One Person Company Consultant (OPC)

Overview

S K Nagda & Company is top OPC Consultant in Udaipur Rajasthan. One Person Company (OPC) is generally created when there is only one founder/promoter for the business.

OPC's need to have minimum one person (the member) as director and/or maximum of 15 directors. Companies Act, 2013 has not prescribed any amount as minimum paid-up capital for OPCs.

Only natural persons who are Indian citizens and residents are eligible to form a one person company in India. The sole member of the company has to mention a nominee while registering the company. Such a natural person cannot be a member or nominee of more than one OPC at any point of time. The law prohibits minors to become a member.

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