What is one person company?

OPC stands for the one-person company incorporated by a single person. An OPC company does not require several directors or members. After the enforcement of Section 2(62) of the Company’s Act 2013, a one-person company can be formed with just 1 director and 1 member. It is a form of a company where the compliance requirements are less than that of a private company. To know more visit the website. https://myitronline.com/in/one-person-company/

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