A Private Limited Company required at least two members in order to register, both the members can be a Director cum Shareholder of the company. A Private Limited Company can have upto 200 person as members as per the Companies Act, 2013.
Minimum Two Directors required. One of the directors must be Resident in India, ie, stayed in India not less than 182 in the previous calendar year. Proposed Directors must have a Director Identification Number (DIN) issued by the Ministry of Corporate Affairs.
C. Company Name
The name of a Private Limited Company shall end with words "Private Limited". Company Name has three parts, ie., 'The Name', 'Activity' and words 'Private Limited'. Proposed Company name is required to be approved by the Registrar of Companies
D. Registered Office Address
A temporary address is required at the time of registration of Company. It could be an address including address of any of the Directors. After registration, the company has to file the permanent business address with documentary proof of address, ownership etc.
E. Company Objects
Objects of the Company refer to proposed business activities. Company can have any legal business activities that are legal. It is advisable to identify the main objects of the company in a particular line of business. The name of the company must be in line with the main objects of the company. If the name of the company is not describing a particular object, then the company can have multifaceted objects. The objects are described under a Clause in Memorandum of Association of the Company.
F. Digital Signature Certificate (DSC)
All documents are filed online with Registrar of Companies. Online Filing of documents to be authenticated by using a Digital Signature Certificate of the Director obtained from the Certifying Authority in India.
G. Professional Certification
Services of a Company Secretary, Chartered Account, Cost Accountant is required to make necessary Certifications and declarations for incorporation of a Company.