A One Individual Company can raise funds as a result graduating itself to a private restricted company. OPC have to face small compliance burden as compared to private restricted firms , hence OPC can a lot more concentrate on small business and other core areas. In India, OPC is viewed as a Private restricted corporation, which is a preferred and well-identified business structure. For the purposes of this rule, the term resident in India” signifies a individual who has stayed in India for a period of not less than a single hundred and eighty two days in the course of the instantly preceding

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