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Disadvantages of OPC


OPC has some drawbacks on account of constraint conversion, restriction of doing some business activities, ownership limitation, restrict foreign investment.

28 Apr 2017 by Jaskirat Kohli

Know the difference between: A Company and a Firm


Firm is governed by the rules of Partnership Act, 1932 where as the company is governed by the rules of Company Act, 1956.

22 Oct 2018 by Tanya Sharma

Various types of Companies you can register for your Business


Various types of company can be incorporated under the Companies Act, 2013. They are briefed as follows:1.Private Limited Company : 2.Company limited by shares :3.Company limited by guarantee :4.Unlimited company :5.One Person Company :6.Limited Company

26 Dec 2016 by Ankan Bose

LLP vs OPC


A Limited Liability Partnership is a distinct legal entity which is registered under the LLP Act, 2008. In LLP, the partners or members are not responsible for the liabilities and debts of the Company. The Shareholders in an OPC are liable only to their s

27 Mar 2017 by Archi Bhatia

Advantages of OPC


One Person Company permits a person to run a business entity with the advantage of limited liability and corporatization. OPC, a hybrid form of business entity provides some advantages which make it more popular among the economic entrepreneurs.

28 Apr 2017 by Jaskirat Kohli

Never Register A Sole Proprietorship


All set to jump into the deep ocean of opportunities. The success of your journey is not in correlation with how well you dive into the ocean. Being a pro at diving is not prerequisite to explore the exotic depth of your lean revolution.

08 Mar 2017 by Nimisha Gupta

OPC vs. Private Limited Company


OPC and private limited company share some factors in common like having limited liability, tax provisions, minimum share capital, however, they differ in case of certain cases like number of members, meetings etc.

02 May 2017 by Archi Bhatia

Annual General Meeting


Annual General Meeting is a mandatory annual meeting of shareholders, which is required to be held by every company as per the prescribed law and guidelines in order to be a valid meeting.

26 Jun 2017 by Archi Bhatia

Types of Companies Registered under MCA


There are 6 types of Companies which can be registered in MCA: 1 Private Limited Company. 2 Limited Liability Company. 3 One Person Company. 4 Nidhi Company. 5 Section-8 Company. 6 Public Limited Company

26 Sep 2016 by Ankan Bose

OPC Audit Limit


Every One Person Company required to audit its account every year if company exceeds the threshold limit in case of tax audit and mandatorily in case of statutory audit.

23 May 2017 by Archi Bhatia