The illustrative scenario
A solo consultant planning a second equity investor should discuss a suitable structure before choosing OPC.
This is a planning illustration, not a client story or a promised result. Your transaction facts, entity and applicable rules can produce a different recommendation.
Identify what needs deciding
OPC or proprietorship: separate limited liability from the simplicity of running a solo business.
Selecting a nominee is a continuity arrangement, not a substitute for planning ownership and operational authority.
Write the question in business terms and separate what you know from assumptions. The adviser should explain which missing facts could materially change the proposed approach.
Gather evidence for the decision
Prepare the proposed member and nominee identity records, consent and registered-office evidence.
Build a dated record of the facts and explain any inconsistent records. Keep originals and identify the source of each estimate; forecasts and actual financial results should not be presented as the same thing.
Turn the assessment into an action plan
Check member and nominee eligibility under current MCA rules before drafting the incorporation file.
Price incorporation separately from annual accounts, audit, statutory records and later conversion assistance.
For each action, agree its owner, dependency and completion evidence. Obtain approval before a material decision is implemented and plan for possible requests for additional records.
Check the result and continuing responsibilities
Keep nominee consents, company records and access arrangements together rather than only a certificate.
How will nominee changes and business growth affect future filings?
Review what remains outside the assignment, including future compliance and recordkeeping. Request advice tailored to the actual facts rather than using this illustration as an instruction to file or transact.
How to use this resource
