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picking the right company structure for your business is as important as any other business-related activity. The right business structure will allow your enterprise to operate efficiently and meet your required business targets. In india, every business must register themselves as part of the mandatory legal compliance. Before we learn how to register a company, lets try and understand the types of business structures in india.

catagories , opc, llp, plc company

mlm (multi-level marketing company) is a marketing promotional strategy in which a sales person sells the products or services for particular mlm business and recruits new sales promoters under his/ her downline to further sales of products and services. This is a system of marketing in which a hierarchal pattern is followed where the sales promoters are organized in a pyramid structure. The aim of salesman is just not to sell the product, but also to lure some more people to carry on the chain of selling the product further, and the chain goes on and on. Here the profits of the initial salesperson continuously increase as the chain grows on. This is also known as multi-level marketing, network marketing, matrix marketing, etc.

The One Person Company (OPC) in recent times was launched as a good refinement over the sole proprietorship. In OPC, a single promoter gains full authority over the company thereby restricting his/her liability towards their contributions to the enterprise. Therefore, the said person will be the sole shareholder and director (however, a director nominee is present, but has zero power until the real director proves incapable of getting into the contract). Also, there can be no opportunity for contributing to employee stock options or equity funding.

Nidhi Company is a type of Non-Banking Financial Company(NBFC). It is formed to borrow and lend money to its members. It inculcates the habit of saving among its members and works on the principle of mutual benefit. These companies typically operate in the southern part of the country.
Nidhi Company isnt required to receive the license from Reserve Bank of India (RBI), hence it is easy to form.

Looking to register your company as a private limited company? Registering your company as a private limited company is difficult as the procedure is complicated and involves many compliances. Do not fear as our experts can help you in every step of the private limited company registration.

An NGO can be listed as a Section 8 company following the Companies Act 2013 or as a trust supporting the Trust Act 1882 or as a society under the 'Societies Act 1860'. Section 8 Company Registration is the method of incorporation of an NGO under the 'Companies Act 2013'. Any company under section 8 can be registered for promoting 'Art', 'Science', 'Commerce', 'Technology', 'Sports', 'Education', 'Social Research', 'Social Welfare', 'Religion', 'Charity' and 'Protection of Environment' etc.

getting a license for finance company registration in india is one of the most difficult tasks. This is because with finance word added with your company name, every person will see you suspiciously as in you are doing some fraud or fooling people with unwanted schemes. Further even the government looks at you suspiciously and hence does not grant the finance license so easily.

to know why people look at the finance business suspiciously, one needs to go through the history of finance companies in the 90s when everyone was doing the finance business and fooling people around and doing fraud of crore of rupees.

with this entire brief introduction, let us understand how one can start a finance company in india and what the best possible options one can avail.