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Company Registration is the legal process of officially incorporating a business under the Companies Act, 2013, through the Ministry of Corporate Affairs (MCA). It gives the business a separate legal identity from its owners, along with benefits such as limited liability protection, the ability to enter into contracts, own assets, open a corporate bank account, and raise funds in the company’s name.
In India, businesses can be registered under different legal structures based on their ownership, liability, business objectives, and funding requirements.
The major types of company registration include:
Private Limited Company – Suitable for startups and growing businesses seeking limited liability and structured ownership.
Public Limited Company – Designed for businesses that may raise capital from the public and have broader ownership.
One Person Company (OPC) – Allows a single individual to establish a company with limited liability.
Limited Liability Partnership (LLP) – Combines the flexibility of a partnership with the benefit of limited liability.
Section 8 Company – Formed for charitable, social, educational, or other non-profit objectives.
Nidhi Company – Established primarily to promote savings and mutual financial support among its members.
Producer Company – Formed by primary producers to support activities related to production, procurement, marketing, and related business operations.