One Person Company (OPC) (OPC) — Glossary

◈Definition

A One Person Company is a company with one member and a nominee mechanism. The 2021 amendments permit eligible Indian citizens including non-resident Indians to form OPCs, remove the old capital and turnover conversion triggers, and permit conversion to private or public company form at any time under the amended rules. Check current MCA rules for the particular application.

◉See also

Private Limited Company (PTC)(PTC)
A private-company form with restrictions under its articles and the Companies Act.
Public Limited Company (PLC)(PLC)
A company permitted to offer shares to the public, subject to stricter governance under the Companies Act.

⬢Related guide

Types of Indian Companies — Private, Public, OPC, Section 8 and More
Private limited is the default, but Indian companies come in many legal forms. Here's a practical guide to the ones you'll encounter on MCA.

Official references and corrections

References explain the underlying rules. They do not certify a particular company, director or CorpIntel record. Check current amendments, notifications and the documents for your situation.

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