One Person Company Registration

What is OPC registration?

One Person Company in India is a new concept that has been introduced with the Companies Act 2013. One Person Company in India is incorporated by a single person. Before the enforcement of the Companies Act 2013 a single person was not able to establish a company. An OPC has the features of a Company and the benefits of a sole proprietorship. Earlier if a person had to establish a business then he or she should only opt for a sole proprietorship.

OPC Registration FAQ's

What is an OPC company?

One Person Company in India is a new concept that has been introduced with the Company’s Act 2013. An OPC is owned and managed by a single person, it combines the advantages of a sole proprietorship with those of a company.

What are the benefits of OPC company?

OPCs are easy to set up and manage, require minimal maintenance, and can offer better operational control and taxation benefits. With the ease of registration and low cost of operation, OPCs are the ideal way for small businesses to get started.

Why OPC is better than private limited?

One Person Company (OPC) is the perfect hybrid of a Private Limited Company and a Limited Liability Partnership (LLP). It offers the limited liability benefits of a Pvt Ltd as well as the flexibility of an LLP.

What is a dormant company?

If the annual compliances are not met with, the company becomes a Dormant Company and can be revived later when needed.