One Person Company
The Business Structure India Built for the Solo Founder Here is a question worth sitting with for a moment. Why does starting a business in India require two people? For decades that was simply how it worked. A Private Limited Company needed two directors and two shareholders. If you were building something entirely on your own no co-founder, no partner, no second person willing to put their name on documents you were left with unattractive options. Register a sole proprietorship with no legal protection. Find someone to add as a director in name only. Or build a real business on an informal foundation and hope nothing went wrong. The Companies Act of 2013 finally answered that question properly. It created the One Person Company a structure that gives a solo founder everything a Private Limited Company gives, without requiring a second human being to make it happen. This article is written for the founder who is building alone and wants to understand whether an OPC is the ...