One Person Company Registration: A Complete Guide to Starting a Business
Starting a business is a very exciting process but same time it is very challenging journey as well. For entrepreneurs who wish to operate independently while enjoying the benefits of limited liability, One Person Company (OPC) is an excellent option. It introduced under the Companies Act, 2013 in India, OPC allows a single individual to form a company without the need for multiple directors or shareholders. This guide provides a detailed overview of one person company registration, its benefits, process, compliance requirements, and key considerations.