OPC
Definition : One Person Company
Category : Business Companies & Corporations
Country/Region : India India
Popularity :

What does OPC mean?

One Person Company (OPC) is a form of business in India, introduced by The Companies Act, 2013, which would allow a firm to be registered with just one shareholder and limited regulatory cost and other requirements. One Person Company means a company which has only one person as a member or shareholder. OPC is a hybrid structure, wherein it combines most of the benefits of a sole proprietorship and a company form of business.

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