Different types of company
Business
enterprises or organization is defines as a unit of people or social group
constructed for some special economic goals. The main activity of an
organization is goal oriented and they have a clear road map & coordination
in respect of duties and responsibilities. These human beings fully coordinated
in respect to their assign activity.
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| Different types of company |
Registered
company –
Any
company, which is formed under a law & have a registration under company
act or under other company low. These law passed by the Government of India.
Statutory
company –
A company
which is formed under a special act of legislature, we normally call them as
statutory company like – Reserve Bank of India (RBI), State Bank of India
(SBI), NHAI etc.
Chartered
company –
This is
the starting model of the company, where a Queen or King grante these types of
company. Greater Britain king normally formed lot of company like British East
India Company or Bank of England etc.
Foreign
company –
A company, which is established at outside the India but currently managing their
business operation in India also. These known as a foreign company or multi-national
company.
