CoreCatalyst Ventures LLP empowers solo entrepreneurs and independent business owners to establish a legally recognized entity through One Person Company (OPC) Registration. Tailored for individuals who want the credibility and security of a private limited company without needing partners, OPC is perfect for freelancers, consultants, and first-time entrepreneurs.
Our Services Include:
Company name availability check and reservation via the MCA portal
Assistance with obtaining DSC (Digital Signature Certificate) and DIN (Director Identification Number) for the sole director
Drafting of MoA, AoA, and nominee consent documents
Filing of SPICe+ forms for smooth incorporation
PAN, TAN, and post-incorporation documentation support
Advisory for GST, MSME, and Startup India registrations if required
Turning Conversations into Conversions with Smarter Emails.
Introduced under the Companies Act, 2013, the One Person Company (OPC) framework gives individual entrepreneurs the freedom to start a company with limited liability and separate legal recognition.
Earlier, a single individual could only opt for a sole proprietorship, which lacked strong legal protection. Now, with OPC, a single person can become both shareholder and director while enjoying reduced compliances compared to private limited companies.
Limited Liability & Legal Safeguard
Shields the entrepreneur’s personal assets from business risks.
Liability is limited to the shareholder’s investment.
Better Funding Opportunities
Recognized as a private company, making it easier to attract funding from banks, investors, and incubators.
Simplified Compliance
Exemptions from certain compliances such as filing a cash flow statement.
Sole director can manage and sign key records.
Fast & Easy Incorporation
Requires just one member and one nominee.
No minimum paid-up capital required.
Streamlined Decision-Making
Single ownership ensures quick execution of business decisions.
Government Benefits for MSMEs & Startups
Access to collateral-free loans, priority sector lending, and foreign trade incentives.
Perpetual Succession
A nominee ensures business continuity in case of the owner’s incapacity or demise.
| Requirement | Details |
|---|---|
| Eligibility | Only a natural person (Indian citizen) can incorporate an OPC. |
| Residency | Applicant must have resided in India for at least 182 days in the past year. |
| Authorized Capital | Minimum of ₹1,00,000 as per the company’s capital clause. |
| Nominee Appointment | A nominee must be appointed at the time of registration. |
| Business Restrictions | OPCs cannot engage in financial services like banking, insurance, etc. |
| Mandatory Conversion | Must convert to Pvt Ltd if paid-up capital exceeds ₹50 lakhs or turnover exceeds ₹2 crores. |
| Ownership Limitation | A person can incorporate only one OPC. Minors are not eligible. |
Step 1 – Obtain DSC: Apply for Digital Signature for the proposed director.
Step 2 – Apply for DIN: Director Identification Number via SPICe+ form.
Step 3 – Name Reservation: Reserve company name in the format ABC (OPC) Private Limited.
Step 4 – Prepare Documents: Draft and submit MoA, AoA, nominee consent, and declarations.
Step 5 – Filing with MCA: Upload SPICe+, MoA, and AoA forms digitally signed.
Step 6 – Incorporation Certificate: RoC issues the Certificate of Incorporation with PAN & TAN.
| Compliance | Details |
|---|---|
| Board Meetings | At least one per quarter with 90 days gap between meetings. |
| Bookkeeping | Maintain accurate accounts as per statutory guidelines. |
| Statutory Audit | Financials must be audited annually by a CA. |
| Income Tax Return | File annual ITR, generally by September 30th. |
| Financial Filings | File Form AOC-4 (Financials) and Form MGT-7A (Annual Return). |
