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Jun 10, 2025
Incorporation of One Person Company (OPC)
India introduced the concept of a One Person Company (OPC) in the Companies Act, 2013, to help individual entrepreneurs form a company with limited risk and the freedom to work. At one time, starting a new company required more than one person to do so. After introducing OPC, the Indian government made its corporate law match international standards, so a person now has the option to be the only promoter in a private limited company.