A One Person Company (OPC) is a unique corporate structure introduced in India under the Companies Act, 2013. It allows a single individual to operate a corporate entity with limited liability, combining the benefits of a sole proprietorship with the advantages of a company. OPC is designed to promote entrepreneurship by reducing the compliance burden for a single entrepreneur.

An OPC is a type of company that has only one member and is registered as a separate legal entity. Unlike sole proprietorships, OPCs have a distinct legal identity, which means the company can own assets, incur liabilities, sue, and be sued independently of its owner.

OPC registration provides a streamlined and advantageous route for individual entrepreneurs seeking limited liability and a formal business structure. Proper adherence to registration procedures and compliance obligations is essential to leverage its benefits fully.