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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?

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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

Legistify (33 Points)
Replied 11 January 2017

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