Starting a business can turn out to be one of the most interesting experiences of your life. One of the important decisions made by an entrepreneur or a start-up while starting this journey is the selection of his business entity. The choice of the business entity has long term implications throughout the life-cycle of the business. Hence, it is recommended to discuss your business plan with a professional, and choose an entity that will support the vision of the business.
If you wish to certify that your small or medium business or enterprises is legal and operational. Any company registered with another ministry agency under the Department of Micro, Small and Medium Enterprises.
You will be glad to learn that you can now establish a One Person Company (OPC) in India that too with the minimum cost and hassle. Among all other provisions of the new Companies Act, entrepreneurs and start-ups seemed to sit on the edge of their seats for this one. Let us tell you why.
If you are the independent entrepreneur types, and want to establish your business without involving any other person, then choosing to establish a One Person Company (OPC) will be the right thing to do.
As a responsible GST & Tax consultant in Bhubaneswar, we manage your finance and accounts, ensure the compensation and benefits, provide a complete analysis of your financial assets and give a professional solution to overcome any kind of tax-related problems.