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Companies Act 2013 gave birth to the concept of One Person Company. Section 2(62) of Companies Act defines ‘One Person Company’ as “a company run by a single person who is acting as a shareholder and director at the same time”. One Person Company Registration has lower compliance as compared to a Private Limited Company. Entrepreneurs in the initial stage of their business prefer to create OPCs instead of sole proprietorship business because of the advantages that OPCs offer. | |
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Target State: Indiana Target City : Noida Last Update : Aug 27, 2020 4:52 AM Number of Views: 26 | Item Owner : Corpbiz Contact Email: Contact Phone: 07289999875 |
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