Why startup should not choose One Person Company (OPC) as their form of business?

Why startup should not choose One Person Company (OPC) as their form of business?

Startup is the innovative category of a businessman who wants to grow very fast within a short span of time like the previous startups did like Flipkart, Ola, PayTM, etc. They could only become so big because they were able to raise the capital in a timely manner.

One Person Company lacks this skill as there cannot be more than one shareholder in the company and hence it cannot raise funding by selling the stake to the investors.


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