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  1. Jun 20, 2024 · OPC - One Person Company is a private company incorporated by one person. Learn about the steps & FAQs for OPC Registration in India.

    • Definition of One Person Company. Section 2(62) of Companies Act defines a one-person company as a company that has only one person as to its member. Furthermore, members of a company are nothing but subscribers to its memorandum of association, or its shareholders.
    • Difference between OPCs and Sole Proprietorships. A sole proprietorship form of business might seem very similar to one-person companies because they both involve a single person owning the business, but they’re actually exist some differences between them.
    • Features of a One Person Company. Here are some general features of a one-person company: Private company: Section 3(1)(c) of the Companies Act says that a single person can form a company for any lawful purpose.
    • Formation of One Person Companies. A single person can form an OPC by subscribing his name to the memorandum of association and fulfilling other requirements prescribed by the Companies Act, 2013.
  2. May 28, 2021 · Learn what a one person company (OPC) is, how it differs from a sole proprietorship, and what are the advantages and obligations of forming and running an OPC in India. Find out the eligibility criteria, nominee, board meetings, financial statements, and other details of OPC.

  3. Jun 20, 2024 · One Person Company. The Companies Act, 2013, introduced the concept of a One Person Company (OPC). An OPC is a hybrid of a sole proprietorship business and a company. An OPC provides a sole proprietor with an opportunity to establish a company. It is considered a private company with limited liability.

    • How to incorporate an OPC?
    • How to inform RoC about change in membership of OPC?
    • Is there any threshold limits for an OPC to mandatorily get converted into either private or public company?
    • How to intimate RoC that the OPC has exceeded the threshold limits and require conversion into private or public company?
  4. Oct 21, 2021 · Learn about the concept of one person company (OPC) under the Companies Act 2013 in India, its advantages, formation, conversion and exemptions. Compare OPC with sole proprietorship and other types of companies.

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  6. One Person Company of sole-proprietor and company form of business has been provided with concessional /relaxed requirements under the Companies Act, 2013. With the implementation of the Companies Act, 2013, a single national person can constitute a Company, under the One Person Company (OPC) concept.