One Person Company registration vs Private limited company registration in India
One Person Company registration is a relatively new concept in India, and its purpose is to encourage the formation of commercial firms that are owned and operated by a single individual. It takes at least two people to form a partnership in order to form some types of corporations, such as a limited liability partnership, a private limited company, or a limited company. One Person Companies, on the other hand, enable a solitary person to have ownership of and responsibility for running the comp ...