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OPC registrations in India jump 20% this year

Business

India's One Person Companies (OPCs) are having a moment—registrations jumped 20% this year, reaching 71,745 by August 31, up from 60,084 in the previous year.
It's a sign that more solo entrepreneurs are making things official and moving beyond informal businesses.

OPCs are growing even faster

The overall number of new companies in India also grew by 10% to hit 19.4 lakh.
But OPCs are growing even faster—they've more than doubled since 2020, thanks to their simple setup (no board needed) and limited liability perks.
A recent Bombay High Court ruling confirmed these protections for OPC owners, which experts say is boosting trust and making it easier for entrepreneurs to raise funds or manage debt.