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A One Person Company (OPC) pays tax as a domestic company under the Income Tax Act, 2025, which replaced the Income Tax Act, 1961, from 1 April 2026. An OPC may pay tax at 22% under Section 115BAA, which results in an effective tax rate of approximately 25.17% after surcharge and cess. Eligible OPCs may […]
A change of director in an OPC takes place due to resignation, death, disqualification, incapacity, or the appointment of a new director to manage the company. In such cases, the OPC must pass the required resolution and obtain the new director’s consent. Thereafter, Form DIR-12 must be filed with the ROC within 30 days of […]
The GSTN Advisory for OPC Registration, issued in March 2023, is an important update that ensures smooth compliance for One Person Companies under the Goods and Services Tax (GST) system. It helps OPCs complete GST registration on the GST portal and maintain proper compliance with tax authorities. Earlier, many OPCs faced problems during GST registration […]
While many entrepreneurs choose OPC company registration in India for its simplicity, the process does not end with receiving the Certificate of Incorporation (CoI). One of the first and most important compliance requirements is the appointment of an auditor in a One Person Company (OPC). Even though the company has a single owner, the Companies […]
Many business owners prefer to operate independently without involving multiple shareholders. When a single founder manages the entire business, maintaining a multi-member company structure may become unnecessary. In such cases, the conversion of a Private Limited Company into a One Person Company (OPC) allows the business to restructure into a single-owner company under the Companies […]
India’s business landscape has witnessed a surge in solo entrepreneurship, with many founders choosing the flexibility and benefits offered by the One Person Company (OPC) structure. According to Livemint, around 6,281 One Person Companies were incorporated by mid-2025, representing a 26% year-on-year increase. The growing number of incorporations reflects the increasing preference for OPC company […]
A One Person Company (OPC) offers entrepreneurs the freedom to run a business independently. With only one member, the founder can make all decisions, manage operations, and enjoy full ownership. However, this structure also comes with a special legal requirement: appointing a nominee. Form INC-4 is the official document that records any changes related to […]
Form INC-3 is the nominee consent form required for OPC registration under the MCA. It ensures business continuity and legal compliance for solo entrepreneurs.
Register OPC without physical address with residential or virtual office. Complete MCA-compliant process for smooth and legal company registration in India.
Understand OPC registration fees in India, including government charges, professional fees, and factors affecting costs to plan your business setup efficiently.