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Commencing a  private limited company  or business is an energetic yet daunting possibility and there are major decisions to be done for this prospect. The most important decision of all is the sort of business structure to be selected- One Person Company, Private Limited Company, LLP, Public Company, etc.    Do you want to begin a new business but have trouble as to what form of the company you must choose? This article might help you to ease your choice.      Meaning of OPC Company and Pvt Ltd Company? OPC is a new composite kind of business entity that requires only one member to form who can be considered the first director as well. The single owner has the advantage of limited liability. One Person Company proposes a Company that has only one person as to its member. A private Limited Company is the kind of a company where a minimum of 2 members are needed and the highest number of members can be 200. The liability of the members of a Private Limi...