Start your business as a corporate entity with a single owner. OPC combines the benefits of a Private Limited Company with full control of a sole entrepreneur.
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OPC is a type of company introduced under the Companies Act, 2013, allowing a single individual to operate a corporate entity with limited liability protection.
| Feature | OPC | Proprietorship | Pvt Ltd |
|---|---|---|---|
| Legal Status | Separate | Not Separate | Separate |
| Liability | Limited | Unlimited | Limited |
| Compliance | Medium | Low | High |
Can OPC have employees?
Yes, OPC can hire employees.
Can OPC convert to Pvt Ltd?
Yes, it can be upgraded as business grows.
Is OPC better than proprietorship?
Yes, for credibility and limited liability.