An OPC is the most modern form of business in India proposed by the Companies Act, 2013 and understand for a-One Person Company.

A forward-thinking idea was launched which promotes the incorporation of micro-businesses and persons with entrepreneurial ideas and to give a boost to entrepreneurs who have high potential to begin their venture by permitting them to build a single person company.

You can easily register one person company under the outlines of the companies Act 2013 and the laws thereto, where it was made viable for a single person company to work as a company without the complexity of having partners. This encourages more people to come forward to commence a business. The OPC is fit for small businesses where the turnover is not likely to cross Rs. 2 Crores. IN OPC Registration it’s important to note that the nominee or the director should be Indian Resident.

Choose OPC because

The following is the eligibility guidelines for OPC Registration in India.

• Can have more than 1 directors, but the shareholder cannot be more than 1.

• Not affected by the death of a member or shift in ownership.

• Effortless to set up and maintain comparatively.

• Restricts the liabilities of its members

• Minimum Paperwork is needed.

• Can work as Stockbroker or Sub-broker

• Not multiple compliances

• No interference from any third party is seen

• Even no person is permitted to incorporate more than 1 one-person company.