Recently, the One Person Company (OPC) was introduced as a successful refinement over the sole proprietorship. In OPC, a single promoter assumes full control over the company while restricting his/ her liability towards their contributions to the company. The said person will then be the sole shareholder and director (although a nominee director is present, but has zero control unless... https://www.corpzo.com/one-person-company-and-its-registration-process