One Person Company (OPC) Incorporation allows a single individual to form a company with limited liability under the Companies Act, 2013. It provides the benefits of a corporate structure, such as limited liability and separate legal identity, while being operated by a sole owner. The company must have one director and one shareholder, who is also the sole owner, and a nominee who takes over in case of the owner’s death or incapacity. The incorporation process involves obtaining a Director Identification Number (DIN), applying for name approval, preparing the Memorandum and Articles of Association, and filing with the Ministry of Corporate Affairs (MCA). It is a suitable option for entrepreneurs who wish to operate with limited liability and maintain full control over their business.
