One Person Company (OPC) is a new concept introduced for the first time in India under Companies Act, 2013. With the introduction of this concept, it is now feasible to start a company having only one person as a member.  It is a considerable shift from existing concept where at least two persons were required to incorporate a company. OPC is best suited for start-up ventures, propriety businesses etc. since it offers a business platform which allows absolute control over all business affairs with limited liability.

The Companies Act, 2013 provides liberal regulatory framework for an OPC to encourage sole-proprietors to corporatize their business.

Key Features:

1. Comprehensive coverage of various issues pertaining to Pre and Post incorporation;
2. Detailed discussion of concepts pertaining to directors, their appointment, resignation, duties, vacation of office, remuneration   of managerial personnel from OPC point of view;
3. Thorough analysis of various topics viz. accounts and audit, management and administration of an OPC including registration of charges, payment of dividend, issue of shares, registers to be maintained and various Forms to be filed;
4. Extensive coverage of regulatory framework provided under the Companies Act, 2013 and Draft Rules for OPC;
5. Coverage of other important related topics like Developing business plan, tax related matters.

Contents:

1. One Person Company :  Introdunction
2. Meaning & Reasons for Starting an OPC
3. Developing a Successful Business Plan.
4. Shares & Related Matters.
5. Directors.
6. Formation of One Company Person.
7. Management & Administration.
8. Payment of Dividends.
9. Accounts & Audit.
10. Conversion of One Company Person
11. Charges.
12. Exemptions & Priviledges to one person Company.
13. Tax Matters & Registration