Different Types of Company Registrations are

• Limited Liability Partnership

Governed by LLP Act 2008, Limited Liability Partnership is a hybrid structure that combines the benefits of a partnership with that of a limited liability company. Being one of the easiest forms of business to incorporate and manage in India, LLPs are preferred by professionals and small businesses that are family owned or closely-held. LLPs are best suited for businesses that has plans for raising equity funds during its lifecycle. Firms, private companies and unlisted public companies also can convert itself into LLP. A Limited Liability Partnership registration involves much lesser compliance issues when compared to a PLC registration. Brandezy is one of the most affordable and reliable service providers for Limited Liability Partnership registration in India.



• Private Limited Company

A private limited company is a privately owned business entity with a business structure that limits the liability of the owners to their shares and restricts shareholders from publicly trading shares. Private Limited Company is the most popular type of corporate legal entity in India and needs to get registered with Ministry of corporate affairs - MCA.

A private limited company, can be registered with a minimum of two shareholders and two directors. While an individual person can be both a director and shareholder, a corporate legal entity can only be a shareholder. Foreign nationals, foreign corporate entities or NRIs can be Directors and/or Shareholders of a Company with Foreign Direct Investment, hence ideal for foreign promoters



• One Person Company

According to Section 2(62) of the Companies Act, a one person company is a company that has only one person as its member. The concept of OPC was introduced to support entrepreneurs who are capable of starting a venture on their own, by allowing them to create a single individual economic entity. To incorporate a one person company a minimum of two persons over the age of 18 years (1 Director and 1 Nominee) are required. Both have to be Indian citizens and residents. Every One Person Company (OPC) needs to have a nominee Director in the MOA and AOA of the company. This nominee will become the owner of the OPC in case the sole Director is disabled. An OPC must be converted into a PLC once the annual turnover crosses Rs. 2 crores and needs to file audited financial statements with the Ministry of Corporate Affairs at the end of each Financial Year. It is very important for the Entrepreneur to carefully consider the features of a One Person Company prior to incorporation.

Brandezy is the market leader in company incorporation services in India, offering comprehensive and cost effective OPC incorporation services to its clients for many years.



• Proprietorship Form

A proprietorship firm is the simplest form of business registration where the responsibility of operation and running the business lies solely with the owner. In proprietorship firm, only a single person can control, manage and invest entire capital, assets and bear all the profit or loss of the company.



• Trust

Public Trust is the preferred way of starting a non-governmental organization or NGO in India. A trust is created for the benefit of the general public and objectives can include eradicating poverty, providing education to the underprivileged, offering medical relief, or promoting the arts, science and literature. In India, there are no specific laws to govern the public trust and Trusts and Societies get registered under State Government regulations. A minimum of two trustees are required for registration while there is no upper limit for the number of trustees. It is to be noted that trusts are irrevocable which means they cannot be amended or terminated without the permission of the court.