OPC or Sole Proprietorship Here’s an overview of each: OPC (One Person Company): OPC is a legal business structure that allows a single individual to establish a company with limited liability. It provides benefits such as separate legal identity and limited liability protection, meaning the personal assets of the owner are generally protected… Read More »
Statutory company Statutory company: OPC (One Person Company) is not a statutory company. OPC refers to a type of business structure or legal entity recognized in certain jurisdictions, including India. It is a form of company where a single individual can establish a separate legal entity and enjoy limited liability protection similar to a… Read More »
OPC use Pvt. Ltd. OPC use Pvt. Ltd, No, an OPC (One Person Company) cannot use the term “Private Limited” or “Pvt Ltd” in its name. The Companies Act, which governs the formation and operation of companies in many jurisdictions, including India, specifically restricts OPCs from using the term “Private Limited” in their name.… Read More »
Debentures Can OPC Issue Debentures? The concept of OPC, introduced under the Companies Act, 2013 in India, aims to provide sole proprietors a formal structure that separates personal and business liabilities. However, when it comes to raising capital, particularly through issuing debentures, there are specific considerations for OPCs. What are Debentures? Debentures are… Read More »
