Advantages and Disadvantages of OPC (One Person Company)
Introduction: What is an OPC? What is advantages and disadvantages of opc? A-One Person Company Compliance. Most people think of them as the same thing, but they are not. An OPC is a company run by one person with no employees. What are the advantages of having such a company? What are the disadvantages? What are the tax implications? Who is the OPC liable to pay taxes to? What are some critical issues for someone thinking about starting an OPC? How do you report and pay your taxes as an…