Types of Companies in Accounting
Apr 3, 2021
Types of Companies in Accounting
There are five types of companies in accounting and each one have different categories. Now we explain all separately as under the following:
1. On the basis of incorporation
a) Statutory company
b) Registered company
2. On the basis of the number of members
a) Private company
b) Public company
c) One person company
3. On the basis of liability of members
a) Company limited by shares
b) Company limited by guarantee
c) Unlimited liability company
4. On the basis of control
a) Holding company
b) Subsidiary company
5. Other Types
a) Government of company
b) Foreign company
c) Dormant company
d) Listed company
e) Small company
f) Associate company
g) Company not for profit
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