A One Person Company is a type of company that allows a single entrepreneur to own and manage a corporate entity with limited liability.

Any Indian citizen who is at least 18 years old can start an OPC. Foreign nationals are not eligible.

Benefits include limited liability protection, easy compliance compared to private companies, separate legal entity status, and access to funding and loans.

Typically, OPC registration takes about 10 to 15 working days, depending on document readiness and government processing times.

Documents required include identity and address proofs of the director and nominee, proof of registered office, and passport-size photographs.

Yes, the Companies Act mandates that every OPC appoint a nominee who will take over the company in case the sole member dies or becomes incapacitated.

No, OPC can only have one director and one member. It cannot have multiple shareholders.