Firstly we talk about the company. A company is any entity engages in business. A company can be made in different ways. Your Company is a sole proprietorship, a corporation, or a partnership. It all depends on the different types of companies you are dealing with. It may be handled by a single person or a group of people. There are various types of companies and if you own it you have to take care of your accounts, income tax return, transfer pricing International transaction, etc.