You can insert as many descriptions for a company as you want.
<COMPNLS_PROC_TYPE>
Mandatory
Processing type.
Allowable values: I, U, and N.
'I' means that the object is to be inserted. ‘U’ means that an update is to be performed. ‘N’ means that the description is not processed; that is, neither inserted nor modified. ‘N’ is not required for the language dependent descriptions, only for companies.
<COMPNLS_NLS_ID>
Mandatory.
Allowable values: All languages defined on A.10.01 Languages.
<COMPNLS_SHORT_DESC>
Mandatory.
Language dependent short description for a company.
<COMPNLS_DESCRIPTION>
Mandatory.
Language dependent description for a company.