OPC is ruled by the Companies Act, 2013. OPC is required to be registered as per the norms and provisions of the companies act, 2013. The concept of OPC is specially introduced and brought into light for the individual entrepreneurs.
Last Few years Before, OPC came into focus in India to open up the market for individual entrepreneurs. OPC brought a change in traditional formats of business like PVT LTD CO., LLP, and Partnership.
OPC knocked as an opportunity for new entrepreneurs, investors, startups who were trying to establish and expand their business, allowing them the advantages of limited liability, owing separate legal entities, with less tax compliance. Get your business registered as One Person Company Registration with I Connect Financial Solutions.
Thus, this is the most preferred and accepted format under corporate business registration by entrepreneurs, startups, Investors, Businessmen in India, and across India.
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