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To register an OPC in India, the following criteria must be met:

Single Shareholder: Only one person, who must be an Indian citizen and resident, can be the sole shareholder.

Director Requirement: The shareholder can also act as the sole director of the OPC, or another individual may be appointed as the director.

Nominee Appointment: A nominee must be designated to take over the company if the sole shareholder becomes incapacitated or passes away.

Capital Limits: The OPC's authorized capital must not exceed ₹50 lakhs, and its annual turnover should not surpass ₹2 crores.

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Rohan Saharawat

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11mo ago

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