Choosing from so many options is hard, isn’t it? We walk you through the ABCs of starting a business by examining the advantages and disadvantages of the three most popular types of Indian business entities. Corporate organizations now have more flexibility thanks to the 2013 Limited Liability Partnership (LLP) Act and the Companies Act. Entrepreneurs … Read More “LLP vs. OPC vs. Private Limited” »
Category: OPC
Company incorporation, LLP, OPC, private limited
OPC
It is a company incorporated by one person. This type of company can be formed with only one director and one member, as per Section 2(62) of the Company’s Act of 2013. The OPCÂ structure was introduced to allow a sole entrepreneur to start and manage a limited liability entity. That is why it has … Read More “OPC Compliance Requirements” »