Private Company
One Person Company is a new concept introduced in India after coming into effect new Companies Act, 2013. One Person Company means a Company which has only one person as a member. It gives a single promoter full control over the Company while limiting his/her liability to contributions to business. It is the most suitable form of business for small businesses where the turnover of the company is within Rs.2 crore and paid up share capital of the company is withinRs. 50 lakhs. One Person Company is a separate legal entity having only one individual as a member.Banking and financial institutions prefer to lend money to the company rather than Sole Proprietorship and Partnership Firms. And there are less compliance as compared to other form of Companies like Public Company and Private Company. We, at Complainceship, having the experience of more than 4 years of registering a One Person companies in india, provide full fledge assistance to the entrepreneur in registering his/ her One Person Company without any hassle and help them in achieving their dreams.
