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There are one person companies and private limited companies where 2 or more members are mandatory both of which are legal forms of business.<br><br>However, in case of one person companies, there are several restrictions with respect to the share transfer, external investments etc.<br><br>A normal private limited company is more flexible in terms of ownership and share transfers.<br><br>Anyways whether to go for one person company or private limited company is based on personal preferences.
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There are one person companies and private limited companies where 2 or more members are mandatory both of which are legal forms of business. There is no fixed price or cost for registering a Private Limited Company in India. There are a number of dependent variables that determine the cost of incorporation of a Private Limited Company in India such as the location of registered office, number of directors, amount of authorised capital etc. Is it better to have 1 owner or 2 owners for an LLC? How much does a Private Limited Company Registration cost in India?
However, in case of one person companies, there are several restrictions with respect to the share transfer, external investments etc. Anyways whether to go for one person company or private limited company is based on personal preferences. A normal private limited company is more flexible in terms of ownership and share transfers.
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