One person Company

Things to be kept in mind before starting a new business

Starting a new business on your own is a huge task, one that shouldn’t be taken lightly. It might require some before thought and planning. To help you with this, here are some things that you might want to consider before starting your business. Do your research First of all, you should know what you’ll …

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Can a director of one company become an employee of the other Company?

Types of Directors Before understanding the specifics of the company director, let’ learn the types of directors that businesses usually have. In general, there are two critical types of directors where one is called the “executive,” and the others are “non-executive” managers. An executive director can be an exclusive directory of the enterprise, i.e., a …

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Differences between a One Person Company and a Sole Proprietorship Company

One Person Company (OPC) is a separate legal entity with just one member and only one shareholder. OPC is registered under the Companies Act 2013 with the Ministry of Corporate Affairs. Sole Proprietorship is not as same as One Person Company. a sole proprietorship company is a business that is owned and governed by one …

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