Entrepreneurs in the initial stage of their business prefer to create OPCs instead of sole proprietorship business because of the advantages that OPCs offer.

The Liability is limited

Under One Person Company registration a company enjoys benefits with the limited liability of its directors according to which there personal assets and funds cannot be used to incur the debt of the company.

One Director

OPC can be formed with just one director who himself can be the shareholder and owner.

One Shareholder

It requires only one shareholder to establish a One Person Company in India. The shareholder should be an Indian resident.

An Immediate Nominee

There should be a nominee who can take the responsibility of the shareholder in extreme case of death or incapacity. The nominee should be an Indian citizen and has to give his/her consent as a nominee of the OPC shareholder.