Question

characteristics of one person company(OPC) .Answer should be in points. ​

Answer 1

Answer:

Characteristic features of One Person Company Comparison of OPC and sole proprietorship

Section 2 (62) of Companies Act, 2013 defines One Person Company as:. A company which has only one person as a member.

Characteristics of One Person Company. Member is defined as a shareholder or a person who agrees in writing to become a...

Conversion of OPC to private or public company. This has to be done within six months of the company exceeds its...

Taxation. Income tax Act, 1961 does not have taxing regulations for OPC as OPC...

Explanation:

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