One Person Company
A One Person Company (OPC) is a type of business entity where a single individual can enjoy the benefits of a corporate structure. It offers limited liability protection and perpetual succession, making it a popular choice for small businesses and solo entrepreneurs. With the OPC structure, you can run your business professionally without the need for multiple directors or shareholders.
Enjoy protection against personal liability for the debts of your business.
An OPC is considered a separate legal entity, offering more credibility to your business.
The company continues to exist even if the owner changes or passes away.
OPCs have fewer compliance requirements than other types of companies.
A copy of the PAN card for identification and tax purposes.
Aadhar card for identity verification of the director.
Proof of the company's registered office address.
Recent passport-size photograph of the director.
Provide the complete contact details of the director.
A valid email address for official communication.
A One Person Company (OPC) is a company incorporated by a single individual, offering limited liability protection and separate legal status like a Private Limited Company.
Any individual who is a resident of India and is not a minor can form an OPC. However, a person cannot incorporate more than one OPC.
OPCs offer limited liability, separate legal identity, and easier compliance compared to other types of companies. It also allows sole ownership with full control over the business.
There is no minimum paid-up capital required for starting an OPC, but you can choose a capital amount suitable for your business needs.
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