Advantages of One Person Company Registration in India
Low Compliance
An One Person Company has low compliance management responsibilities. Although OPC has to regulate under the compliance of corporate entity but it has less number of compliance as compared to other.
Corporate Legal Entity
With OPC registration, a single owner can also enter the corporate business structure. They can avail the tax benefits given to the registered corporate entities.
Limited Liability Protection
Inspite of being a one person company, the owner enjoys limited liability to the losses bear by company.
Single Ownership
A one person company is regulated by only one director who is also the owner of company. Thus it provides single ownership to the director of OPC.