Key Features of One Person Company:
Single Ownership and Management: In an OPC, there is only one shareholder who also serves as the director, consolidating ownership and management under a single individual. This streamlined structure enhances decision-making efficiency and flexibility.

Limited Liability: One of the significant advantages of registering as an OPC is the limited liability it affords to the owner. The individual's liability is restricted to the extent of their capital contribution, safeguarding personal assets from business-related liabilities.

Perpetual Existence: An OPC enjoys perpetual existence, meaning that the death or incapacitation of the sole owner does not affect the continuity of the business. This feature provides long-term sustainability and ease of transferability.

Ease of Compliance: OPCs benefit from simplified compliance requirements compared to larger corporate structures. This includes fewer regulatory filings and a less complex governance framework, making it an attractive option for small-scale entrepreneurs.

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