Till last year, it was not possible to form a private limited company without two subscribers or shareholders. With the introduction of new Companies act 2013, an individual can set up companies alone without taking another subscriber or shareholder. With this new concept, small entrepreneurs can set up a one person company (OPC) without sharing their profits with another … [Read more...] about Starting One person company (OPC) in India
Company Formation Procedure in India
What is Memorandum of Association (MOA) – A beginner’s guide
Memorandum of association (MOA) is a statement which is prepared and uploaded by the subscriber at the time of company’s registration. You can take help of a professional like a CA or CS for drafting of memorandum of association (MOA). Contents of Memorandum of Association - MOA MOA has to be prepared and to be filed while incorporating a new company in India. Countries like … [Read more...] about What is Memorandum of Association (MOA) – A beginner’s guide