<em>One Person Company (OPC) is improved and better business structure of Proprietorship. By registering a One Person Company, the single promoter of the company gets a full control over the company and at the same time limiting his liabilities to safeguard his personal assets. The owner of the company is considered as the shareholder. As of a Private Limited Company, OPC may also appoint a distinct individual as director for its management. There it is necessary in the case of OPC to appointment of a nominee. </em>