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Define the maximum turnover limit for OPC

Define the maximum turnover limit for OPC

Introduction The One Person Company (OPC) structure was introduced under the Companies Act, 2013 to provide individual entrepreneurs with a simple yet formal business model. While OPCs enjoy reduced compliance burdens and full ownership control, they are designed to...

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Briefly review the capacity of OPC to raise capital

Briefly review the capacity of OPC to raise capital

Introduction A One Person Company (OPC) is a corporate structure introduced under the Companies Act, 2013 to empower individual entrepreneurs with the benefits of limited liability and separate legal identity. While OPCs enjoy simplified compliance and full ownership...

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Introduction to share capital flexibility in OPC

Introduction to share capital flexibility in OPC

Introduction One of the key features that make a One Person Company (OPC) attractive to individual entrepreneurs is the flexibility in structuring share capital. Unlike traditional private limited companies that require multiple shareholders, an OPC can be formed and...

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 Establish who can become a director of OPC

 Establish who can become a director of OPC

Introduction A One Person Company (OPC) is a hybrid business model that allows a single entrepreneur to enjoy the benefits of incorporation under the Companies Act, 2013. While the structure is designed for individual ownership, the company must still be managed by a...

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Define OPC in contrast with partnership firm

Define OPC in contrast with partnership firm

Introduction In India’s business landscape, entrepreneurs have a range of legal structures to choose from, depending on the nature, size, and goals of their venture. Two common forms are the One Person Company (OPC) and the Partnership Firm. While both structures...

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Establish the timeline for statutory compliance for OPC

Establish the timeline for statutory compliance for OPC

Introduction A One Person Company (OPC) enjoys a simplified structure and limited compliance requirements compared to other corporate entities. However, it is still a company under the Companies Act, 2013, and must adhere to certain statutory deadlines annually to...

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Define the term small company and its link with OPC

Define the term small company and its link with OPC

IIntroduction The concept of a "Small Company" was introduced under the Companies Act, 2013, to reduce the compliance burden on businesses with limited scale. This classification allows eligible companies to benefit from simplified regulatory requirements while...

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Briefly note the name reservation process for OPC

Briefly note the name reservation process for OPC

Introduction The name of a One Person Company (OPC) is a crucial element of its legal identity and brand recognition. Choosing and reserving a unique and compliant name is the first formal step in the OPC incorporation process under the Companies Act, 2013. The name...

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