A One Person Company (OPC) is a unique business structure introduced to support solo entrepreneurs who want to run a business with the benefits of a Private Limited Company but without needing multiple shareholders or directors. It provides limited liability, separate legal status, and better credibility compared to sole proprietorships.
Unlike a Private Limited Company, an OPC has only one owner who has complete decision-making power.
More trust from banks, investors, and clients than sole proprietorships.
Fewer regulatory requirements than a Private Limited Company.