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One Person Company - Meaning, incorporation, annual filing and restrictions etc.The concept of One Person Company (OPC) was introduced to encourage unorganized proprietary businesses to enter the organized corporate world. An individual company as the name suggests is a company in which one person is a member. Like any other…

WHAT IS A SOLE PROPRIETORSHIP?PROPRIETORSHIP COMPLETE INFORMATIONDoing business in PROPRIETORSHIP is one of the simplest and easiest forms where a single person owns and is personally responsible for all the payments and receipts of the business. It is the most reported in India due to its low cost and low…