One Person Company (OPC) is a firm, business organization and a business entity that is owned & managed by a single person being incorporated & regulated under The Companies Act, 2013 in India. In this format, a single person establishes and manages the company. In an OPC the entrepreneurs have a limited liability and a distinct legal identity. It is a unique business structure that permits a single person to function as a company, giving them the benefits of limited liability while retaining complete control. In an OPC, the individual serves as both the director and shareholder, merging the advantages of a sole proprietorship with the legal protection of a private limited company.
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