One Person Company (OPC)

A formal company structure for an eligible single founder.

An OPC is designed for eligible solo founders who want to operate through a formal company structure while remaining the single member of the company. It gives the founder a separate legal identity and limited liability framework without requiring multiple shareholders at the start.

This structure may suit individual entrepreneurs, consultants, small business owners, and solo founders who want more formality than a proprietorship but are not yet ready for a multi-shareholder company.

Who is this for?

  • Eligible solo founders and individual entrepreneurs
  • Consultants and small business owners wanting limited liability
  • Proprietors seeking a formal corporate identity

What it involves

An OPC can provide credibility, legal identity, and limited liability. However, it has eligibility conditions, nominee requirements, compliance obligations, and future conversion considerations. A founder should not choose OPC only because it appears simple, the future business plan must be considered.

Eraqus Advisors helps solo promoters understand whether OPC is appropriate, eligibility discussion, nominee documentation, incorporation coordination, and awareness of ongoing compliance.

Key considerations

  • Eligibility conditions for an OPC
  • Nominee requirement and documentation
  • Ongoing compliance obligations
  • Future conversion if investors or co-founders join

Ongoing compliance

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

FAQ

Frequently asked questions

An eligible single promoter who meets the applicable conditions. A nominee is required as part of the structure.
Yes, future conversion to another structure is possible. If you expect investors or co-founders, plan the structure accordingly from the start.

Discuss your requirement with our team

Tell us where your business stands today and what you are planning next. We will help you understand the structure, documentation, and compliance that fit your situation.