A private limited company must have at least two directors. At least one director must be a resident of India, meaning they have stayed in the country for a minimum of 182 days during the financial year.
The company must have a minimum of two shareholders. Directors and shareholders can be the same individuals, and both individuals and corporate entities are eligible to be shareholders.
A valid Indian address must be provided as the company’s registered office. Proof of address and a NOC (No Objection Certificate) from the property owner are required.
All proposed directors must have a valid Digital Signature Certificate to digitally sign incorporation documents.
Each director must obtain a DIN, which serves as a unique identification number issued by the Ministry of Corporate Affairs.
A unique name must be chosen for the company, which is not identical or similar to existing companies or trademarks. Meeting these requirements is essential before filing the SPICe+ form for incorporation.