What is One Person Company ?

submitted 7 months ago, Friday, Jul 28, 2017, 08:56:45 by RegistrationKart in Business
One Person Company concept in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. One of the biggest advantages of a One Person Company (OPC) is that there can be only one member in a OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership (LLP).
rated 0 times (+0)  (-0) - comments: 0 - hits: 121 - www.registrationkart.com


There are no comments for this article.
Only authorized users can leave comments. Please sign in first, or register a free account.
Published By


Member since Jul 19, 2017
Location: India
User not following anyone yet.
You might also like
Choose a Best Suit Service for your Company Registration
A OPC does have a few boundaries. for example, each One Person Company Registration(OPC) need to nominate a nominee Director in the MOA and AOA of the employer - who becomes the...
How to find a good company registration agents? – RegistrationKart
Your smart skilled company registration agent are going to be licenced by the relevant skilled body for the corporate registration method. Here at corporations Registrations by...
Join RegisterationKart’s ‘Become an Associate’ program if you’re a CA/ CS ,CMAs, Lawyers, Angel Funds, Startups Hubs, Corporates, Business Consultants, Investor. We work on a...
Registration of the property is a full and final agreement signed between two parties. Once a property is registered, it means that the property buyer in whose favor the...