Business Setup · Panaji, Goa
Complete One Person Company (OPC) registration in Goa under the Companies Act 2013 — a single-owner company with limited liability and a separate legal identity, incorporated through SPICe+ with a nominee, and since 2021 open to NRIs as well.
Overview
An OPC lets a single entrepreneur run a company with limited liability and corporate credibility — without needing a second shareholder. It requires one member and one nominee (who steps in on the member's death or incapacity), at least one director, and no minimum capital.
The 2021 reforms made the OPC far more attractive: NRIs (Indian citizens) can now incorporate one, the residency requirement was reduced to 120 days, and the mandatory conversion thresholds on capital and turnover were removed, so an OPC can grow freely. We incorporate it through SPICe+. As you scale, it can convert to a private limited company any time.
What's covered
Single-owner company incorporation, end to end.
Get a fixed-fee quote →Setting up the sole member and the required nominee (Form INC-3).
Digital signature and director identification number.
Incorporation with eMOA and eAOA in one form.
Tax registrations and the company current account.
OPC setup for eligible NRI Indian citizens post-2021.
Converting to a private or public company anytime.
Our process
We set up the sole member and nominee consent.
We obtain the DSC, DIN and reserve the name.
We incorporate the OPC with all registrations.
You receive the certificate and start trading.
Frequently asked questions
A One Person Company, defined under Section 2(62) of the Companies Act 2013, is a company with a single member. It gives a solo entrepreneur the benefits of limited liability and a separate legal entity, while requiring only one member and one director.
An OPC can be formed by a natural person who is an Indian citizen. Since the 2021 amendments, NRIs holding Indian citizenship can also incorporate an OPC, and the residency requirement was reduced to 120 days. A person can be a member of only one OPC at a time.
Because an OPC has a single member, the law requires a nominee who will take over the company if the member dies or becomes incapacitated, ensuring continuity. The nominee's consent is filed in Form INC-3, and the nominee must be an eligible individual.
No. There is no minimum capital, and the 2021 reforms removed the earlier rule that forced an OPC to convert once it crossed ₹50 lakh capital or ₹2 crore turnover. An OPC can now grow without any forced conversion.
An OPC needs only one member and one director, whereas a private limited company needs at least two of each. An OPC suits a single founder wanting limited liability, while a private limited company is better where you have co-founders or plan to raise equity.
Yes. Since 2021, an OPC can be converted into a private or public limited company at any time, without the earlier two-year waiting period. We handle the conversion when your business is ready to bring in more shareholders.
Book a free consultation and share your details and nominee. We obtain the DSC, reserve the name and complete the SPICe+ incorporation, on a transparent fee.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll incorporate your One Person Company — no obligation.