How to Start an OPC in India?

How to Start an OPC in India? Starting a business on your own can be an exhilarating journey, and when it comes to limiting your liability while enjoying the perks of a corporate entity, registering as a One Person Company…

One Person Company in India under Companies Act 2013

One Person Company under Companies Act 2013 To promote entrepreneurship and provide a platform for individuals to start their businesses, the Indian government introduced the concept of a One Person Company (OPC) under the Companies Act 2013. This innovative concept…

What are the benefits of OPC?

What are the benefits of OPC? The Companies Act 2013 established India's One Person Company (OPC). It benefits one person to own and manage their company and gain the advantages of both a sole proprietorship and a corporation. The Companies…

Why is OPC better than Private Limited?

Why is OPC better than Private Limited? The primary objective of a One Person Company was to encourage entrepreneurship and MSMEs' corporatization. It gives all the benefits of a Private Limited Corporation, such as perpetual succession, being a distinct legal…

What is OPC?

What is OPC? One Person Company registration in India is a concept introduced under the Companies Act 2013. It allows a single individual to incorporate a company and enjoy the benefits of both a sole proprietorship and a company. This…

One Person Company in India, Companies Act 2013

One Person Company in India under Companies Act 2013 To promote entrepreneurship and provide a platform for individuals to start their businesses, the Indian government introduced the concept of a One Person Company registration under the Companies Act 2013. This…