Introduction A One Person Company (OPC) is a unique form of business introduced under the Companies Act, 2013, that allows a single individual to enjoy the advantages of a corporate structure. While it simplifies ownership and operations, an OPC is still a legally...
Result Tags
Introduction to trademark registration for OPC
Introduction A One Person Company (OPC) is a business model that allows individual entrepreneurs to operate with the advantages of limited liability and corporate status. As OPCs grow in visibility and reputation, protecting their brand identity becomes essential. One...
Describe how OPCs manage contracts and agreements
Introduction One Person Companies (OPCs) were introduced under the Companies Act, 2013 to provide a legally recognized business structure for individual entrepreneurs. Despite being owned and operated by a single individual, an OPC is considered a separate legal...
Establish the relevance of OPC for consultants and freelancers
Introduction India’s consulting and freelancing economy has witnessed tremendous growth in recent years, powered by the digital revolution, remote work culture, and entrepreneurial enthusiasm. Professionals like IT consultants, marketing strategists, designers, legal...
Explain the limitation on expansion for OPCs
Introduction The One Person Company (OPC) model was introduced under the Companies Act, 2013 to facilitate formal business registration for solo entrepreneurs with limited liability and a corporate identity. It is designed to encourage small-scale enterprise creation...
Define the threshold for mandatory conversion of OPC
Introduction A One Person Company (OPC) is an ideal business structure for individual entrepreneurs seeking limited liability and corporate recognition. However, OPCs are designed to cater to small-scale enterprises with restricted financial and operational limits. To...
Detail the forms required for OPC registration
Introduction Registering a One Person Company (OPC) in India under the Companies Act, 2013 is a structured and streamlined process facilitated through the Ministry of Corporate Affairs (MCA) online portal. Unlike older manual systems, OPC registration now involves a...
Introduction to financial reporting standards applicable to OPC
Introduction Financial reporting is an essential component of corporate governance, ensuring transparency, accountability, and informed decision-making. In India, One Person Companies (OPCs), though simplified in structure, are still considered private companies under...
Describe the steps for change of registered office in OPC
Introduction The registered office of a One Person Company (OPC) serves as its official address for receiving statutory communications, notices, and legal correspondence. Over time, due to operational, strategic, or administrative reasons, an OPC may need to change...
Establish the validity of OPCs in service-based sectors
Introduction India’s service sector is one of the largest contributors to GDP and employment, encompassing a wide range of industries including IT services, consulting, education, healthcare, digital marketing, legal advisory, and freelancing. With the rise in solo...