In this article, you will get a detailed analysis of the new “company name” norms that will be effective from 1st of September 2021.
One Person Company (OPC)
Business by a single person is possible by way of Proprietorship firm. However, it was a grossly unorganised form of business. To overcome this shortcoming, Companies Act, 2013 provided for a totally new business incorporation way that not only offers the flexibility of a company but also limits the liability that Partnerships or Sole Proprietorships lack. The concept of One Person Company is quite old in countries like the USA, Australia, China, and Singapore.
As a reputable firm of Chartered Accountants in Delhi, we have years of experience in helping our clients in OPC registration. Since the time of enquiry to arranging documents till submitting these online, we get in touch with you in the entire journey and guide you properly at every step until you can complete all.