Association of Person (AOP) Registration
An Association of Persons (AOP) can be used where two or more persons join together for a specific venture or common objective. We help evaluate whether an AOP is the right structure, prepare the supporting documentation, and guide clients on tax and compliance implications.
Frequently Asked Questions
What type of activities is generally done through an AOP?
We have come across situations where a group of individuals join together for conducting a one-time event such as Seminar, Conference, etc., forms an AOP.
Is it mandatory to File return of Income?
Every AOP / BOI whether incorporated or not has to file the return of Income if his total income exceeds the basic tax exemption limit.