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Let’s discuss the different types of business structures in India, following is the list of same:
Private Limited Company: This Company is the most prevalent & popular type of corporate legal entity in India. Private Limited Company is a privately held business entity and Company is privately held by the shareholders & the maximum number of shareholders shouldn’t be more than 200. Similarly, the liability arrangement in a Private Company is that of a Limited Partnership, wherein the shareholder’s liability extends only up to the number of shares held by them. Usually, a Private Company in India doesn’t offer or trade its shares to the general public on the stock exchanges, but rather the private stock of the Company is traded or owned.
Public Limited Company: This Company is a group of members which is incorporated under the Companies Act and it has a separate legal existence & the liability of its members are limited to the share they hold.
OPC or One Person Company: A One Person Company is a company established by only one person. A single person established & managed the Company. A One Person Company has all the features of a Company like limited liability, perpetual succession & a separate legal entity.
LLP or Limited Liability Partnership: Limited Liability Partnership is an alternative corporate business that gives the benefits of limited liability of a Company & the flexibility of a Partnership. It is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the Limited Liability Partnership.
Sole Proprietorship: This is a business that is completely owned & controlled by a single person, a Company or a Limited Liability Partnership. There are no partners in the business. Sole Proprietorship is not a separate legal entity from the business owner. The business owner has unlimited liability that means the owner is personally liable for all the debts & losses of the Sole Proprietorship.
What else can I help you with?
Most popular business magazine in India?
Business Today and Business World
Is it possible to be private owner of ATM business?
Yes. The Reserve Bank of India has allowed non-banking entities to own and operate ATMs across India.
What sports are the famous in India?
Polo, Cricket, Association Football and Hockey are all popular.
Who is the most popular prime minister of India?
Sardar Manmohan Singh is the famous prime minister of India.
Who introduced the broadcasting in India first?
private entities
Where do all the famous Hindi stars hang out and create popular movies in India?
Bollywood
How to get free financial leads in India and financial blog?
Visit popular financial blogs in India, submit financial ads or guest blog post, generate organic leads for your business and promote business online.
Who all are the famous violinists in India?
All of them? How famous do they have to be? Seriously, the violin is not part of Indian culture. The sitar (think of a huge guitar) is very popular.
How popular IS Jay Sean?
Jay Sean is VERY popular in the US, UK, Canada, India and other countries as well. Which makes him very famous.
The most populer searching site in india?
Google is the most popular search engine in whichever country it is present .India have google as a search engine hence it is the most famous. Yahoo and Bing are the second famous.
What is Sukshinder Shinda famous for?
Sukshinder Shinda is a famous individual in England. He is a record producer and songwriter. He is famous for producing Banghra music. Banghra music is a type of music that is popular in India.
When was Business India created?
Business India was created in 1978.
