With the advance of the Company’s Act in 2013, a new concept known as the “One Person Company” was established in India. A single person in India can form a One Person Company. Prior to the OPC Companies Act’s 2013 introduction, only two people could create a business. An OPC combines the advantages of a […]
Tag: OPC
One Person Company Registration
One Person Company Registration This structure is most suitable if there is a single promoter or founder. It is important to understand that only a natural person can form OPC and not any other form unlike in a Private limited company structure. You need one nominee also to form an OPC. You also cannot incorporate […]