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Setting up a Private Limited Company in India requires a minimum of TWO shareholders and TWO directors. The shareholders can be the directors of the company. One of the directors, however, should be a Resident Indian.
Choosing the name of the company is a bit tricky! While choosing the name, one has to ensure that the Name
Does not resemble the name of any other already registered company
Does not violate the provisions of emblems and names (Prevention of Improper Use Act, 1950) by availing the services of checking name availability on the portal
Select, in order of preference, at least one suitable name upto a maximum of six names, indicative of the main objects of the company
Once the name is chosen, then file an application for the incorporation with Registrar of Companies (ROC), along with Memorandum and Articles of Association, particulars of directors, etc.
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