One Person Company (OPC) is a company incorporated by a single person. Before the enforcement of the Companies Act, 2013, a single person could not establish a company. One Person Company is the Company which is incorporated by only one person.
In earlier times, NRIs were not permitted to start OPCs. now the common person who is anIndian citizen if residing in India or not will be permitted to form an OPC. For said you have to be an Indian citizen the proposed period of residency is lowered to 120 days from 182 days for NRIs. For better understating of One person company along with all its benefits and limitation contact us to guide you correctly.
