An OPC is an evolved version of a proprietorship firm where the liability of the individual is restricted unlike a traditional sole proprietorship firm.  It is governed by the provisions of Companies Act, 2013.  An OPC enjoys the privilege of a legal individual corporate entity like perpetual succession, own properties on its own name, capacity to sue and be sued, etc.

Who can Form?

Minimum 1 major Individual and a Nominee.



Documents Required

Passport size photographs.
ID Proof : Adhar Card / Driving License / Voter ID Card / Passport.
Address Proof : Bank Statement / Electricity Bill/ Telephone Bill.
Electricity Bill of the proposed Registered Office.
Rent Deed/ Lease Deed / NOC of Owner of the Registered Office premises.



Corporate Personality.
Limited Liability.
Perpetual Succession.
Separate Property.
Capacity to sue.
Flexibility and autonomy.
Preferred more than a Sole Proprietorship by banks for loan considerations.
Can have upto 200 members.



8 -15 Days



( All inclusive )
Additional Amount payable for the states of Punjab, Madhya Pradesh and Kerala.


What All it includes

Name Approval.
Preparations of MOA/ AOA and other documents.
Govt Fee and Stamp Duty.
Certificate of Incorporation.

How it works?


Caparison between Partnership, LLP & Company


Governing Act

Partnership is governed by ‘The Indian Partnership Act, 1932’ and various Rules made there under. Limited Liability Partnership are governed by ‘The Limited Liability Partnership Act, 2008’ and various Rules made there under. Companies are governed by ‘Companies Act, 2013’.

Registration of Business

Registration with Registrar of Firms is optional. Registration with Registrar of LLPs required. Registration with Registrar of Companies required.
Funding Cannot raise capital from VCs and PE firms. Cannot raise capital from VCs and PE firms. Can raise capital from VCs and PE firms. Further the Public Limited companies can also raise funds from people.

Perpetual Succession

It does not have perpetual succession as this depends upon the will of partners. It has perpetual succession and partners may come and go. It has perpetual succession and members may come. and go

Number of Members

Minimum 2 and Maximum 20. Minimum 2 partners and there is no limitation of maximum number of partners. 2 to 200 members in case of Private Company and Minimum 7 members in case of Public Company.

Liability of Partners/Members

Unlimited. Partners are severally and jointly liable for actions of other partners and the firm and liability extend to their personal assets. Limited, to the extent their contribution towards LLP, except in case of intentional fraud or wrongful act of omission or commission by the partner. Generally limited to the amount required to be paid up on each share.

Tax Liability

Income of Partnership is taxed at a Flat rate of 30% plus education cess as applicable. Income of LLP is taxed at a Flat rate of 30% plus education cess as applicable. Income of Company is Taxed at a Flat rate of 30% Plus surcharge as applicable.


By agreement, mutual consent, insolvency, certain contingencies, and by court order. Voluntary or by order of National Company Law Tribunal. Voluntary or by order of National Company Law Tribunal


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