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The concept of OPC is still in nascent stages, and thus it would not be easy for the entrepreneurs to adopt it so early and to make it a practice. Like other countries http://www.authenticyankeesprostore.com/yankees-chase-headley-jersey/ , India will be able to adopt this trend of business, which would be the most preferred form for the small enterprises and startups. OPC emanates various benefits as follows:
An OPC must have a minimum of one Director. The number of directors may extend up to fifteen Directors. Also, the sole shareholder can himself be the Sole Director.
Basic paper work and less compliance;
Could establish a separate legal entity with one member;
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