Separate Legal Entity
A One Person Company Registration is a separate legal entity as distinct from its member, and is separate at law from its shareholder, directors, promoters etc. An OPC Registration has the capacity to own properties, incur debts and exercise a number of legal rights.
Transferability of Shares
Ownership of a One Person Company Registration are easily transferable by a shareholder to any other person. The Transfer process involves filing and signing a share transfer form and handing over the buyer of the shares along with share certificate.
A One Person Company Registration exercise “Perpetual Succession”; which means that the company’s life is not determined by the longevity of its member, shareholder, promoter, directors, employees or anyone else. If the shareholder of a One Person Company (OPC) dies or resigns , only the shares in the company will be transferred to new a person.