In India, the formation/incorporation of a company is governed by The Companies Act, 2013. According to The Act, following types of companies can be formed in India:

1 Public Company– A company may be formed for any lawful purpose by seven or more persons, where the company to be formed is to be a public company.

A company may be formed for any lawful purpose by seven or more persons, where the company to be formed is to be a public company. 2 Private Company – A company may be formed for any lawful purpose by two or more persons, where the company to be formed is to be a private company.

A company may be formed for any lawful purpose by two or more persons, where the company to be formed is to be a private company. 3 One Person Company – A company may be formed for any lawful purpose byone person, where the company to be formed is to be One PersonCompany that is to say, a private company, by subscribingtheir names or his name to a memorandum and complyingwith the requirements of this Act in respect of registration.

A company may be formed for any lawful purpose byone person, where the company to be formed is to be One PersonCompany that is to say, a private company, by subscribingtheir names or his name to a memorandum and complyingwith the requirements of this Act in respect of registration.