OPCCompany Structure
One Person Company
(OPC)
Definition
A Private Limited Company with a single shareholder and director. Designed for solo entrepreneurs. Files MGT-7A (simplified return) instead of MGT-7. Mandatorily converts to Pvt Ltd once paid-up capital exceeds ₹50 lakhs or turnover crosses ₹2 crore.
Why founders care
Good for freelancers or solo founders who want limited liability without a co-founder. But you'll need to convert to Pvt Ltd if you plan to raise funding or hire significantly.
Related terms
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