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 […]
OPC formation procedure: Register a One Person Company Read More »
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. This blog explains the great number of advantages and features of
What are the features of One Person Company? Register OPC Read More »
It is well known that Companies Act 2013 introduced a new concept of single owner company that is One Person Company (OPC). It is operated and managed by a single member. It works like Private Limited Company but there is certain relief when it comes to the compliances in OPC. Basically, the Income Tax for OPC is
What Income Tax for OPC: Taxation for One Person Company Read More »
Process of registering a one person company
What are the documents required for One Person Company? Read More »
One Person Company or OPC is one of the type of company which is formed with only one person as a member. It is completely different from other companies where there will be more than one members. According to Section 2(62) of Companies Act provides that a One Person company can be formed with only
What are the limitations of one person company? Read More »
