one person company meaning
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the person is head and all the work done by machine in other words he is entrepreneur
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One person company meaning
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One person company meaning = One Person Company means a company which has only one member. Who only start the company individually . One person company rule comes under Section 3 classifies OPC as a Private Company for all the legal purposes with only one member.
Only 1 person is required who can be a shareholder as well as the Director.
1. One share holder:
2. One Director
3. Nominee
4. Taxation
5. Freedom from compliance
You can also start thinking company. A unique name gives an introduction of your company to people, for example, Ghar ka khana Technology private limited.
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