A PRIVATE COMPANY mean a company having a minimum paid up share Capital as may be prescribed and which by its articles –Restricts the right to transfer its share, except in case of OPC , limits the number of its members to 200 ( for the purpose of limit of 200, PRESENT EMPLOYEES who are members and EX-EMPLOYEES who were members while in that employment and have continued to be members after the employment ceased are EXCLUDED and JOINT SHAREHOLDER are counted as SINGLE MEMBER) and prohibits any invitation to the public to subscribe for any securities of the company.
Identity Proof -Pan, Voter id ,Driving License ,Passport
Address Proof -Electricity bill, Water bill, Telephone bill
Passport size Photograph -3
Rental Agreement (if applicable)
BENEFITS OF PRIVATE COMPANY
No Minimum Capital. No minimum capital is required to form a Private Limited Company