Private Limited Company is the most popular registered entity in India. Section 2(68) of Companies Act, 2013 defines private companies are those companies whose articles of association restrict the transferability of shares and prevent the public at large from subscribing to them.
Private Limited Company can be formed with minimum 2 Directors (Maximum 15) and minimum 2 Shareholders (Maximum 200).
Includes the Following
Includes everything in Standard Plus
Minimum of 2 directors are required to register a private limited company. The maximum number of director is 15.
Minimum of 2 members required to register a private limited company. The maximum number of members is 200.
Additional Fee of Rs 2,000 per Director towards DIN and Digital Signature
No, professional or educational qualification is required to become a shareholder in the private limited company. Any individual in the capacity of the person, with the sound of mind, can become a director.
Yes. Any individual intends to become the director of the company must apply to Director Identification Number
The Registered Office does not mean to be owned only; it can be rented premises also. No objection Letter is also required.
Yes, any foreign nationals, entity or an NRI can become a director or shareholder of a private limited company in India.
Yes, a private company is allowed to have foreign direct investment in their company.