An unregistered business entity that is owned, managed, and controlled by a single person is called a sole proprietorship. This is one of the most common forms of business in India used by micro and small business operators.
Under section 2 (68) of the company act, 2013 Private company mean company incorporated under the company’s act 2013 having paid-up share capital as may be prescribed, and which by its articles and has a separate legal entity, with the limited liability
One Person company means company incorporated under the company’s act 2013 having only one person as a member. It is a new form of business which is came into existence through the companies act in the year 2013. It is a form of business having a separa
As per section 4 of the partnership act 1932, the partnership is the relationship between persons who have shared the profits of business carried on by all or any of them acting for all. The one who have entered into partnership with another
BRANCH office is set up in India by a foreign company to conduct the Branch operation for its business. The foreign company may have any revenue from the Indian branch office only from the activity permitted by the Indian Reserve Bank.
A Liaison Office (LO) serves as a representative office formed specifically for exploring and understanding the business and investment climate. A Liaison Office (also known as the Representative Office) can only undertake specified liaison activities.
A producer company is a corporate body regulated by the provisions of Chapter IXA (Sections 581A to 581ZL) of the Companies Act, 1956 (CA, 2013 has no clear provision concerning producer companies and thus Chapter IXA of the Companies Act, 1956