What is a One Person Company (OPC)?

The concept of **One Person Company (OPC)** is an inventive concept introduced by the **Companies Act 2013**. It offers a chance for entrepreneurs and micro-businesses to bypass the need for additional partners.

OPC functions as a form of sole proprietorship with a **lone shareholder** taking on the role of its member. It is typically established in scenarios where the business has a solitary founder but requires the stability of a corporate structure.

OPC Advantages Over Sole Proprietorship

• **Distinct Legal Identity:** The company is separate from the founder.
• **Limited Liability:** Protects the shareholder's personal assets.
• **Favorable Tax Rates:** Application of income tax rates akin to Pvt. Ltd. Companies.
• **Corporate Compliance:** Obligatory adherence to company law stipulations (building credibility).

Your Registration Partner: Sujata Associates

Recognizing your apprehensions and circumstances, Sujata Associates remains attuned. With our unwavering commitment to addressing customer concerns as our foremost priority, we ensure your ambitions are realized. OPC presents a pathway for you to realize your business blueprint devoid of the burden of seeking partners.

Guided by our **proficient professionals**, including CAs and legal experts, you will navigate the complex registration process to a successful culmination, ensuring adherence to all company law stipulations.