One Person Company registration
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The composition of the One Person Company registration(OPC) abides by the sole proprietorship firm's configuration. In an OPC, just one promoter obtains entire authority over the company, which holds back their liability toward their enterprises.
Henceforth, that person will be the sole director and shareholder(Although a director nominee is there but has zilch power unless the actual director proves he is ineffectual to persist).
Additionally, there will be no opportunity to contribute to employee stock options or equity funding in OPC registration.
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Lawgicalindia
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