The bare minimum requirement for the number of partners in an OPC (One Person Company) is one. As the name suggests, an OPC is a unique business structure that allows a single individual to establish a separate legal entity. Unlike other types of companies that require a minimum of two or more partners, an OPC can be formed with just one person as the sole owner and operator of the company. This provides the individual with the benefits of limited liability and corporate status while allowing them to have full control over the company's operations and decision-making. The OPC framework provides a suitable option for entrepreneurs who wish to start a business on their own with limited liability protection.
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