Some common definition to make you understand some of the terms for selection of suitable options.
What is difference between Small Company and Private Limited Company?
Definition:Small Company means a Company, other than Public Company, whose paidup capital is less than Rs 4 Cr and turnover is less than Rs 40 Cr.
That means, Small Company is also a private limited company whose paid up capital and turnover is restricted to given limits.
However, above definition does not apply to a holding company or subsidiary company, a company registered under Section 8 and a company or body corporate governed by any special Act.