Tag Archives: #CompanyFormationGuidelines

LLP can become a member of company?

LLP can become a member of company No, it is not possible for a Limited Liability Partnership to become a member of a company. LLPs and companies are distinct legal entities with different structures and characteristics.  Let’s define how LLP can become a member of company. In a company, membership is typically held by individuals… Read More »

What is one person company?

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 »

How many people are required to incorporate a private limited company?

Required individuals to incorporate private limited company In India, a minimum of two individuals are required to incorporate a private limited company. The two individuals can be Indian nationals or foreign nationals or a combination of both. One person needs to assume the role of a Director, while the other person has the option to… Read More »