One Person Company is a unique concept introduced by the Ministry of Corporate Affairs in order to encourage the small traders and entrepreneurs. With passage of time, the OPC mode of business organisation is all set to become the most preferred form of business organization especially for small entrepreneurs. The One Person Company concept holds a bright future for small traders, entrepreneurs with low risk taking capacity, artisans and other service providers.
A company registered by a single person, in which only one shareholder and Director will be present. Apart from that one nominee has to be appointed.