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Post by: Renu Suresh in Proprietorship
What are the types of proprietorship? In India, proprietorship registrationĀ is a popular business organization owned and managed by a single individual. It is the simplest and most common type of business structure, ideal for small businesses andĀ startups. The proprietorship business…
Post by: Renu Suresh in Company Compliance2
Can a single person own a firm? In India, a single person can own a firm through various types of business entities, such as Sole Proprietorship, One Person Company (OPC), Limited Liability Partnership (LLP), and Private Limited Company (PLC). Each…
Post by: Sanya Warriar in One Person Company
Why is OPC better than Private Limited? The primary objective of a One Person Company was to encourage entrepreneurship and MSMEs' corporatization. It gives all the benefits of a Private Limited Corporation, such as perpetual succession, being a distinct legal…
Post by: Renu Suresh in One Person Company
Who is eligible for OPC? One Person Company (OPC) is a type of company that can be formed with only one person as a shareholder and director. This is a relatively new concept in India introduced by the Companies Act…
Post by: IndiaFilings in Business Startup One Person Company
How to Register a One-Person Company (OPC) One-Person Company registration is a popular choice for entrepreneurs seeking limited liability and a separate legal entity. An OPC is a unique business structure that allows a single individual to operate as a…