four. Name for your business desires to be reserved for a period of 60 days until incorporation procedures are full. We have received your PAN application documents for above application on November 20, 2014. Regular businessmen functioning as sole proprietors favor one-person businesses (OPCs), even though OPCs allow a sole proprietor to commercialize his enterprise, it is not an excellent entity for startups. But you will need to convert the OPC into a private limited company if it exceeds the turnover of 2 crores or paid capital is extra than 50 lacs.

How Can I Register One Person Company... [Read more »]