A public limited company is a company other than private limited company. In this case, there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. However, the liability of a director / manager / officer of such a Company remains unlimited under certain circumstances. The minimum number of shareholders is 7 (Seven).

Private Ltd Registration:-

A private limited company is a company that restricts the right to transfer its shares i.e. the shares of private limited company are not freely transferable under the companies Act, 2013.  It can have a maximum of 200 (Two Hundred) shareholders and it cannot invite public for subscription the liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 2 (Two). Setting up of business via this route is generally adopted by small business concerns.

Limited Liability Partnership (LLP) Registration:-

LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP. LLP can continue its existence irrespective of changes in partners. Further, in LLP, no partner is liable on account of the independent or unauthorized actions of other partners, thus individual partners are shielded from joint liability created by another partner’s wrongful business decisions or misconduct.

One Person Company:-

Recently introduced in the year 2013, an OPC is the best way to start a company if there exists only one promoter or owner. It enables a sole proprietor to carry on his work and still be part of the corporate framework. An OPC is incorporated as a private limited company, where there is only one member and prohibition in regard to invitation to the public for subscription of the securities of the company.

Sole Proprietorship:-

A sole proprietorship can be explained as a kind of business or an organization that is owned, controlled and operated by a single individual who is the sole beneficiary of all profits or loss, And responsible for all risks. It is a popular kind of business, especially suitable for small business at least for initial years of operation. You can choose what business structure suits your business needs best and accordingly register your business.