Master TDS & TCS Provisions with Critical Issues. Register Now!

Sole trading concern to one person company

Satish Rajan (Secreterial Executive) (359 Points)

11 January 2017

What is the benefit of Converting a Sole trading concern into OPC (One Person Company)? Are there any tax advantages or any exemptions available?

Reply
Follow
Share

2 Replies

lokesh (student) (24 Points)
Replied 11 January 2017

Perpetual succession in case of limited liability in case of an OPC, as opposed to solve proprietership

Upgrade to CAclubindia Pro. Subscribe Now!

Legistify (33 Points)
Replied 11 January 2017

Hi, We would be happy to understand your legal concern in detail and help you out. At Legisitfy, we want to make legal easy, fast and simple and most of all approachable by making it available to more people than ever before. Whether you need to find a lawyer, consult or get a quote you can find it all at Legistify.com. So if you need a lawyer or legal advice we are here:) Visit Legistify.com/consult or you can reach us at +919250004781, +91-9250004782.We would be happy to offer you 30 min free legal advice. If you think Legistify could help any of your friends or family, please share with them too. Let’s make law easy for everyone around. For anything legal…Legstify it. Cheers! Team Legistify Contact : +919250004781/+919250004782 Or Visit : www.legistify.com/#