OPC(One Person Company)

The concept of One Person Company (OPC) is a new form of business, introduced by The Companies Act, 2013 [No.18 of 2013], thereby enabling Entrepreneur(s) carrying on the business in the Sole-Proprietor form of business to enter into a Corporate Framework.

One Person Company is a hybrid of Sole-Proprietor and Company form of business, it is good  Pvt. Ltd. having only 1 Director and 1 Shareholder.and has been provided with concessional/relaxed requirements under the Act.