What is One Person Company (OPC)?
A One Person Company (OPC) is a revolutionary business structure introduced under the Companies Act, 2013. It allows a single entrepreneur to incorporate a company and enjoy the benefits of limited liability while maintaining complete control over business operations.
Unlike sole proprietorship where personal and business assets are not separated, OPC creates a distinct legal entity. This means your personal assets are protected from business liabilities, giving you peace of mind while running your venture.
OPC is perfect for freelancers, consultants, professionals, and small business owners who want corporate credibility without the complexity of managing multiple shareholders or partners.