OPC or Sole Proprietorship Here’s an overview of each: OPC (One Person Company): OPC is a legal business structure that allows a single individual to establish a company with limited liability. It provides benefits such as separate legal identity and limited liability protection, meaning the personal assets of the owner are generally protected… Read More »
One Person Company One Person Company (OPC) is a type of company that can be formed with only one person as its member or shareholder. It introduce in the Companies Act, 2013 to encourage small business owners and entrepreneurs to start their own companies with limited liability protection. A OPC has a separate legal identity… Read More »
What is a General Partnership? A general partnership is one of the simplest and most common forms of business structure, particularly for small businesses or groups of individuals who want to start a business together. In this structure, two or more individuals agree to run a business and share its profits, losses, and liabilities. Here’s… Read More »
