One Person Company

Home - One Person Company
Welcome To Bizsolutionwale

One Person Company

An OPC is eligible for the various benefits provided to Small Scale Industries, such as lower interest rates on loans, easy funding from the bank without a security deposit up to a certain limit, and numerous benefits under the Foreign Trade policy. All of these advantages can be a boon to a business in its early years.

Trusted by 900 + Clients
  • With the passing of the Company’s Act in 2013, a novel business structure known as the “One Person Company” was made legal in India. In India, a business can only be incorporated as a One-Person Company if there is only one founder. Before the Companies Act of 2013 was put into effect, an individual could not start a business on their own and call it a company. An OPC possesses characteristics of a company as well as the advantages of a sole proprietorship. In the past, if a person needed to launch a business, the only legal structure that could be used as a sole proprietorship.
  • A single director and a single member are all that are required to establish a company in accordance with the requirements of Section 2 (62) of the Company’s Act 2013. The requirements for a One-Person Company registration in India are less stringent than those for a Private Limited Company registration.
  • Under the provisions of the Companies Act of 2013, it is possible to obtain a One Person Company Registration in India with only a single member and a single Director. It’s possible that the same person could serve as both the Director and a member. An OPC can be registered in India by a single person, regardless of whether or not they are residents of the country.

Start My Registration....

Shopping Cart

Latest Update

Understanding Intellectual Property Rights: A Comprehensive Guide
Skip to content