Monday, September 2, 2013

The Companies Act, 2013 has been notified in the Official Gazette of India dated 30th August, 2013

The Companies Act, 2013 has been notified in the Official Gazette of India dated 30th August, 2013




http://egazette.nic.in/
AND CLICK ON ACTS AND BILLS.


BENEFITS OF ONE PERSON COMPANY

register one person company
Add caption

BENEFITS OF ONE PERSON  COMPANY



  • -          Easy availability of finance form bank

  • -          Relief to open a bank account

o   Earlier if Mr. XYZ was doing business in the name of “XYZ Business Solutions”, so it was very difficult to open a account in bank in the name of “Kashif Business Solutions”. The bank used to ask too many documents. Now it will be easy to open a bank account.

  • -          Limited Liability.
  • Self Employed







Friday, August 30, 2013


ONE PERSON COMPANY



Earlier minimum two people were required to register a Private Limited company. Therefore the only option left to person who wants to do business alone was “Sole Proprietorship”.



Now in Companies Act, 2013 even a single person can register a company. 


These Companies are called as “One Person Company”. 

Therefore all persons want to do business alone can register a “One Person Company”.

Contact us : kashifali@cskashif.com