What are the types of companies in India?

There are many different types of companies in India. The most common of these are listed below:

1. PVT Ltd (Private Limited Company): This type of company is the most common and popular. The number of partners can range from 2 to 50 and the activities of the company are limited. The company's profits are shared and a company can have a bank account.

2. LLP (Limited Liability Partnership): This type of company can be established between at least 2 partners and provides limited liability. The partners' liability is limited and the company's profits are shared.

3. OPC (One Person Company): This type of company can be established and managed by a single person. The owner of the company takes full responsibility for the company.

4. Public Limited Company: This type of company is a publicly traded company and its shares can be traded on the stock exchange. Must have at least 7 partners.

5. Section 8 Company: This type of company is established as a non-profit organization. It often operates for social services or charitable purposes. These are some types of companies available only in India. Other types of companies also exist, but the above are the most common. When choosing a company type, it is important to choose the one that best suits your business type and objectives.