Benefits Of One Person Company (OPC)
A One Person Company (OPC) is a new concept that has been introduced with the Company’s Act 2013. Before the enforcement of the Companies Act 2013 a single person was not able to establish a company. An OPC has features of a Company and the benefits of the sole proprietorship. Director shall be a natural person who is above 18 years of age.
A OPC can be registered in India under the Companies Act 2013 with just one single member and one Director. The Director and member can also be the same person. Here an individual who may be a resident or Non-resident Indian can register an OPC in India.