What is an OPC?
- Single-owner company under Companies Act, 2013 with separate legal identity and limited liability
- Blends ease of sole proprietorship with credibility of a private company
Who Can Form?
- One natural person as sole member + one Nominee (consent required)
- Resident/NRI eligibility permitted (per MCA changes)
- Not available to minor, undischarged insolvent, or person already member of >1 OPC