Here’s quick way to classify of Company on the basis of Nationality in India

On the basis of nationality, the companies can be divided into two categories, i.e. Indian company and foreign company.

(1) Indian Company:

A company which is incorporated in India and registered under Indian Companies Act, 1956, whether operating in India or outside India is called Indian company.

(2) Foreign Company:

The company which is incorporated outside India but has a place of business in India through its branches or agencies is known as foreign company.