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
Dear Mr Kashif Ali jee, more than any thing else, one person company invariably enables the promoters with the bent of mind to be independent and who relish to retain the total control of business, for promoter of such kind of bent of mind, this is a boon.
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