Tag Archives: #EntrepreneurialCommunity

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 »

Who should file an MSME form-1?

Who should file an MSME Form-1 Introduction Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in the economy by contributing to employment generation, innovation, and industrial growth. To regulate and monitor outstanding payments to MSMEs, the Ministry of Corporate Affairs (MCA) introduced MSME Form-1 under the Companies Act, 2013. This filing requirement ensures… Read More »