Fastest Private Limited (Pvt. Ltd.) Company Registration In India | Same Day Process
A Private Limited Company is an organization that is privately owned by a small group of persons. Hence it is also known as a privately held company. The Companies Act, 2013 regulates the Private Limited Company and governed by the Ministry of Corporate Affairs. Private limited company can be registered with minimum of 2 directors and 2 shareholders, where shareholder and director can be same person. The maximum number of directors can be 15 and the maximum members can be 200.
Eligibility to form Private Limited Company
- Number of Directors- Minimum 2 and Maximum 15.
- Number of shareholders- Minimum 2 and maximum no limit. However, one person can act as both director and shareholder.
- Citizenship- At least one director should hold Indian Citizenship.