a private limited company.

Income Tax Requirements

• Filing of ITR

• Advance tax payments

• Tax audit (if applicable)

Tripathi & Arora Associates ensures accurate tax computation and timely filings.

Annual ROC Compliance for OPC

OPCs must comply with annual filing requirements.

Key ROC Filings

• AOC-4 (Financial statements)

• MGT-7A (Annual return)

Failure to comply can attract heavy penalties.

Role of Nominee in OPC

A nominee is mandatory in an OPC.

Purpose of Nominee

• Takes control in case of death or incapacity of the owner

• Ensures continuity

Nominee details are filed during One Person Company Registration.

Conversion of OPC into Private Limited Company

As the business grows, OPCs can be converted.

Conversion Triggers

• Increased turnover

• Addition of shareholders

• Business expansion

Conversion provides more flexibility and growth opportunities.

Common Mistakes to Avoid in OPC Registration and Compliance

• Incorrect document submission

• Ignoring GST compliance

• Delayed ROC filings

• Non-payment of taxes

Professional assistance minimizes these risks.

How Tripathi & Arora Associates Helps

At Tripathi & Arora Associates, we provide end-to-end support for:

• One Person Company Registration

• PAN & TAN application

• GST registration and filing

• Income tax compliance

• ROC annual filings

Our structured approach ensures smooth compliance and peace of mind.

Conclusion

One Person Company Registration is an excellent option for solo entrepreneurs seeking limited liability, credibility, and structured growth. While the registration process is straightforward, ongoing compliance related to PAN, TAN, GST, and ROC filings requires professional attention.

With expert guidance from Tripathi & Arora Associates, entrepreneurs can focus on growing their business while we manage compliance efficiently.

FAQs – One Person Company Registration

Q1. What is One Person Company Registration?

It is the legal process of incorporating a company with a single owner under the Companies Act, 2013.

Q2. Who is eligible for OPC registration?

Only an Indian citizen and resident can register an OPC.

Q3. Is GST mandatory for an OPC?

GST is mandatory if turnover exceeds limits or in certain business scenarios.

Q4. Can OPC have more than one director?

Yes, but only one member is allowed.

Q5. Is PAN mandatory after OPC registration?

Yes, PAN is essential for tax and banking purposes.

Q6. What happens if OPC compliance is not done?

Non-compliance can lead to penalties and legal action.

Q7. Can an OPC be converted into a private company?

Yes, OPCs can be converted as the business grows.

Q8. Is audit mandatory for OPC?

Audit depends on turnover and compliance thresholds.

Q9. How long does One Person Company Registration take?

Typically 7–10 working days, subject to approvals.

Q10. Why choose Tripathi & Arora Associates for OPC registration?

For expert guidance, transparent processes, and end-to-end compliance support.

Other Related Links

• Incorporation Service
• Private Limited Company Registration
• Limited Liability Partnership Company Registration
• One Person Company Registration
• Partnership Company Registration
• Trademark Registration Service
• Income Tax Return Filing Services
• GST Return Filing Services
• FEMA/FDI Services
• Business Registration Solutions
• Accounting And Taxation Services
• Virtual CFO Services
• Secreterial Compliances Services
• Drafting Services