|Definition|| : ||One Person Company
|Category|| : ||Business Companies & Corporations
|Country/Region|| : ||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.