A One Person Company (OPC) lets a single promoter register a limited liability company under the Companies Act, 2063 — combining the simplicity of solo ownership with the legal protection of a corporate structure.
Why Choose an OPC Over a Sole Proprietorship?
A sole proprietorship (firm registration) doesn't separate your personal assets from business liabilities. An OPC does — your personal exposure is limited to your capital contribution, and it carries more credibility with banks and larger clients.
Eligibility & Requirements
- Only one promoter/shareholder, who must be a Nepali citizen
- Minimum authorized capital as prescribed by OCR (lower than standard private limited requirements in most cases)
- A nominee must be named to take over in case of the promoter's incapacity or death
Registration Process
The process mirrors standard private company registration: name reservation on CAMIS, document submission (MOA/AOA, citizenship, NID), fee payment, and certificate issuance — followed by PAN and Ward registration.
Compliance Obligations
OPCs are not exempt from annual statutory audit — under Nepal's audit regime, even a one-person company must appoint an ICAN-licensed auditor and file audited financials every fiscal year.
Company Sathi helps solo founders register and stay compliant as an OPC from day one — get in touch to see if it's the right fit for you.
