Submitted by vakilgiri • September 25, 2020
www.vakilgiri.com
The One Person Company (OPC) is considered to be a good refinement over the sole proprietorship. The main advantage of OPC Registration is that, a single promoter possesses full authority over the affairs of the company and thereby restricts his/her unlimited liability towards their contributions. In OPC, the said person will be the only shareholder and director.
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- Category: Legal
- Tags: company, one, person, registration