Question
I want to register a private limited company. How many directors and shareholders do I need at minimum and maximum?
Answer
A private limited company needs a minimum of 2 directors and 2 members (shareholders), and can have up to 200 members. At least one director must be resident in India (having stayed at least 182 days in the financial year). A person can be both a director and a member. For comparison, a One Person Company needs just 1 director and 1 member, while a public company needs at least 3 directors and 7 members. Every director must hold a valid DIN and complete annual DIR-3 KYC. There is no minimum paid-up capital requirement to incorporate a private limited company.
This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.