Companies Act 2013 brought the concept of One Person Company set up in which such a structure is formed where there is a hybrid between a full structured proper company and a sole proprietorship firm. In OPC, as the name suggests, the company is having only One Director and only one person can form a company and the company will be having a separate legal entity of its own.
WHAT IS THE TIME TAKEN IS INCORPORATING A ONE PERSON COMPANY?
Incorporating a One Person Company can take a maximum of 15-20 days.
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