Filing CA

  The Companies Act of 2013 significantly changed Indian corporate law by introducing several novel concepts. There is just one individual who has come up with this innovative concept. In contrast to the more common practice of forming a business with at least two people, a “one-person corporation” (OPC) is a company created by a single individual. When a corporation is legally recognized as the legal representative of a single person’s economic interests, it opens up new opportunities for one-person shops and service providers. Definition A “one person company” is described as a firm with just one member according to section 2(62) of the Companies Act, 2013. The timeline for Non-resident individuals has been shortened to 120 days, and any natural person who is an Indian citizen would be entitled to register a One Person Company and propose a candidate for an OPC. Before you go for the  one-person company registration Mumbai  you need to know the following: It is possible...