A One Person Company (OPC) is a unique form of business structure introduced under the Companies Act, 2013 which enables a single person to incorporate a private limited company. An OPC combines the benefits of a sole proprietorship with the features of a company such as limited liability, perpetual succession and separate legal entity.
Key Features of One Person Company (OPC):
Single Promoter: Only one person acts as both shareholder and director.
Limited Liability: The liability of the owner is limited to the extent of the share capital.
Nominee Requirement: A nominee must be appointed who will take over in case of the promoter’s death or incapacity.
Separate Legal Identity: The company has its own legal status separate from its owner.
Are you a solo entrepreneur looking to establish a corporate identity with limited liability and greater credibility?
One Person Company (OPC) is your ideal business structure. At The Consultant Guru, we specialize in providing hassle-free One Person Company incorporation services across India, ensuring you can focus on growing your business while we handle the legal formalities.
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