• Minimum seven persons can promote a Private Limited Company. There is no limit on maximum members of a Public Limited Company.There has to be three directors for starting a Public Limited Company.

• Any person of 18 years and above can become Director of a Public Limited Company. A natural person of any nationality can become a director in a Public Limited Company. The only condition is that there should be minimum one Indian resident as director of Public Limited Company.

• A Public Limited Company can be started with any desired amount of capital investment.

• No. You need not visit MCA office or our office to incorporate a company. 

• With the help of MyEfilings you can incorporate your company in 15 to 20 days’ time. There is nothing like fast track incorporation. Processing time with the Government department is same for everyone. Yes, we can incorporate your company quickly by saving processing time at our back office. We request timely submission of documents from your end.

• Directors of all the incorporated Companies have to register themselves with MCA by providing some details. On receipt of those details MCA allots them a unique number. That number is called Directors Identification Numbers (DIN). There can be only one DIN per person.

The maximum amount of share capital the Memorandum of Association authorizes the company is the authorized capital of a Private Limited Company.

The amount of money for which shares are issued to the shareholders and, in turn, the payment is made by the shareholders is the paid-up share capital of a company.

• Yes, a NRI or Foreign National can be a Director in a Public Limited Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident of India.