A Company is a separate legal entity, independent of its promoters and is registered under The Companies Act, 2013. To register a company, we need at least two person as the shareholder and director, who can be same persons. However one of the directors must be resident in India. A Company is a favorite form of business for Startup India, where the biggest benefit is the concept of limited liability to its shareholders. The Banks, Financial Institutions, and Angel Investors Invest only in a Company form of business. Hence we strongly advise registering a company for your business.