What are the Differences between Limited Liability Partnership & One Person Company?

Differences between Limited Liability Partnership & One Person Company image

What are the Differences between Limited Liability Partnership & One Person Company?The two forms Limited Liability Partnership and One Person company are relatively new to the Indian Businesses. There are many differences in the structure of both the forms. We have categorized these Differences between Limited Liability Partnership & One Person Company under certain parameters as listed … Read more

What are the features of One Person Company ?

What are the features of One Person Company

What are the features of One Person Company ?The concept of One Person Company came into existence along with Companies Act, 2013. Earlier formation of a company required minimum 2 members. But now a single person too can form a company. One Person Company (OPC) is an innovative concept and permits entrepreneurs to start a … Read more

When can an OPC be Converted into a Private Limited or Public Limited Company ?

when can an OPC be Converted into a Private Limited Company image

When can an OPC be Converted into a Private Limited or Public Limited Company ?Companies Act, 2013 came into effect from 1st April, 2014. It replaced the old Companies Act and introduced some new concepts as well. One of them is One Person Company. A One Person Company (OPC) as the name suggests is a company … Read more

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