Benefits of one person company. One person company is a new concept introduced by New Companies Act 2013.

1. BENEFITS OF ONE PERSON COMPANY
Single person can start the company.
Liability of a member is limited.
Minimum No. of Directors required is One.
OPC is treated as Separate Legal Entity from an individual.
No need to arrange AGM during the year.
Business will not come to an end on the death of an
individual person.

2. Opportunity for NRI’s to start up a business through
OPC’s in India.
Small entrepreneurs who are running their businesses
under the proprietorship model could convert to OPCs,
with the benefit of limited liability and none of the
cumbersome compliance requirements.
Process of starting a business getting simpler it could be a
boon for every form of small business.