Whether finance company (Related to insurance business) can be incorporated as one person company?
Menu
Finance company incorpration
Replies (1)
an OPC can be incorporated by a resident for cap upto 50L and avg turnover 2cr...only NBFC activities are prohibited by an OPC. so, opc insurance biz can be incorporated subjected to approval of CRC Delhi.
Recent Topics :
- TDS on under construction property not deducted
- GST on Fixed Assets
- GST ITC april 22
- GST PAYMENT REGARDING
- GST Consultation Required – June–Augus
- TDS Code for Salary Payment to Non-Resident Intern
- TDS on property
- Company data for software
- Car purchase to be eligible for ITC
- GST Refund on payment to builder
Related Topics :
CAclubindia
