One Person Company

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf business entity type
gptkbp:abbreviation gptkb:OPC
gptkbp:annualCompliance required
gptkbp:annualGeneralMeetingRequired no
gptkbp:annualReturnSignedBy gptkb:film_director
company secretary (if appointed)
gptkbp:auditRequired yes
gptkbp:boardMeetingsRequired at least one in each half of calendar year
gptkbp:canHaveForeignDirectInvestment yes
gptkbp:canIssueShares no
gptkbp:cannotBeFormedBy minor
non-natural person
gptkbp:cannotCarryOut Non-banking financial investment activities
investment in securities of other body corporates
gptkbp:canRaiseFunds yes
gptkbp:canSueAndBeSued yes
gptkbp:compatibleWith Non-profit Company
gptkbp:conversionToOtherCompany after 2 years or threshold limits
gptkbp:convertedTo gptkb:public_company
gptkb:Public_Limited_Company
gptkbp:digitalSignatureRequired yes
gptkbp:directorIdentificationNumberRequired yes
gptkbp:filingOfAnnualReturns required
gptkbp:form gptkb:natural_person
only one person
gptkbp:governedBy gptkb:Companies_Act,_2013
gptkbp:hasProperty yes
https://www.w3.org/2000/01/rdf-schema#label One Person Company
gptkbp:introducedIn gptkb:India
gptkbp:limitedLiability yes
gptkbp:maximumDirectors 15
gptkbp:maximumGapBetweenBoardMeetings not less than 90 days
gptkbp:minimumDirectors 1
gptkbp:minimumPaidUpCapital no minimum
gptkbp:nomineeConsentRequired yes
gptkbp:nomineeRequired yes
gptkbp:numberOfMembers 1
gptkbp:perpetualSuccession yes
gptkbp:registration yes
gptkbp:regulates gptkb:Ministry_of_Corporate_Affairs,_India
gptkbp:residentDirectorRequired yes
gptkbp:residentInIndiaRequired yes
gptkbp:separateLegalEntity yes
gptkbp:sharesTransferable no
gptkbp:statutoryAuditRequired yes
gptkbp:successionByNominee yes
gptkbp:suitableFor single entrepreneurs
gptkbp:taxStatus taxed as private company
gptkbp:bfsParent gptkb:Companies_Act,_2013
gptkbp:bfsLayer 5