Register your One Person Company with the help of our Taxteam. We at Taxteam lead the way in providing incorporation services, both online and offline. You can now register your corporation anywhere in India with just one call, email, or message.
A One Person Company (OPC) refers to a company that has only one member. The major purpose of the OPC is to encourage and support emerging entrepreneurs. People consider OPC a private firm. Incorporating your business grants you professional stature, and registering your company's trademark allows you to protect your name and prevent others from using it.
The company will not use members' personal assets for unpaid obligations and is liable through its own resources.
OPCs can be incorporated without any prescribed minimum paid-up capital.
The OPC has its own legal identity, distinct from its owner, and can take legal action in its name.
The OPC enjoys many exemptions and simplified compliance compared to private limited companies.
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