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almost 9 years ago
Opc Vs. Partnership
Difference between OPC and Partnership Below table shows the comparison of two ideal entities for most entrepreneurs: Particulars One Person Company Partnership Governing Body One Person Company governed by the Companies Act, 2013.
almost 9 years ago
What Is One Person Company?
The salient feature of One Person Company is that it needs only one founding member who is the sole shareholder and director of the company yet there are few regulations as The founding member should be an Indian born and should have stayed in India for more than one hundred and eighty-two days in the preceding calendar year.
almost 9 years ago
Disadvantages Of Opc
Nationality: One Person Company only allows a permanent resident of India with an Indian nationality to form the company along with the nominee who does not allow any foreign investment or foreign MNC to invest their subsidiaries in one person company.
almost 9 years ago
Advantages Of Opc
THE ONE PERSON COMPANY concept is newly introduced by companies’ act 2013 to encourage self-employment with a backbone of India's legal system.
almost 9 years ago
Documents Required To Close A Private Ltd.
Compulsory Winding up When Company did something which is unlawful or illegal then Government by force shut down the company.
almost 9 years ago
How To Close (Winding Up) A Private Limited Company In India
Note: Procedure of winding up a company is similar for every company Incorporated in India.
almost 9 years ago
Private Limited Company To Llp
LLP is a worldwide recognised business entity registered with the ministry of corporate affairs and governed by the Limited Liability Partnership Act, 2008 which limits the liability of partners and provides flexibility of a partnership.
almost 9 years ago
Conversion Of A Private Limited Company
Though, Private Limited Company is the most popular form of business in India however; you can also convert it to another business form if you wish to grow it on a large scale.
almost 9 years ago
Audit Of Private Limited Company
Due to the regulation of government and accordance with law, once in a year, every company requires having their accounts audited by the auditor.
almost 9 years ago
Sole Proprietorship Into A Private Limited Company
As Sole Proprietorship Firms are not governed by any law.
