Advantages of One Person Company (OPC) over Sole Proprietorship
In India, a company form called a One Person Company (OPC) is developed that enables a single person to function as a distinct legal entity. OPC registration is appropriate for start-ups and small businesses. The OPC permits the owner to have limited liability and is subject to the same legal restrictions as any other private limited business. In other words, A One Person firm (OPC) is a type...
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