FAQ of Company Registration
FAQ About Company Registration
1. How can I reserve the name of the proposed company?
You just need to file a spice+ form by paying Rs.1000 fees for a name reservation.
2. What is the validity period of the Name approved?
An approved name is valid for a period of
(i) 20 days from the date of approval (in case the name is being reserved for a new company) or
(ii) 60 days from the date of approval (in case of a change of name of an existing company)
3. What is the minimum number of directors required to form a company?
Minimum no. of directors for:
- One-Person Company: One (1)
- Private Limited Company: Two (2),
- Public Limited Company: Three (3) and,
- Producer Company: Five (5)
4. How many directors can be appointed by a company?
As per the Companies Act 2013, A Company can appoint a maximum of 15 directors.
5. What is the minimum number of subscribers required for the registration of a company?
Minimum no. of subscribers for:
- One-Person Company: One (1)
- Private Limited Company: Two (2)
- Public Limited Company: Seven (7) and
- Producer Company: Ten (10)
6. What is the minimum Paid-up Capital at the time of registration of a company?
The minimum paid-up capital at the time of registration of a company shall be as follows:
- One Person Company: Re.1/-
- Private Limited Company: Rs.2/-
- Public Limited Company: Rs.7/-