A Company is the most acknowledged and accepted form of Business Structure worldwide. Not only it attracts investors but also encourages the entrepreneurs to represent their business in a form which is common and familiar to all. Further, it provides other benefits too such as that of having a perpetual succession and limited liability. Since a company has a separate legal identity from that of its promoters, it is capable of holding funds and properties and to sue and be sued in its own name. It is also eligible to borrow funds in different forms such as loans, debentures, etc.
With the introduction of the concept of One Person Company in India, the requirement of having at least two members to start a company has been done away with. This helps a person to enjoy the benefits of a Company without having to share the controlling power with any other person. The compliances involved in OPCs are least and maintenance is easy.
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₹9,499 (inclusive of GST)