The proposed directors of a private limited company must present the following documents as proof of identification in order to register a company:
To register a company in India, the following are minimum requirements:
A. 7 Directors – 1 Person should be an Indian National and Indian Resident.
B. A minimum of 3 Directors is required to form a Public Limited Company.
C. A minimum share capital of Rs.5 lakh is required.
D. DSC of one of the Directors is needed when the self-attested identity copies and address proof are submitted.
A sole proprietor is the sole owner of the proprietorship business. Hence, a business will be carried forward by making new bank account for the business and GST registration will be done by using PAN and Aadhar of the proprietor. The proprietor is completely responsible for all the assets and liabilities of the business.