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.1 v ShOI1 FIFTH oi vie Ne is-is-1150 990 EZ Return of Organization Exempt From me internal Form under certain 501 (a, 521, her 4941(a)(1) EF Income Revenue code 0 8 (except black lung benefit twist
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1 o p stands for One Person Company, which is a type of business entity in which only one person is required to manage the company.
A single individual who wants to start a business on their own can opt for registering a One Person Company (1 o p).
To fill out 1 o p, one needs to register the company with the Ministry of Corporate Affairs, provide the necessary documents and information, and follow the prescribed procedure.
The purpose of 1 o p is to provide a legal structure for a single person to run a business on their own, limiting their liability and enabling them to enjoy the benefits of a corporate entity.
The information required to be reported on 1 o p includes details of the sole proprietor, details of the business, financial information, and other relevant documents.
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