Minimum requirements to start an it company

DEAR SIR, 

The basic requirement for formation of company in India is are follows

1. Minimum of 2 directors

2. Minimum of 2 shareholder

3. where the director or shareholder can be the same person

4. minimum share capital Rs. 100000 ( INR one lac)

5. Director identification number

6. Digital signature of one director

With the passing of Company Act, 2013 the opportunity for incorporation of company by individual be more easy. Any individual can form one person company as a director where the requirement limits for director identification number and share holder is only one.

Where the company exceed the limits of 10 employees , the requirement for taking provident fund becomes mandatory. 

After incorporation, For running their business obtaining PAN  for a company is mandatory, and for filing their income tax return, obtaining tax id is mandatory. 

if any further query mail to me askcommercials@gmail.com

Hi,

Please visit following links to know the company registration procedure and government cost to register the same:

https://www.ngoandtaxconsultant.in/2013/10/company-registration-procedure.html

https://www.ngoandtaxconsultant.in/2013/10/company-registration-cost.html

Hope it helps you.

Hi,

Please visit following links to know the company registration procedure and government cost to register the same:

https://www.ngoandtaxconsultant.in/2013/10/company-registration-procedure.html

https://www.ngoandtaxconsultant.in/2013/10/company-registration-cost.html

Hope it helps you.