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vineet arora
Serenity in chaos • 2m
a company can not be single owner, a business can established as a proprietorship but for company you need atleast two people, it maybe your family members. but if you form a company, there are a lot of leagal obligations and you need to file returns after audit from CA and maintain accounts very clearly(it's mandatory) for a proprietor business, it's not necessity to gets accounts audited from CA, but then again investors do not invest in proprietor business model. as far as mode of company is, it's usually better to have Pvt. Ltd for startups. LLP can be formed if the investors want them.
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