As per section 2(68) of companies act 2013, a private company means a company, which has & minimum paid up capital as may be prescribed and by its article, Restrict the right to transfer its share if any. Except in case of OPC, limit its members to 200 excluding present. (here joint member shall be counted as one) and Prohibits and invitation to the public to subscribe for any securities of the company.

• It is very important to register your company as a registered company have multiple advantage:
• Separate legal entity
• Free & Easy transferability of shares
• Limited Liability & Flexible
• Greater Capital Contribution & Greater Stability
• Perpetual succession or uninterrupted existence.
• Easy to Raise Fund
• Best suited for start-up’s with small capital.
• Easy Formation.

As per sec 2 (71) of companies act 2013, A public company means a company which has such minimum paid up share capital as may be prescribed and which is not a private company. Further, a private company which is a subsidiary of public company shall also be deemed to be a public company for the purposes of this act, even where such subsidiary company continues to a private company in its articles

It is very important to register your company as a registered company have multiple advantage:

• At least seven person to form public company
• A Public Company should have at least 3 directors
• The name of public limited company must end with the word ‘Limited’.

Choose Public Limited Because:

• Raising Capital through public issue of shares.
• Widening the shareholder base and spreading risk.
• Growth and expansion opportunities and other finance opportunities.
• Prestigious profile and confidence.

As per sec 2 (62) of companies act 2013, means One Person Company is a company which has only one person as a member. An OPC is new development in corporate history in India. This forms enable a sole proprietor to convert his firm into a limited liability company and derive the advantage of an incorporated company. It is basically a private company with some unique features. OPC shall be mentioned in brackets below the name of such company, wherever its name is printed, affixed or engraved. This OPC is fit for small business where the turnover is not likely to cross Rs. 2 crore. In OPC registration it’s important to note that the nominee or director should be Indian Resident.

Choose OPC Because:

• Not required to hold annual general meeting.
• Easy Funding.
• More Opportunities, Limited Liability.
• Benefits of small scale Industries.
• Restrict the liabilities of members.
• No Interference from any third person is seen.
• Received Interest on any late payment.
• Received Interest on any late payment.Received Interest on any late payment.
• Received interest on any late payment.