What is a One Person Company in India?
Section 2(62) of the Companies Act, 2013 defines a One Person Company as a company with only one person as a member. It gives an eligible solo entrepreneur a separate corporate identity while retaining single-member ownership.
An OPC is different from a sole proprietorship: the company can own property, enter contracts and incur obligations in its own name. Limited liability is not an absolute shield against personal guarantees, fraud or statutory responsibility, so sound governance still matters.
Current-rule note: The 2021 amendment opened OPC incorporation to Indian citizens whether resident in India or otherwise and removed the former mandatory conversion thresholds. Eligibility must still be checked against current rules.




