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Can OPC have 2 directors?A One Person Company (OPC) is designed to offer a simplified corporate structure for individual entrepreneurs. It allows a single person to operate the business, while also enjoying the advantages of limited liability protection. However, a common query that arises among business owners is whether an OPC can have more than one director. In this article, we’ll discuss whether an OPC can...0 Comments 0 Shares 392 Views 0 Reviews
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How Does Company Registration Help in Securing Business Loans and Investments?Introduction Starting and expanding a business requires adequate financial resources, often in the form of loans or investments. Financial institutions and investors prioritize registered businesses over unregistered ones, as registration establishes legal credibility and structured management. Whether it is company registration, partnership firm registration, or OPC registration, a legally...0 Comments 0 Shares 74 Views 0 Reviews
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What are the documents required for OPC?A One Person Company (OPC) is a relatively new concept introduced in India through the Companies Act, 2013. It is designed to provide an individual entrepreneur the benefits of a corporate entity while retaining full control over the business. OPC with OPC registration in Tirupur allows a single individual to form a company without the need for a co-founder or partner, thereby simplifying the...0 Comments 0 Shares 2K Views 0 Reviews
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Who are not allowed at OPC?A One Person Company (OPC) is a popular business structure for small entrepreneurs who want to enjoy the benefits of a private limited company while operating individually. While OPCs are a preferred choice for many, certain entities and individuals are prohibited from forming or operating as an OPC. If you’re considering OPC registration in Coimbatore, it is important to understand who...0 Comments 0 Shares 331 Views 0 Reviews