OPC
Business & Finance abbreviation · Company Type
| Stands for | One person company |
|---|---|
| Categories | Business & Finance |
OPC stands for One person company, a company type abbreviation.
Indian company form introduced by the Companies Act, 2013 that lets a single individual form a private limited company with limited liability. The name must include "(OPC) Private Limited," and a nominee must be named to take over if the sole member dies or becomes incapacitated.
Example: Rather than stay a sole proprietor, the designer registered "Studio Kavya (OPC) Private Limited."
Usage notes
Rule changes in 2021 allowed non-resident Indians to form OPCs and removed the earlier requirement to convert once paid-up capital or turnover crossed set thresholds. Only natural persons can be members, and one person may not incorporate more than one OPC.
Related abbreviations
More company type abbreviations
- Ltda – Limitada (limited company)
- Ltée – Limitée (limited)
- NL – No liability
- NV – Naamloze vennootschap (public limited company)
- OHG – Offene Handelsgesellschaft (general commercial partnership)
- OOO – Obshchestvo s ogranichennoy otvetstvennostyu (limited liability…
- Oy – Osakeyhtiö (limited company)
- Oyj – Julkinen osakeyhtiö (public limited company)
- PA – Professional association
- PBC – Public benefit corporation
- PC – Professional corporation
- PCL – Public company limited