REGISTRATION OF ONE PERSON COMPANIES (OPC)

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REGISTRATION OF ONE PERSON COMPANIES (OPC)

As the name suggests, One Person Company means the company is having only Single Person as Director and shareholder. One person company is suitable form of replacement of proprietorship established through Shop license (Gumasta).

In an OPC, a single promoter gains full authority over the company thereby, restricting his/her liability towards their contributions to the enterprise. Therefore, the said person will be the sole shareholder and Director.

Benefits of One Person Company Registration

Registering a company offers many benefits. A registered company increases the authenticity of your business. It helps your business in the following ways:

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