i just want to know about OPC
what is OPC ?
its specifications
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Companies act 2013
Replies (4)
opc is a type of pvt ltd company in which there is only one shareholder
One Person Company (OPC) in India was introduced to give a boost to entrepreneurs who have great potential to start their own venture by allowing them to create a single person company. Since, no intervention from any third party is seen, it makes it more beneficial. So, if you want to start up your own business, you don’t have to worry about all the complex processes
Its basiçally registered version of sole proprietorship.
One Person Company is a form of Private Limited Company that allows the single person to get entry into corporate world for assuring the added benefits of the wholly owned business.
Read about One Person Company at https://www.legalwiz.in/blogs/incorporation-of-one-person-company-simplified/. Also, subscribe our blog at https://www.legalwiz.in/blogs/ for informative and analytical articles on Commencement of Business, Tax Registrations, Intellectual Properties and other legal services.
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