Frequently Asked Questions
Q1: How many directors are required for company formation?
A1: Minimum two directors for Private Limited Company.
Q2: Is company registration mandatory for startups?
A2: Not mandatory, but beneficial for growth and funding.
Q3: What is the minimum capital requirement?
A3: No minimum paid-up capital requirement currently prescribed.
Q4: How long does company formation take?
A4: Usually completed within 7–10 working days.
Q5: Is annual compliance mandatory for companies?
A5: Yes, annual filings and statutory compliance are required.