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[cryptohunter]

A solo entrepreneur in India can start a company through the One Person Company structure. This unique entity allows full control while enjoying corporate benefits.

In OPC one person is both shareholder and director, responsible for all decisions. It offers limited liability, protecting personal assets from business debts, and allows independent management.

To begin the sole proprietor obtains a Director Identification Number and a Digital Signature Certificate. The Registrar of Companies approves the company namem and then the entrepreneur proceeds with incorporation, filing the Memorandum of Association and Articles of Association.

 

[Huzaifa Hashmi]

As a solo entrepreneur in India, the One Person Company (OPC) structure is a great way to start a business with full control while still enjoying the benefits of a corporate entity. With an OPC, you’re both the shareholder and the director, which means you make all the decisions. The best part is that it offers limited liability, so your personal assets are protected from any business debts. To get started, you’ll need to obtain a Director Identification Number (DIN) and a Digital Signature Certificate (DSC). After that, you’ll file the necessary documents, like the Memorandum of Association (MOA) and Articles of Association (AOA), and the Registrar of Companies will approve your company name. It’s a simple yet powerful structure for anyone wanting to go solo in the business world