Single owner + nominee
One member runs and owns it, with a named nominee for continuity.
Resident Indian only
Only a resident Indian individual can incorporate an OPC; it converts to a Pvt Ltd on crossing thresholds.
One member runs and owns it, with a named nominee for continuity.
Only a resident Indian individual can incorporate an OPC; it converts to a Pvt Ltd on crossing thresholds.
Considering an OPC for your solo business? You can message him directly, or book a short call to talk through your situation.
This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.