Company Registration

Indian Private Limited Company

In India a Private Limited Company is the most popular form of business entity which is normally liked by Indian and foreign investors in India to start a business. It can be incorporated as per the rules and regulations mentioned in Companies Act, 2013.

Minimum requirement to form a Pvt. Ltd. Co. in India

• A minimum of two shareholders and a maximum of up to 200 shareholders are allowed in a private limited company.
• A private limited company must have a minimum of two Directors and can have up to a maximum of fifteen Directors.
• A minimum paid up capital of Rs. 1,00,000/- .

Indian One Person Company

The Companies Act, 2013 of India allows to incorporate one person Company now. The minimum requirement of number of shareholder is 1 and Directors is 1. However the shareholder should have to mention a nominee in case of any mis-happening, the nominee may be shareholder of the Company. The director itself can be the shareholder also. There should be atleast Rs. 100,000/- as share capital in the Company.

Indian Public Limited Company

In India, a Public Limited Company is a Company limited by shares in which there is no restrictions on the maximum number of shareholders. The liability of each shareholder is limited to the extent of the amount of shares subscribed. However, the liability of a Director / Manager of such a Company can at times be unlimited.

Limited Liability Company (LLP)

Limited Liability Partnership, a form of organization has been introduced in India by way of Limited Liability Partnership Act, 2008. Normally known as LLP, it combines the advantages of both Company and Partnership into a single form of organization. In LLP all the partners have limited liability for each individual’s protection within the partnership such as a shareholder of a company. Unlike the corporate shareholders, the LLP partners have the right to manage the business directly. In India, this form of organization is gaining popularity now a days.

LLP has a separate legal entity, liable to the full extent of its assets, the liability of the partners would be limited to their agreed contribution in the LLP. Further, no partner would be liable on account of the independent or un-authorized actions of other partners, thus allowing individual partners to be shielded from joint liability created by another partner’s wrongful business decisions or misconduct.