Similar to other corporate structures, an OPC provides limited liability protection to its sole owner. This means that the owner's personal assets are protected from business liabilities, limiting the risk involved.
As the name suggests, an OPC is owned and controlled by a single individual, known as the sole member or shareholder. This structure allows for streamlined decision-making and operational control without the need for consensus among multiple owners.
An OPC is a separate legal entity from its owner, which means it can enter into contracts, own assets, and incur liabilities in its own name. This separation provides credibility and protects the owner's personal assets.
An OPC has perpetual succession, meaning its existence is not affected by changes in ownership due to the death or incapacity of the sole member. This ensures continuity of the business and simplifies estate planning.
Directors and Shareholders PAN Card Details.
Directors and Shareholders Aadhaar Card Details.
The most recent property tax bill or utility bill (electricity, phone, gas, and water) for the registered office address.
The most recent passport-size photos of each director and shareholder.
Directors and Shareholders Mobile Numbers.
Directors and Shareholders Email Address.
* Note : Documents may change as per the requirements.