Complete Guide to One Person Company Registration in Delhi for Solo Entrepreneurs
One Person Company registration in Delhi is a great option for independent entrepreneurs who want to launch a business with a clear legal identity. Unlike other corporate structures, such as Private Limited Companies, Limited Liability Partnerships, and Public Limited Companies, which require at least two members, an OPC allows a single person to set up and perform the business on their own.
This business form provides significant benefits such as a separate legal personality and perpetual succession, which are not available in a typical proprietorship model. One Person Company registration in Delhi requires only one individual to be both the single member and the company's director, making it a simple yet successful model for solo business entrepreneurs.
However, according to legal regulations, the establishment of an OPC also requires the selection of a nominee a person who will take over the company's operations in the event of the owner's death or incapacity.
Furthermore, with the exception of specified exemptions, all rules applicable to a Private Limited Company also apply to a One Person Company. This promotes operational transparency while allowing single entrepreneurs to handle themself more easily.
