The ideal structure for solo entrepreneurs who want limited liability without a second shareholder.
A One Person Company allows a single individual to own and run a company with full limited liability protection. It was introduced by the Companies Act 2013 to encourage solo entrepreneurs to formalize their business. If the sole member dies or is incapacitated, a nominated individual steps in.
Key features of this structure:
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| Document | Required From |
|---|---|
| PAN Card | Owner & Nominee |
| Aadhaar Card | Owner & Nominee |
| Address Proof | Bank statement or utility bill |
| Passport Photo | Owner & Nominee |
| Registered Office Proof | Utility bill + NOC |
| DSC | Owner |
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