Private Limited Company is one of the most popular types of business structures. This entity is required to have at least two directors and members. What's more, unlike other entities, if there are defaults in a Private Limited Company, crediting organisations such as banks or creditors can only sell the company's assets. This means the director's assets are safe and his or her liability is limited.
Number of Directors- Minimum 2 and Maximum 15.
Number of shareholders- Minimum 2 and maximum 200. However, one person can act as both director and shareholder.
Citizenship- At least one director should hold Indian Citizenship.
Minimum Authorized Share Capital Rs. 100,000 (INR One Lac)
Passport Size Photograph
Copy of PAN Card
Copy of Electricity Bil
Sale Deed (if owned)
Copy of Aadhar Card
Address Proof (Bank Statement/Mobile/Telephone Bill)
Copy of Rent Agreement(if rented)
Stage 1: Application for Company Name Reservation
Stage 2: DSC (Digital Signature) of two directors
Stage 3: Application for Certificate of Incorporation by submitting Final Documentation (like AOA, MOA, Consent Letters, and Business Address Proof etc.) including an application for DIN, PAN & TAN