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 Company OPC (One Person Company) is a type of business legal structure that allows a single individual to form and operate a company. It is a legal structure entity separate from its owner, providing limited liability protection to the individual while allowing them to have full control over the company’s operations. Here are… Read More »
Business Structure: What OPC Stands For When starting a business, choosing the right business structure is one of the most crucial decisions you’ll make. The structure you choose will impact your company’s liability, taxation, and governance. Among the various business structures available, “OPC” stands for One Person Company—a relatively new and innovative option in… Read More »
Can an OPC Have Shareholders When considering business structures in India, many entrepreneurs find themselves drawn to the One Person Company (OPC) model. Designed for single entrepreneurs seeking limited liability protection, OPCs offer a unique blend of simplicity and legal recognition. However, a common question arises: Can an OPC have shareholders? Understanding OPC Structure An… 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 »
OPC have Subsidiary Company In recent years, One Person Companies (OPCs) have gained popularity as a business structure that allows a single individual to own and operate a company. This model offers various advantages, such as limited liability and simplified compliance. However, a common question arises: Understanding OPCs An OPC is a type of… Read More »
