One Person Company Registration – podospheretechnologies.com

What is One percent Company Registration ?

Key Features

Requirements to OPC Registration

Documents Required

Advantages

DIsadvantages

What is One percent Company Registration ?

One Person Company (OPC) Registration is a legal process through which a single individual can establish a company with limited liability in India. An OPC allows a solo entrepreneur to own and manage a business without needing to share control or ownership with others. This structure combines the benefits of a sole proprietorship and a private limited company, providing the entrepreneur with limited liability protection while maintaining full control over the company.

Key Features of LLP

Single Shareholder

An OPC can have only one shareholder, who is the sole owner of the company.

Limited Liability

The liability of the sole shareholder is limited to the extent of their share capital in the company, protecting personal assets from business liabilities.

Separate Legal Entity

The OPC is a separate legal entity from its owner, meaning it can own property, enter into contracts, and sue or be sued in its own name.

Nominee Director

The sole shareholder must appoint a nominee director in the Memorandum of Association (MoA), who will take over in the event of the original shareholder's death or incapacity.