Charged defects in 2D materials have emerging applications in quantum technologies such as quantum emitters and quantum computation. Advancement of these technologies requires rational design of ideal defect centers, demanding reliable computation methods for quantitatively accurate prediction of defect properties. We present an accurate, parameter-free and efficient procedure to evaluate quasiparticle defect states and thermodynamic charge transition levels of defects in 2D materials. Importantly, we solve critical issues that stem from the strongly anisotropic screening in 2D materials, that have so far precluded accurate prediction of charge transition levels in these materials. Using this procedure, we investigate various defects in monolayer hexagonal boron nitride (h-BN) for their charge transition levels, stable spin states and optical excitations. We identify CBVN (nitrogen vacancy adjacent to carbon substitution of boron) to be the most promising defect candidate for scalable quantum bit and emitter applications.Two-dimensional (2D) materials such as graphene, hexagonal Boron Nitride (h-BN) and transition metal dichalcogenides exhibit a wide range of remarkable properties at atomic-scale layer thicknesses, holds promise for both conventional and new optoelectronic functionality at drastically reduced dimensions [1][2][3][4][5]. It is well established that point defects play a central role in the properties of bulk 3D semiconductors but their corresponding role in 2D materials is not yet well understood. In particular, the weak screening environment surrounding the defect charge distribution and the strong confinement of wavefunctions due to the atomic-scale thickness could lead to vastly different behavior compared to conventional semiconductors.Defects in 2D materials such as h-BN show promise as polarized and ultra-bright single-photon emitters at room temperature, with potentially better scalability than the long-studied nitrogen-vacancy center(NV) in diamond [6][7][8] for emerging applications in nanophotonics and quantum information.[9] Progress beyond initial experimental demonstration of promising properties requires rational design and development of quantum defects in 2D materials that exhibit high emission rate, long coherence time, single photon purity and stability. Specifically, the promising defects should have the following properties: defect levels should be deep (far from band edges) to avoid resonance with the bulk band edges and thereby exhibit long coherence time; [10,11] opticallyaddressable spin conserving excitations facilitate exploiting spin-selective decays in high-spin defect states, similar to the NV center in diamond; [12][13][14] anisotropic polarization of the defect states in combination with quantum bits could provide a pathway to quantum optical FIG. 1. Left: CBVN defect energy levels in monolayer BN with spin up (up arrow) and spin down (down arrow) channels respectively. The black filled arrows represent occupied states and unfilled arrows represent unoccupied states. ...