Types of Companies in India

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Private Limited Company

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A Private Limited Company is a business entity that limits shareholder liability and is privately owned, not allowing public share sales.

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What are the key features of a Public Limited Company?

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Key features of a Public Limited Company include limited liability, ability to sell shares publicly, minimum share capital requirement, and regulatory compliance.

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How many members are required to form a One Person Company?

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1

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What is the primary purpose of a Section 8 Company?

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To promote charitable objectives without profit motive.

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Can a Foreign Company operate in India without registration?

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No, a foreign company cannot operate in India without registration.

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What is the liability of members in a Limited Liability Partnership?

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Members have limited liability, protecting personal assets from LLP debts.

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What are the restrictions on the transfer of shares in a Private Limited Company?

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Shares in a Private Limited Company can only be transferred with board approval and may be subject to restrictions in the articles of association.

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How does a Public Limited Company raise capital?

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By issuing shares to the public and through bonds.

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What is the minimum paid-up capital required for a Public Limited Company?

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$50,000

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What are the compliance requirements for a One Person Company?

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Annual compliance filings, maintenance of statutory registers, board meetings, appointment of auditor, income tax returns, and adherence to the Companies Act.