We calculate the dynamical tides raised on a non-rotating solar-type star by a close stellar or planetary companion. Dissipation arising from a turbulent viscosity operating in the convection zone and radiative damping in the radiative core are considered. We compute the torque exerted on the star by a companion in circular orbit, and determine the potentially observable magnitude of the tidally induced velocity at the stellar photosphere. These calculations are compared with the results obtained by assuming that a very small frequency limit can be taken in order to calculate the tidal response (equilibrium tide). For a standard solar model, the latter is found to give a relatively poor approximation at the periods of interest of several da...