Service Overview
A company structure that allows a single individual to own and run a company with limited liability, combining sole ownership with corporate benefits like perpetual succession.
Who Needs It / Purpose:
Solo entrepreneurs who want limited liability and a corporate identity without needing additional shareholders/directors.
FAQs:
Q: Can an OPC have more than one director?
A: Only one shareholder is allowed, though additional non-shareholding directors can be appointed.
Q: Is a nominee mandatory?
A: Yes, a nominee must be named to take over in case of the sole member's death or incapacity.