The One Person Company (OPC) constitution is a strong improvement over the sole proprietorship. It gives a single promoter full control over the company while limiting his/her liability to contributions to the business. Similar to a Company, a OPC is a separate legal entity from its members, offers limited liability protection to its shareholders, has continuity of business and is easy to incorporate. One Person Company is defined in Sub- Section 62 of Section 2 of The Companies Act, 2013, Government of India.
A legally registered company increases the legitimacy of your brand. Customers, Clients, Suppliers and Investors will find it easier to trust your work. An OPC needs to have a nominee designated by its members. The nominee should also be a resident of India.