Discussion of previous misconceptions about company registration

Starting a new business is always overwhelming. One of his jobs as an entrepreneur is to make decisions. Success in business takes more than a good idea or an efficient approach. This includes, among other things, knowledge of the company’s structure, legal identity and readiness for future expansion. Despite the many advantages of sole proprietorships, there are many misconceptions about companies. It is very important for Indian OPC companies to understand the myths surrounding one person company registration. Every place you work for your business Many people may not know that a limited liability company can be incorporated at home. […]

What is One Person Company – Meaning, Advantages & Process

What is One Person Company? One Person Companies, also known as One Man Companies, are hybrids between a proprietorship and a company. There is only one member, who is the sole shareholder of the company and may also be the director. OPC is subject to the provisions of Companies Act, 2013, unless stated otherwise. Limited liability applies to One Person Company. If you have an idea for a business, there is no need to worry about finding a partner; you can simply start your own organization. The nominee of a member of an OPC must be an Indian citizen and […]