Company registration is the process of making your business a legal entity. Unlike business name registration, which focuses on the name alone, company registration creates a separate legal entity for your business, expanding financing options and shielding you from personal liability for company debts
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Private Limited Company is a separate legal entity held privately, providing limited liability. Its shares aren’t publicly traded, making it common for new businesses1. Shareholders enjoy protection from personal liability, and the company’s finances remain independent of owners’ personal assets
Public Limited Company is a business managed by directors and owned by shareholders. It can offer shares to the public, similar to publicly traded companies in the India
LLP is a flexible legal and tax entity where each partner has limited personal liability for the partnership’s debts or claims. Partners benefit from economies of scale while reducing liability for other partners’ actions
One Person Company is a business entity formed by a single individual. It combines features of a company (limited liability, separate legal existence) with the simplicity of sole proprietorship. The sole member can also be the director, and a nominee must be appointed for succession planning.
Nidhi company is an Indian non-banking financial institution that cultivates thrift and savings among members. It borrows and lends money exclusively to its members for mutual benefit, as regulated by the MCA. features include a minimum of 200 members, net-owned funds of ₹10 lakhs or more, and a ratio of net-owned funds to deposits not exceeding 1:20
NBFCs engage in various financial activities, such as providing loans and advances, acquiring shares, bonds, and stocks, offering hire-purchase services, insurance, and chit-fund businesses.
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