Corpstore
The concept of One Person Company (OPC) was introduced in the Companies Act, 2013 to support entrepreneurs who are capable of starting a corporate form of business to create a single person entity. The main advantages of a OPC is that there can be only one shareholder in a OPC, But for private limited company a minimum of two shareholders are required for incorporation. Similar to a company, OPC is a separate legal entity from it member, provides limited liability to its shareholder, has perpetual succession.