One Person Company or OPC is a relatively new concept in India that was introduced through the Companies Act, 2013. As the name suggests, an OPC is a type of company that can be formed with just one person as its shareholder and director. This form of business has gained immense popularity in India in … Read More “Why Do People Opt for One Person Company in India” »
A One Person Company (OPC) is a relatively new type of business structure that allows a single person to form a company and operate it as a separate legal entity. This business model provides a range of benefits and features to the owner, making it an attractive option for small business owners and entrepreneurs. In … Read More “Features and characteristics of a one person company” »
Company Laws in India were completely revolutionized by the Companies Act, 2013, which introduced a few new concepts that didn’t exist before. A game-changer is the introduction of the OPC concept, which involves One person company registration and one company. To begin with, here are the documents we need for OPC registration: The Definition of … Read More “The Documents Required for OPC Registration” »
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” »
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 OPC 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” »
