What is Private limited company?

Private Limited Company registration is the most popular legal structure option for businesses in India. A private limited company can have a minimum two members and maximum fifty members. The directors of a private limited company have limited liability to creditors.

In a case of default, banks/creditors can only sell company’s assets but not personal assets of directors. If you want to start a company in India then make sure your company is registered as Company Registration should be your first priority.

It is very important to register your company as a registered company have multiple advantages from easy to register to easy to dissolve.

  • Start-ups and growing companies prefer private limited company as it allows outside funding to be raised easily, limits the liabilities of its shareholders and enables them to offer employee stock options to pull in top talent.
  • Private Limited Company Registration can be done through Accountric Global Business in any cities of India.
  • We will help you with the company formation procedure and new company formations procedure. All the company registration information will be given to you by our experts.


    • Private Limited Company Benefits

  • It is flexible and has limited liability
  • Greater capital contribution and greater stability
  • Possibility to grow big and expand

What is Public Limited Registration?

Public Limited Companies are companies whose shares are traded in stock market or issues fixed deposits. For Public Limited Company Registration, the company must have minimum number of 3 Directors, 7 Shareholders and Maximum 50 Directors and need Rs 5 Lakhs of Paid up Capital.

A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency.

    Choose Public Limited because

  • More preference is given to public limited company in giving loan.
  • By following compliance public limited company can list its shares on stock exchange.
  • Shareholders can transfer their Shares with great ease.
  • Limits the liabilities of its partners.

What is OPC Registration?

An OPC is one of brain child of companies Act, 2013.

Choose OPC because

The following is the eligibility guidelines for OPC Registration in India.

  • Can have more than 1 directors, but the shareholder cannot be more than 1.
  • Not affected by the death of a member or shift in ownership. Not affected by the death of a member or shift in ownership.
  • Effortless to set up and maintain comparatively.
  • Restricts the liabilities of its members.
  • Minimum Paperwork is needed.
  • Can work as Stockbroker or Sub-broker
  • Not multiple compliances
  • No interference from any third party is seen
  • Even no person is permitted to incorporate more than 1 one-person company.

A forward-thinking innovative idea was launched which promotes the incorporation of micro-businesses and persons with entrepreneurial ideas and to give a boost to entrepreneurs who have high potential to begin their venture by permitting them to build a single person company.


You can easily register one person company under the outlines of the companies Act 2013 and the laws thereto, where it was made viable for a single person company to work as a company without the complexity of having partners. This encourages more people to come forward to commence a business. The OPC is fit for small businesses where the turnover is not likely to cross Rs. 2 Crores. IN OPC Registration it’s important to note that the nominee or the director should be Indian Resident.


One Person Companies are benefiting largely in developing the overall economy of India. More and more Entrepreneurs are coming up and commencing their business. By incorporation of OPC, the company can enjoy the benefits in banking point and are eligible for Banking loans, credits. So, if you want to start up your own business, you don’t have to worry about all the network and slow processes.

What is Limited Liability Partnership (LLP) Registration?

LLP launched in India by way of the Limited Liability Partnership Act, 2008.

The main edge of a Limited Liability Partnership is one partner is not liable for another partner’s misconduct or negligence. LLP is favoured by Professionals, Micro and Small businesses that are family-owned or closely-held.

Limited Liability partnership offers the benefit of limited liability to its owners and at the same time needs minimal maintenance. The owners of a private limited company have limited liability to creditors. In case of default, banks/creditors can only sell the company’s assets and not the personal assets of directors.

An LLP also gives limited liability protection for the owners from the debts of the LLP. Accordingly, all partners in an LLP enjoy a kind of limited liability protection for every individual’s protection within the partnership, related to that of the shareholders of a private limited company.

Limited Liability partnership offers the benefit of limited liability to its owners and at the same time needs minimal maintenance. The owners of a private limited company have limited liability to creditors. In case of default, banks/creditors can only sell the company’s assets and not the personal assets of directors.

    Choose LLP because

  • Dual advantages- Company and a Partnership
  • No partner will be responsible for other partner’s misconduct
  • Cheaper to incorporate than a private limited company
  • Limits the liabilities of its partners

Producer Company Registration

A Producer Company is introduced in India with the Companies Act, 2013. It gives persons engaged in activities related to producing (what has been grown or produced, particularly by farming) the opportunity to form a company. A producer company can be formed by 10 or more producers (persons involved in, or in activities related to, produce or growth), two or more producer institutions or a combination of 10 or more producers and producer institutions. Such a company can only have equity capital, require a minimum of five directors and an authorised capital of Rs. 5 lakh. The procedure for forming a Producer company is similar to the one for forming a private limited company.

Marketing Businesses


Even a business involved in the marketing or promotion of primary produce or provision of educational services to members and others can constitute itself as a producer company.

Technical Service Businesses


Any business offering technical assistance to producers, providing training and educational services or conducting research and development can register as a producer company.

Financing Businesses


Any business financing producer activities, be it in the production, marketing or development domain, can register itself as a producer company.

Infrastructure Businesses


Businesses involved in providing infrastructure to producers, whether in the form of electricity, water resources, irrigation techniques, land utilisation, or consultation with regard to the same, may constitute themselves as a producer company.

Service Businesses


Any business offering technical assistance to producers, providing training and educational services or conducting research and development can register as a producer company.

FinancE Businesses


Any business financing producer activities, be it in the production, marketing or development domain, can register itself as a producer company.

Section 8 Company

They may have been registered as private limited or public limited companies.

This section may convert itself into company of any other kind only after complying with such conditions as prescribed.

Section 25 Company (under Companies Act, 1956) is a prior version. Section 8 Companies are a legal form for Non-Profit Organizations (NPOs) or Non-Governmental organizations (NGOs). A Section 8 Company has the authority to work anywhere in the country.

These are limited companies, registered under the Companies Act, and will be treated as limited companies without the phrase “limited” added to their name.

    A Section 8 Company is a Company which:

  • Is incorporated for the promotion of commerce, art, science, education, research, sports, charity, social welfare, religion, protection of environment or any such other object.
  • It intends to apply all its profits, income, or other earnings, in promoting these objects.
  • Pays no dividend or income to its members.

Nidhi Company

The feature that differentiates Nidhi Company from other companies/NBFCs etc. is that Nidhi deals with deposits from and loans to its members (shareholders) only, and works for the mutual benefits of its members. Accordingly, certain exemptions have been provided to these companies in respect of annual compliances and taxation.

Nidhi Companies in India are formed, governed, and regulated by Section 406 of the new Indian Companies Act of 2013, the Companies (Nidhi Companies) Rules of 2014, and the Chapter XXVI of the Companies Rules, 2014.


The objective of incorporating a Nidhi Company is to encourage savings as well as frugality amongst its members. To fulfill this objective of cultivating the habit of saving and thrift amongst its members. Nidhi companies are allowed to take a deposit from and lend to the members only. In other words, the funds contributed to a Nidhi company come only from its members (shareholders) and are to be used only by the shareholders of the Nidhi Company.


Nidhi Company is a certain category of NBFC. Though not directly regulated by the RBI, still RBI has powers to issue directives for them related to their deposit acceptance activities. Moreover, because these Nidhi deal with their shareholder-members only, they have been exempted from the core provisions of the RBI Act and other directions applicable to NBFCs. Therefore, Nidhi Company is an ideal legal entity to take a deposit from and lend to a specific group of people.