An OPC is incorporated as a private limited company, where there is only one member and prohibition in regard to invitation to the public for subscription of the securities of the company.
One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new vistas of business opportunities and particularly spectacular possibilities for sole proprietorship's and entrepreneurs who can enjoy the advantages of limited liability and the benefit of separate legal entity as well.
One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new vistas of business opportunities and particularly spectacular possibilities for sole proprietorship's and entrepreneurs who can enjoy the advantages of limited liability and the benefit of separate legal entity as well.
