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Doing Business in India
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Accounting & Bookkeeping
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Companies in India
The incorporation, formation and operation of companies in India is governed by The Companies Act, 1956. For commercial ventures, generally two types of companies limited by shares are formed viz. private company or public company. Hence, foreign investment can be either in a private limited company or in a public limited company. For forming a private company a minimum of 2 persons are required and for a public company a minimum of 7 persons are required.
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