One Person Company is the concept introduced by the Government of India in The Companies Bill, 2009.
As per now, as per the Companies Act, 1956, there are only two types of Companies in India. One is Private Limited Company and the other is Public Limited Company. Government has been introduced the third type of Company names One Person Company.
Definition of One Person Company (OPC)
“One Person Company” means a company which has only one person as a member