LEGAL FRAMEWORK OF ONE PERSON COMPANIES: A COMPARATIVE STUDY BETWEEN UK, US, AND SINGAPORE

AUTHOR – JAPNIT KAUR JAGGI, STUDENT AT UTTARANCHAL UNIVERSITY

BEST CITATION – JAPNIT KAUR JAGGI, LEGAL FRAMEWORK OF ONE PERSON COMPANIES: A COMPARATIVE STUDY BETWEEN UK, US, AND SINGAPORE, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (10) OF 2025, PG. 263-270, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRACT

One Person Companies (OPCs) are a new development in corporate law, allowing one business owner to have business and legal protections. The legal structures overseeing OPCs in the United Kingdom, the United States and Singapore are discussed in this paper. The report provides an examination of how businesses are formed, governed, face liability, apply tax laws and comply with regulations. It points out the common practices and legal situations in every area and studies the effects of those laws on the development of OPCs. By studying approaches from various legal systems, this study hopes to show how encouraging entrepreneurship can be done without forgetting corporate responsibility.

Keywords: One Person Company, OPC, corporate law, UK company law, US LLC, Singapore company law, business incorporation, regulatory compliance, limited liability.