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One Person Company Definition, Features, Formation, and Registration What is OPC? An One Person Company is a type of company established by a single individual, who acts as both the shareholder and the director. Eazybahi Solutions guide you. One Person Company (OPC) was introduced to encourage entrepreneurs who are capable of starting a venture on their own but are deterred by the requirement of having at least two members, as mandated for a private limited company. OPC, as the name suggests, allows a single individual to establish and run a company, thereby providing a distinct legal identity and limited liability protection. Governed by the Companies Act, 2013, OPCs offer a simplified framework for solo entrepreneurs to operate within the corporate structure.