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What is Objectives of Sole Proprietorship vs OPC about?

This document discusses the concept of a One Person Company (OPC) under Indian law. Some key points: 1. The Companies Act, 2013 introduced OPCs as a new type of private company that can have just one member/shareholder. This provides benefits like limited liability while retaining a "one man show" structure. 2. An OPC must have one natural person as its member. The member can nominate another person who would become the member in case of their death or incapacity. 3. OPCs provide various relaxations co

Author

deepak

Language

EN