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 […]
What are the 6 important eligibility criteria for OPC? Read More »
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
What are the requirements of One Person Company in India? Read More »
When starting a business, many options are available. For a single owner, there are usually two options. They are: As per the Companies Act of 2013, a One Person company has many advantages and is one of the most preferred business model by single owners looking to start small and grow gradually. This blog will enumerate
How to start a One Person Company in India? Read More »
Earlier, it was mandatory to have a minimum of two person to form a company, after the introduction of the Companies Act of 2013 included a concept of One Person Company in Section 2(62). Section 2(62), provides that One Person company can be formed by one member not more than one member. There are several
Concept of One Person Company under Companies Act 2013 Read More »
A One Person Company (OPC) is managed and controlled by a single individual, minimizing his/ her accountability for contributions to the enterprise. A director nominee, on the other hand, is present but has no authority until the actual director is unable to continue. This comprehensive guide will help you understand all bout One Person Company
One Person Company: Trusted OPC Registration in India Read More »
