| One Person Company registration is a relatively new concept to public and private limited company registration. Before the implementation of the Companies Act 2013, it was a mandatory requirement that a company must have a minimum of two members; in other words, to form a company, two members were required. After implementing the Companies Act 2013, the concept of One Person Company registration came up in which a single person could incorporate a company, who would also be known as the director and the sole member of the firm.
One Person Company, also called OPC, could be easily formed by only one member, unlike a public limited company or private limited company. In this write-up, we will see the One Person Company registration process and the necessary documents required for the incorporation of OPC. |
