One Person Company

One person company is one of the recently introduced mode of business entity. Which is introduced by Companies Act 2013.This is similar to sole proprietorship with limited liability.As the name indicates for incorporation of one person company one members is required. OPC provides limited liability protection,separate legal entity.

For incorporating a one person company, it also requires a nominee director in the Memorandum of Association and Article of Association,who will become the director/owner incase the promoter director is disabled