One Person Company

5 Main Disadvantages of One Person Company You Need to Know

One Person Company (OPC)is a legal firm formed by an individual person. It unites the advantages of a sole proprietorship and a private limited. Gives the sole owner limited liability while keeping management simple. There are both advantages and disadvantages of One Person Company. This new form of company was formed in 2013. This new […]

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Eligibility criteria for OPC

What are the 6 important eligibility criteria for OPC?

In India, a One Person Company (OPC) is a company formed by a single person as a director. OPC is introduced under the Companies Act of 2013. It promotes entrepreneurship and encourages small businesses to form their own companies. Only residents and citizens of India can apply for One Person Company. Knowing the eligibility criteria

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Advantages of OPC for Entrepreneurs

7 Advantages of OPC for Entrepreneurs: Register Your OPC

In today’s business era entrepreneurs are eager to grow in their ventures. Using strategies or decision-making ability can make their entities successful. Selecting the structure of business is also can make an impact on their firms. Regarding the advantages of OPC for entrepreneurs, it plays a vital role. OPC is a company which is started

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Requirements of One Person Company

What are the requirements of One Person Company in India?

One Person Companies (OPC) are a type of Private Limited Company in India that can be formed by a single person. This blogs deals with the requirements of One Person Company. Overall, OPC are a good option for entrepreneurs who are looking to start their own businesses with limited liability protection and the benefits of

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One Person Company Vs Sole Proprietorship

Whats Better: One Person Company Vs Sole Proprietorship

While comparing functions One Person Company Vs Sole Proprietorship is different. Before the enactment of Companies Act 2013, the Sole Proprietor has only option to initiate a business by establishing Sole Proprietorship. After the enactment of Companies Act 2013, the concept of One Person Company is existing as an alternative option. In this blog, let

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Advantages and disadvantages of OPC

Top Advantages and disadvantages of OPC: Register OPC

As per the Companies Act 2013, a One Person Company is formed in the same way as a Private Limited Company. This sort of business allows anyone to create a business without having to worry about other shareholders. There are numerous advantages and disadvantages of OPC. Furthermore, a member is a shareholder or subscriber to

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Register One Person Company

Register One Person Company: OPC Registration made easy

In this article, we will discuss how to register One Person Company (OPC) in India and the necessary documents required for the registration process. An OPC is a type of company that can be established by a single person. The features of a company, such as perpetual succession, limited liability, and a separate legal entity are

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