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What are the most common types of companies in India?
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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