OPC

One person company

Company Law - The concept of One Person Company [OPC] is a new vehicle/form of business, introduced by The Companies Act, 2013 [No.18 of 2013], thereby enabling Entrepreneur(s) carrying on the business in the Sole-Proprietor form of business to enter into a Corporate Framework. One Person Company is a hybrid of Sole-Proprietor and Company form of busi...

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Incorporation of One Person Company in India – Point to Remember and Process

Company Law - MCA has introduced the Concept of One Person Company so that the Proprietorship business can also get the Corporate Frame work with minimum compliances in a Year. It is still in its nascent stages and will require more time to be fully accepted by the business world....

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Incorporation of one person company by using new e-forms (Spice) under Companies Act 2013

Company Law - An attempt has been made from my side to share my knowledge and experience regarding Incorporation of a One Person Company under Companies Act, 2013 in the form of an Article....

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Quick Insight on One Person Company (OPC)

Company Law - One Person Company [OPC] allows a sole person to incorporate a company on its own with concessional/relaxed requirements under Companies Act...

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One Person Company under Companies Act, 2013: Brief Insight

Company Law - Article Discusses Meaning of One Person Company (OPC), Benefits of OPC over sole proprietorship, Maximum Time Taken to incorporate OPC, Documents Required to incorporate OPC, Minimum Person Required to form an OPC, Restriction for running the OPC and Steps involved in OPC Formation in brief....

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ICSI releases Ready Reckoner on One Person Company (OPC)

Company Law - One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new vistas of business opportunities and particularly spectacular possibilities for sole proprietorships and entrepreneurs who can enjoy the advantages of limited liability, and the benefit of separate legal entity as well....

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Recent Posts in "OPC"

One person company

The concept of One Person Company [OPC] is a new vehicle/form of business, introduced by The Companies Act, 2013 [No.18 of 2013], thereby enabling Entrepreneur(s) carrying on the business in the Sole-Proprietor form of business to enter into a Corporate Framework. One Person Company is a hybrid of Sole-Proprietor and Company form of busi...

Read More
Posted Under: Company Law |

Incorporation of One Person Company in India – Point to Remember and Process

MCA has introduced the Concept of One Person Company so that the Proprietorship business can also get the Corporate Frame work with minimum compliances in a Year. It is still in its nascent stages and will require more time to be fully accepted by the business world....

Read More
Posted Under: Company Law |

Incorporation of one person company by using new e-forms (Spice) under Companies Act 2013

An attempt has been made from my side to share my knowledge and experience regarding Incorporation of a One Person Company under Companies Act, 2013 in the form of an Article....

Read More
Posted Under: Company Law |

Quick Insight on One Person Company (OPC)

One Person Company [OPC] allows a sole person to incorporate a company on its own with concessional/relaxed requirements under Companies Act...

Read More
Posted Under: Company Law |

One Person Company under Companies Act, 2013: Brief Insight

Article Discusses Meaning of One Person Company (OPC), Benefits of OPC over sole proprietorship, Maximum Time Taken to incorporate OPC, Documents Required to incorporate OPC, Minimum Person Required to form an OPC, Restriction for running the OPC and Steps involved in OPC Formation in brief....

Read More
Posted Under: Company Law |

Summary of Companies Incorporation Third Amendment Rules, 2016

1. Now particulars of subscribers and witness to the MoA and AoA of the company can be type written, so long as the subscriber and the witness as the case may be appends his or her signature or thumb impression, as the case may be. 2. In the principal rules, Form No. INC-10 (Form for verification of signature of subscribers) shall be omit...

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Posted Under: Company Law |

Features and steps involved in incorporating One Person Company

One person company is an entity which consists of only with one person and is considered as a private company for all legal purposes. This concept was introduced in India through the companies’ act 2013....

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Posted Under: Company Law |

Brief Insight on Incorporation of One Person Company

To encourage any recognized form of business at an individual level and to overcome any disputes and non-meeting of minds in case of other forms of registered businesses with two or more persons, a new concept of One Person Company (OPC) has been introduced by the Companies Act, 2013....

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Posted Under: Company Law |

One Person Company under Companies Act, 2013

What is One Person Company? Section 2 (62) of Companies Act 2013 defines ONE PERSON COMPANY- Means a Company which has only one person as a Member....

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Posted Under: Company Law |

Comparison between a Private Ltd Company, OPC and LLP

Comparative Analysis between a Private Limited Company, One Person Company and Limited Liability Partnership S.No Particulars Private Limited Company One Person Company (OPC) Limited Liability Partnership(LLP)   1. Minimum Number of Directors and Shareholders Members/Shareholders – 2 Directors – 2 Note: Directors and members may or m...

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