Tag Archives: #CompanyManagement

Sole proprietorship vs. OPC?

Sole proprietorship vs OPC Here are the notable distinctions between an OPC (One Person Company) and a sole proprietorship: Legal Structure: OPC: An OPC is a legally recognized entity that is registered under the Companies Act. An OPC (One Person Company) is recognized as an independent legal entity distinct from its owner. Sole Proprietorship: A… Read More »

Which document is required to add a director in a private LTD company?

Document is required to add a director in a private LTD company To add a director in a private LTD company is required the following document are required: 1.Director Identification Number (DIN): The proposed Director must obtain a DIN from the Ministry of Corporate Affairs (MCA) by submitting an application along with the necessary documents.… Read More »