One Person Company

Single-member private company — own legal entity with limited liability

Who needs this: Single natural person as sole subscriber and director; cannot have any other member; cannot promote another company

Indicative fees: ₹3,000–₹8,000 (MCA SPICe+ filing free + DSC ₹2,000–₹3,000 + professional fees ₹1,000–₹5,000)

Timeline: 5–7 working days

Documents required

Register account on MCA SPICe+ portal with email and mobile number
Obtain DSC (Digital Signature Certificate) from authorized provider (e-Mudhra, NCODE, etc.) — valid for all MCA filings
Draft Memorandum of Association (MoA) — company objects, jurisdiction, capital structure
Draft Articles of Association (AoA) — internal governance, board powers, meeting procedures
Upload signed MoA and AoA to SPICe+ in PDF format (digitally signed with DSC)
Fill company details: proposed name, authorized capital, registered office address
Upload director PAN, Aadhaar, address proof, bank statement as supporting docs
Pay SPICe+ filing fee (₹0 currently, subject to policy change)
MCA automated system verifies documents within 2–3 working days
Download Digital Certificate of Incorporation (CoI) from SPICe+ dashboard
Open bank account with CoI and director identification proof
Register with GST (Form GST REG-01) if turnover exceeds ₹40 L (goods) or ₹20 L (services)
File Form INC-20A (Commencement of Business) within 30 days to declare business start date
Maintain statutory registers: Register of Members, Register of Directors, Minutes register
File annual forms AOC-4 (balance sheet) and MGT-7 (directors report) by 30 June