One Person Company

Paid up Capital of One Person Company

What is the minimum paid up capital of One Person Company?

In this article, we shall discuss the minimum paid up capital of One Person Company. An entity created under law or by consent of law to carry on business for profit is called a company. Its shareholders own the shares. In One Person Company, an individual owns all the assets, liabilities, and profits and bears all […]

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What is One Person Company

What is One Person Company? A Comprehensive Guide

The Companies Act of 2013 revolutionized the corporate laws in India by with the introduction of new concepts. The introduction of the concept of what is One Person Company (OPC) began a whole new way of starting businesses which granted flexibility that a company could offer. It also has protected limited liability which was lacking

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Nominee in One Person Company

Choosing the perfect nominee in One Person Company

One Person Company (OPC) have gained popularity as a favorable option for entrepreneurs in the dynamic business landscape of India. It provides a limited liability and various benefits and this unique business structure allows individuals to independently establish and manage a company. It is crucial to understand the importance of having a nominee in One Person Company. The

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OPC formation procedure

OPC formation procedure: Register a One Person Company

The Corporate laws in India were completely revolutionized by the Companies Act of 2013. It introduced several new concepts that did not exist previously. On such was the One Person Company concept. It led to a completely new way of starting businesses with flexibility which a company offers, and the protection of limited liability that sole

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Incorporation of One Person Company

Incorporation of One Person Company: Register OPC in India

When starting a business, many options are available. For a single owner, there are usually two options: Private Limited Company andOne Person Company (OPC). A One Person company has many advantages and is one of the most preferred business models by Single Owners looking to start small and grow gradually. This blog article enumerates the

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Sole Proprietorship and One Person Company

Difference between Sole Proprietorship and One Person Company

Entrepreneurs starting a business have several options to choose from. For those wishing to establish their own ventures, Sole proprietorship and a One Person Company (OPC) are two popular choices. There are fundamental differences between both structures regarding business operations and legal obligations. In this blog, we will focus on the key differences between Sole

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Features of One Person Company

What are the features of One Person Company? Register OPC

According to Section 2(62) of the Companies Act, 2013, One Person Company (OPC) is a company that consists of only one person as a member. It is incorporated and maintained by a single person. It is one among the major features of One Person Company. One Person Company can only be registered as a Private Limited

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