One Person Company Registration Online in India

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In India, the concept of a One Person Company (OPC) was introduced under the Companies Act, 2013 to support entrepreneurs who want to venture into business with a single person. OPC allows a single individual to enjoy the benefits of a company structure such as limited liability, separate legal entity, and perpetual succession, without the complexities of involving multiple members.

Benefits of One Person Company
Limited Liability: The personal assets of the owner are protected in case the company faces financial distress or legal issues.
Separate Legal Entity: An OPC is a separate legal entity distinct from its owner. This ensures the company can own property, incur debts, and sue or be sued in its name.
Perpetual Succession: The company continues to exist even after the death or incapacity of the owner, ensuring business continuity.
Ease of Management: With only one person involved in decision-making, management becomes straightforward and efficient.
Increased Credibility: OPCs enjoy better credibility with banks, vendors, and customers compared to sole proprietorships.