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The single-entrepreneur-led One Person Company (OPC) has many features of a private limited company. However, there are some essential differences between the two. If you are thinking of registering a business and confused between a private limited company and a one-person company, then continue reading. In this article, we will talk about OPC vs Private Limited Company to help you understand the differences before making a decision.

The introduction of an OPC through the Companies Act, 2013, was targeted at helping single entrepreneurs register a company. While an OPC offers benefits similar to a private company, it has certain drawbacks too. Hence, the option of converting a One Person Company to a Private Limited Company was kept open.

Presented by the latest Indian Companies Act of 2013, one-man companies (OPCs) are increasingly popular for doing business in almost all economic sectors. The most attractive and outstanding benefits of OPCs in India are listed separately in the section below. Businesses currently run and managed under the proprietorship model can also be easily converted to this in order to reap the great benefits of limited liability. Detailed and exclusive information about registering OPEC in India as per the Companies Act 2013 is given below to help entrepreneurs, professionals, industrialists, and investors.