MyOnlineCFO.in is leading interactive portal for Business Management and Process Implementation Services which provides Virtual CFO Services and Compliances Management Services to the clients spread over PAN India.
A sole proprietorship,also known as the sole trader or simply a proprietorship, is a type of business entity that is owned and run by one natural person. The owner is in direct control of all elements and is legally accountable for the finances of..
A partnership is an arrangement where parties, known as partners , agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses etc.
Partnerships firms are relatively easy to start are is prevalent amongst sma..
One Person Company (OPC) in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. The difference between a sole proprietor and a ..
Limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of Partnership and companies. In an LLP, one partner is not responsible or liable for another partner’s misconduct..
Private Limited Companies are those types of companies where minimum number of members is two and maximum number is fifty. The sharing is governed by the percent shareholding by the person. Also one can sell its shareholding partly to mobilize the funds. The company..
Public Limited Company is very much similar to Private Limited except with regard to minimum number of members and options to raise funds from general public through selling of shares and debt products. There are lot of compliances required to maintain a public..