One Person Company Vs Sole Proprietorship: What’s Better?

While comparing functions One Person Company Vs Sole Proprietorship is different. Before the enactment of Companies Act 2013, the Sole Proprietor has only option to initiate a business by establishing Sole Proprietorship.

After the enactment of Companies Act 2013, the concept of One Person Company is existing as an alternative option. In this blog, let us discuss the cons and pros of Sole proprietorship and One Person Company and its differences.

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