We hold the torch till you reach the goal
One person company is a brand new milestone within the Indian corporate criminal world which has its very own execs and cons. The advent of the new Companies Act in 2013 has been the most sizeable reform in business enterprise law in India which allowed for diverse changes and a more revolutionary and liberal approach to do enterprise in India. […]
Continue reading »As the name suggests, a one person company (OPC) is a Company who has a single member, but has its very own existence. One Person Company is a boon to all those owners and budding entrepreneurs, who are inclined to start a business, with enough ideas and inadequate funds. In this article, we have to see the benefits of one […]
Continue reading »A new idea has been introduced in the Companies Act 2013, about the One Person Company (OPC). In a Private Company, at least 2 Directors and Members are required whereas in a Public Company, a minimum of three Directors and at least 7 members. A single person couldn’t incorporate a Company previously.But now as in step with Section 2(62) of the Companies Act 2013, a business enterprise can be fashioned with simply 1 Director and 1 member. It is a shape of a agency in which the compliance requirements are lesser than that of a […]
Continue reading »Procedure for one person company registration under corporations act, 2013 OPC or ‘one individual corporation’ is defined in clause 2(62) of the Companies Act, 2013 as a employer which has only one person as a member. According to section 2(68) of the Act, it’s miles the sub- area of a private employer. In this article we are going to discussing […]
Continue reading »