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    What are the most common types of companies in India?

    Answered 12-Aug-2022

    Following are the most common types of companies:

    a. A Private Limited Company under the Companies Act, 2013 which can be incorporated with no requirement of minimum capital and 2directors

    b. A Not For Profit Company (as a private company limited by guarantee or having no share capital) under Section 8 of the Companies Act, 2013. This structure is used mostly to promote charitable objects, corporate social responsibility (CSR) related activities, etc and

    c. A Public Limited Company under the Companies Act, 2013 which can be incorporated with 3 directors and 7 shreholders. d. A One Person Company under the Companies Act, 2013 with only one persol who shall be an Indian Resident

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