What is the revenue limit for OPC?

A One Person Company (OPC) is a unique type of private company under the Companies Act, 2013, tailored for entrepreneurs who wish to enjoy the benefits of a corporate structure while maintaining sole ownership. OPCs offer several advantages, such as limited liability and simplified compliance compared to traditional private limited companies, making them an appealing option for individual business owners. However, OPCs are subject to specific regulations, particularly concerning their revenue generation. One of the key factors that business owners must keep in mind is the revenue limit that applies to OPCs. This article delves into the revenue limit for OPCs in India, its impact on business structure, and the options available to business owners as they approach or surpass this threshold. Understanding the Revenue Limit for OPCs Under current regulations, an OPC can only operate as long as its revenue remains below a set threshold. This limit ensures that businesses under t...