Is there a tax benefit to establishing an OPC?

All about one person company (OPC)- incorporation

All about one person company (OPC)- incorporation

The One-Person Company is a brand-new idea created by the 2013 Companies Act! (OPC). There must be at least 2 Directors and 2 Members in a Private Company, but there must be at least 3 Directors and 7 Members in a Public Company. Until recently, a company could not be formed by a single individual. … Read more