How many directors and shareholders are needed?

Name: Vijay R Singh & Co.
Address: Office No. 4, Vishal CHSL, D Wing, Sir Mathuradas Vasanji Road, Azad Nagar, Opp. Andheri Gymkhana, Andheri East, Maharashtra, 400069, IN
Telephone: +91 98607 23959

CA Vijay R Singh, FCA
Chartered Accountant · ICAI M.No. 153926 · FRN 136869W

Short answerA Private Limited company needs a minimum of 2 directors and 2 shareholders (the same people can be both), and at least one director must be resident in India (in India for 182+ days). The maximum is 200 shareholders.

Minimums

2 directors, 2 shareholders, and at least one resident director (182+ days in India). Confirm the resident-director day count.

Same person can be both

Two people can serve as both directors and shareholders, so a company can start with just two individuals.

NRI Taxation

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This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.