What is a One Person Company (OPC)?

Short answerA One Person Company (OPC) is a company owned by a single person, giving you limited liability and a corporate identity without needing a second shareholder. You name one nominee who takes over if you can’t continue. Only a resident Indian individual can form one.

Single owner + nominee

One member runs and owns it, with a named nominee for continuity.

Resident Indian only

Only a resident Indian individual can incorporate an OPC; it converts to a Pvt Ltd on crossing thresholds.

Talk to CA Vijay R Singh

Considering an OPC for your solo business? You can message him directly, or book a short call to talk through your situation.

This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.

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