dev.eraqusadvisors.com

Home  /  Company Setup  /  One Person Company (OPC)

Company Setup

One Person Company (OPC)

A formal company structure for an eligible single founder.

Single founder

One member, formal company

Limited liability

Separate legal identity

Nominee required

Part of the structure

One member

Eligible solo founder

Limited

Liability framework

Formal

More than a proprietorship

Overview

A formal company for a solo founder

The OPC is aimed at eligible solo founders who want to run a business through a formal company while remaining its only member.

It offers a separate legal identity and a limited liability framework without needing multiple shareholders at the outset. It may suit individual entrepreneurs, consultants, small business owners, and solo founders who want more formality than a sole proprietorship but are not ready for a multi-shareholder company.

Individual entrepreneurs

Consultants

Small business owners

Audience

Who is this for?

Solo founders

Eligible solo founders and individual entrepreneurs.

Limited liability seekers

Consultants and small business owners who want limited liability.

Formal identity

Sole proprietors seeking a formal corporate identity.

The process

What it involves

An OPC can add credibility, legal identity, and limited liability, but it comes with eligibility conditions, nominee requirements, compliance obligations, and future conversion considerations. It should not be chosen just because it looks simple; the business’s future plans should be weighed.

Eraqus helps assess whether an OPC fits, discuss eligibility, prepare nominee documentation, coordinate incorporation, and understand ongoing compliance.

01

Assess whether an OPC fits

02

Discuss eligibility

03

Prepare nominee documentation

04

Coordinate incorporation

05

Understand ongoing compliance

06

Plan for future conversion

Before you begin

Key considerations

01

Eligibility conditions for an OPC.

02

Nominee requirement and documentation.

03

Ongoing compliance obligations.

04

Future conversion if investors or co-founders join.

05

Weighing future plans rather than choosing for apparent simplicity.

After incorporation

Ongoing compliance and the right choice

An OPC can suit a single eligible promoter, but it should be reviewed carefully if the business may later need investors, co-founders, or a broader ownership structure.

Eligibility
Nominee
Ongoing compliance
Future conversion
FAQ

Frequently asked questions

An eligible single promoter who meets the applicable conditions. A nominee is required as part of the structure.

Yes, conversion to another structure is possible. If investors or co-founders are expected, the structure should be planned from the start.

Discuss your requirement with our team

Describe where your business stands and what you plan next. The team will help you understand the structure, documentation, and compliance that fit your situation.

connect@eraqus.com  ·  +91 99588 39399