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Introduction to compliance requirements for an OPC

Introduction to compliance requirements for an OPC

Introduction A One Person Company (OPC) is a unique business model introduced under the Companies Act, 2013, that allows a single entrepreneur to enjoy the benefits of a private limited company. While OPCs are granted several compliance relaxations compared to...

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Describe the taxation implications of OPC structure

Describe the taxation implications of OPC structure

Introduction One of the significant advantages of registering a business as a One Person Company (OPC) is the legal and financial clarity it offers, especially in terms of taxation. Unlike a sole proprietorship where the owner is taxed under individual income tax...

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Explain how OPC can help startups gain legal identity

Explain how OPC can help startups gain legal identity

Introduction In the startup ecosystem, having a distinct legal identity is essential for building credibility, securing investments, entering contracts, and protecting personal assets. For individual entrepreneurs in India, the introduction of the One Person Company...

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