How to register a one person company (OPC) in India - eligibility and process?
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Below is a comprehensive legal analysis based on Indian law for your question.
One Person Company under Section 2(62) of Companies Act 2013 requires: single member, nominee consent, minimum Rs. 1 lakh authorized capital, paid-up capital as decided. OPC cannot issue shares to public or have more than 1 member. Process: SPICe+ filing, DSC for director, DIN application, MOA/AOA filing. OPC must convert to private company if paid-up capital exceeds Rs. 50 lakhs or turnover Rs. 2 crores. No OPC can carry out Non-Banking Financial Investment activities.
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