One Person Company

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What is a One Person Company?

An OPC is similar to a private limited company but can have only one shareholder, who is the sole owner of the company. It also requires a nominee, who will take over the company in case the sole owner is incapacitated.

Benefits of One Person Company:

1. Sole Ownership

2. Limited Liability

3. Easy Credit Facilities

4. Smooth Management

5. Easy to incorporate

DOCUMENTS REQUIRED FOR ONE PERSON COMPANY INCORPORATION:
Timeline :- 3-7 Working Days after complete documentation

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