Get a Quote
Get a Quote and Find Services to Fit Your Needs 50000+ Satisfied Clients
5000+ Licenses & Registration
15 Branches across India
75 Years + Combined experience
Preface: This post was originally published in 2022 and has been updated on August 8, 2025, to provide you with the most current and accurate information.
The Ministry of Corporate Affairs (MCA) is an Indian Ministry established in 2004, upon bifurcation of erstwhile Department of Company Affairs from the Ministry of Finance. The MCA is responsible for administering and regulating the companies and other business entities in India. In this blog post, we shall discover the types of MCA companies.
MCA stands for the Ministry of Corporate Affairs. Established in the year 2004, this Ministry is responsible for overseeing the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act 2008, and the various types of businesses registered under these Acts. It also oversees the Insolvency and Bankruptcy Code 2016.
The Registrar of Companies (ROC), a government department under MCA, is responsible for registering companies in India. It issues the certificate of incorporation to newly registered companies. It is also responsible for issuing the certificate of commencement of business - a legal document essential for commencing business operations. The Minister of MCA is Smt. Nirmala Sitharaman. The headquarters of MCA is situated at Shastri Bhawan in New Delhi.
The types of companies India registered with the Registrar of Companies, Ministry of Corporate Affairs, are mentioned below:
It is the type of company recommended for Business. The cost of registration of the private limited company is cheaper than the cost of registration associated with a public ltd co in India. A private limited should have a minimum of 2 members and can have a maximum of 200 members. In this company, liabilities are limited.
The personal assets of members are generally not at risk in case the business incurs debts or losses. People mostly prefer this company model for fundraising. The degree of operation and ownership can easily separate in this type of company.
It is the type of company that can be started by a single member. OPC is the latest form of company in Companies Act, 2013. Before this Act, there was no such concept of an OPC in India. In this type of business, one person can become the director as well as the shareholder. It is a bit similar to the private limited company as the degree of operation and ownership are on a separate basis.
OPC gives wings to a single individual to form the company under full control. It is done without any interference from another person. This type is easy for an entrepreneur to directly target the market.
Fundraising from banks and the financial institution is easy. People who are Indians and are residents of India can form an OPC. An OPC must have at least one director and can have a maximum of 15 directors. It is possible for the OPC owner to be the director as well.
This is a publicly held company. A large amount of capital investment can easily be obtained. These types of companies are considered to be a more transparent business model as compared to other business structures. To form a public limited company, a minimum of 7 members are required. There is no upper limit on the number of members a public ltd co can have.
For getting publicly listed on a stock exchange and launching an IPO, it is essential to choose a public limited company model. Investors get the choice of transferring their ownership in this company without any hassle by just selling the shares.
The section 8 companies are basically formed to encourage arts, science, sports, education, research, social welfare, religion, charity, etc. These kinds of businesses do not play any vital role in profit.
These companies are non-profit making companies. Their goal is to do good for the society or environment. The section 8 company prohibits the payment of any dividend to its members.
Previously, it was defined as Section 25 Company under Companies Act 1956. However, due to enforcement of Companies Act 2013, it started being known as a Section-8 Company.
Nidhi Company comes from the Hindi word “Nidhi”, which means fund. These are the Non-Banking financial corporations. These are also known as mutual benefit funds. In the corporate scenario, the Nidhi company is known as a member benefits company.
Companies are formed for the welfare of the members and to increase saving habits. Nidhi Companies are most common in South India, and 80% of these companies are situated in Tamil Nadu.
There are various types of companies registered with the MCA. They are Private Limited Companies, One Person Companies, Public Ltd Companies, Pvt Ltd Companies and Nidhi Companies. Each type of company has its distinct features, advantages and disadvantages. If you want to establish a company, and need assistance in choosing the right company structure, you can get in touch with Company Registration consultants at Registrationwala. Apart from helping you decide the right structure, we can also assist you in the company incorporation process with the MCA!
Q1. Who is the Minister of the Ministry of Corporate Affairs?
A. The Minister of MCA is Smt. Nirmala Sitharaman.
Q2. What are the different types of company registration in India?
A. The different types of company registration in India include OPC Registration, Section 8 Company Registration, Private Ltd Company Registration, Nidhi Company Registration and Public Limited Company Registration.
Q3. What are the different types of companies in India?
A. The different types of companies in India are pvt ltd co, public ltd co, one person company, nidhi company and section 8 company.
Q4. How to verify an MCA registered company in India?
A. To verify a MCA registered company, you can visit the official MCA website and search the company’s name in the MCA master data.
Q5. How to check the Ministry of Corporate Affairs company name?
A. To check the details of a company registered with the Ministry of Corporate Affairs using the company name, you must visit the official MCA portal and use MCA master data. In the search box, you must type the company name and then all the relevant information related to the company will be displayed on your screen.
Want to know More ?
