COMPANY REGISTRATION/ INCORPORATION

ONE PERSON COMPANY

One Person Company is a company that comprises a single person as a shareholder and can be contrasted with private companies. These companies get all the benefits of a private company such as they to have access to credits, bank loans, limited liability, legal protection, etc.

PRIVATE LIMITED COMPANY

Private limited Company is a company that comprises minimum two persons as a shareholders and maximum 200 persons

PUBLIC LIMITED COMPANY

Public limited Company is a company that comprises minimum Seven persons as a shareholders and with no maximum limit

SECTION 8 COMPANY

A company is referred to as Section 8 Company when it registered as a Non-Profit Organization (NPO) i.e. when it has the motive of promoting arts, commerce, education, charity, protection of the environment, sports, science, research, social welfare, religion and intends to use its profits (if any) or other income for promoting these objectives.

NIDHI COMPANY

A Nidhi company is a type of company in the Indian non-banking finance sector, recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company.

PRODUCER COMPANY

Any person engaged in any activity connected with or relatable to any primary produce (Produce: “things that have been produced or grown, especially by farming”). A Producer Company is thus a body corporate having an object that is one or all of the following:

  • production
  • harvesting
  • procurement
  • grading
  • pooling
  • handling
  • marketing
  • selling
  • the export of primary produce of the Members or import of goods or services for their benefit.

FOREGIN COMPANY

Incorporation of a Foreign Company in India. “Foreign Company” means any company or. body corporate incorporated outside India which-

  1. has a place of business in India whether by itself or through an agent, physically. or through electronic mode; and.
  2. conducts any business activity in India in any other manner
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