One Person Company (OPC) Price - 4999/- + Govt. Fee Extra

The One Person Company (OPC) was introduced under the Companies Act, 2013 to facilitate entrepreneurs who wish to start and manage a business alone while enjoying the benefits of limited liability and a separate legal entity.

Key Features of an OPC:

Single Member: An OPC can be formed by a single individual, who becomes the sole shareholder of the company. This is a significant advantage over private limited companies and partnerships, which require multiple members.

Separate Legal Entity: Like a private limited company, an OPC is a distinct legal entity separate from its members. This means it can own property, enter into contracts, and be liable for its debts independently of its shareholder.

Limited Liability Protection: The shareholder's liability is limited to their investment in the OPC. Personal assets are protected from business liabilities, unlike in sole proprietorships where personal assets are at risk.

Ease of Incorporation: Setting up an OPC is relatively straightforward and involves fewer regulatory requirements compared to private limited companies.

Continuity of Existence: An OPC continues to exist independently of changes in its ownership or the death of its shareholder. This ensures continuity in business operations.

Multiple Directors: An OPC can have more than one director. While the sole shareholder is the director, additional directors can be appointed to manage the company's affairs more effectively.