What is the difference between private limited and OPC (one person company)?

What is the difference between private limited and OPC (one person company)?

According To Section 3(1)(c) of the Companies Act, 2013 an OPC is a TYPE OF PRIVATE COMPANY which  has some more privileges and exemptions for the obligations of a private company under Companies act, 2013. 

As an OPC consists of just one member, it doesn't have to bother too much about compliances unlike a private limited company or public limited company ( Listed or unlisted ).


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