OPC for NRI

As of September 2021, Non-Resident Indians (NRIs) were not eligible to form a One Person Company (OPC) in India. According to the Companies Act, 2013, OPCs can only be formed by resident individuals who are Indian citizens. OPC for NRI not possible in India.

However, please note that regulations and laws are subject to change. It’s recommended to consult with a professional, such as a chartered accountant or company secretary, or refer to the latest guidelines from the Ministry of Corporate Affairs (MCA) or Registrar of Companies (RoC) to get accurate and updated information regarding the eligibility of NRIs to form an OPC in India.

If NRIs wish to establish a business presence in India, they can explore other options such as incorporating a private limited company with multiple shareholders, entering into a partnership with Indian residents, or considering joint venture arrangements. It is advisable to seek professional advice to determine the most suitable business structure based on individual circumstances and legal requirements.