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FAQs
What is a One Person Company (OPC)?
A One Person Company (OPC) is a business structure that allows a single individual to own and operate a company with limited liability. It is designed for small businesses with a single promoter.
Can foreign nationals or NRIs (Non-Resident Indians) register a Private Limited Company or OPC in a country?
Yes, many countries allow foreign nationals and NRIs to register a Private Limited Company or OPC, subject to specific conditions and regulations..
What are the minimum requirements to register a Private Limited Company and OPC?
For a Private Limited Company, a minimum of two directors and two shareholders are required. For an OPC, only one director and one nominee director are necessary, and the nominee takes over in case of the sole member’s incapacitation.
Can a Private Limited Company or OPC raise funds through an IPO (Initial Public Offering)?
No, neither a Private Limited Company nor an OPC can raise funds through an IPO since their shares are not publicly traded on stock exchanges.