What Is a One Person Company (OPC)?

A One Person Company (OPC) is an Indian private limited company that can be formed and owned by a single individual, under the Companies Act, 2013. It gives a solo founder limited liability and a separate legal entity, while requiring a nominee who takes over if the sole member dies or is incapacitated.

How an OPC works

An OPC has exactly one shareholder, but the company is legally separate from that person.

It is defined in Section 2(62) of the Companies Act, 2013, and registered with the Ministry of Corporate Affairs (MCA). The sole member must name a nominee in the incorporation documents, who steps in if the member dies or cannot act. Only a natural person who is an Indian citizen — resident in India or otherwise — can form an OPC, and a person can incorporate only one OPC at a time. An OPC must convert into a private or public limited company once it crosses the prescribed paid-up capital or turnover thresholds.

Why it matters for a global or India-based founder

For a solo Indian founder, an OPC is the simplest way to get limited liability without taking on a co-founder or partner.

It separates your personal assets from business risk and gives you a real corporate entity for contracts and banking. But an OPC is an India-resident structure, so when you bill US clients you are still invoicing from India and bringing foreign earnings home. That means routing inbound payments — including stablecoins like USDC — through compliant RBI purpose codes rather than a grey-area direct-wallet route. See the FEMA and RBI rules for receiving USDC in India. Founders who want a US-facing entity instead often weigh an OPC against a US LLC; a foreign-owned LLC lets you invoice in USD and get paid like a US business.

Where it fits with StableCorp

StableCorp can onboard your existing OPC or form an Indian Pvt Ltd, Indian LLP, Wyoming LLC, or Delaware C-Corp, and then handle the part that trips up most founders — getting paid. When US clients pay you in USDC or USDT, you off-ramp to INR through approved purpose codes with a clean paper trail, at 1% on a direct off-ramp versus the market's ~2.9% headline plus ~2% hidden FX (around 5% effective). See pricing or how to receive USDC payments from US clients.

This is general information, not legal or tax advice.

Sources