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Sunny Goel is a Chartered Accountant (CA) and the Senior Finance & Regulatory Consultant at Registrationwala. He has expertise in accounting, taxation, finance, regulatory compliance, and insurance compliance. He writes simple and easy-to-understand content to help businesses understand financial rules, tax laws, insurance regulations, compliance requirements, and other regulatory matters.
Earlier under the Companies Act, 1956, we needed to have at least seven persons to form a public company and two persons to form a private limited company. Th ....
Not everyone wants to operate a company along with another shareholder. Some people want to have complete control over their business decisions and keep all the profits for themselves. Also, when ther ....
One person Company is a new venture for Start-ups .OPC can be formed by a single person. This concept which was proposed under the Companies act 2013.Person gets privilege to form a company by ma ....
A Sole Proprietorship firm is also known as a sole trader or simply a proprietorship. It was a popular form of business prior to the introduction of One Person Company due to its simplicity, ease of s ....
ESOP full form is Employee Stock Ownership Plan. It is a company’s plan through which employees get a chance to own part of the company they work for. The meaning of ESOP has been defined under ....
Starting a partnership is often a joint, well-considered decision but there may come a time when the partners decide that it is better to bring the business to an end. Falling profits, disagreements a ....
Last Updated on December 29, 2025
In simple words, we can define an auditor as a person who conducts an audit. An auditor can be an individual or a firm. An auditor is a person ....
Preface: This post was originally published in 2022 and has been updated on July 07, 2025, to provide you with the most current and accurate information.
A Director is one of the highest-ranking of ....
Private limited companies are registered with the Ministry of Corporate Affairs and are the most common form of business in India. It has several advantages. Unlike a ....
There was an idea in 1992, an idea whose motive was to shake the Indian economy and push it in a positive direction. However, the idea was way too bold. Its boldness stopped the idea from taking any s ....
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