Who can start a Private Company in India?
As Such, there is no restriction for anybody to start a Private company in India.
· A student who is above 18 years of age, can start a private Company in India.
· Companies usually limit their employees from founding a firm and serving as a director. They may own shares, but they are not permitted to serve as directors. Check your employment contract if you wish to start a business, and you can also ask your employer for approval.
· A person who has a criminal background needs to submit various declarations to ROC.
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