There is no minimum Paid-up capital requirement to start a Private Limited Company. However, per the Companies
Act, a company needs to keep a minimum Authorised Capital of {1 Lac divided into 10,000 equity shares with a face
value of 3 10 each. Each shareholder must subscribe to at least 1 share to introduce a sufficient amount for running
the business. The paid-up capital needs to be deposited in the Current Account of the company as Share Capital.

Authorized capital is the maximum amount of capital that a company can raise by issuing shares at present or in the
future. Authorized capital can be increased later as well if the company wishes to raise funds through the issue of
fresh equity. Stamp duty for company registration is paid on the authorized capital.
Whereas, the Paid-up Capital refers to the actual amount paid by the shareholders for issuing shares. One can
incorporate a company in India by any amount of paid-up capital which can be less or equal to the authorized capital.

Director Identification Number (DIN) is a unique number assigned by the Ministry of Corporate Affairs (MCA). It is
issued to Individuals who want to elect as directors in a company or a designated partner in an LLP. There is only
single DIN issued to an individual. DIN can be surrendered at any time with the help of filing appropriate forms with
MCA. AlI DIN holders need to comply with DIR 3 KYC filing for DIN Activation process every year.

Digital Signature Certificate (DSC) is a token issued by the Certified Authorities. A DSC is an Signature used for filing forms with MCA by the directors, promoters, and shareholders. All the directors and the subscribers to MOA (promoters of the company) need DSC for submitting e-forms for incorporation. Director's DSC is also used while filing GSTR, ITR, and ROC forms.Digital Signature Certificate (DSC) is a token issued by the Certified Authorities. A DSC is an Signature used for filing forms with MCA by the directors, promoters, and shareholders. All the directors and the subscribers to MOA (promoters of the company) need DSC for submitting e-forms for incorporation. Director's DSC is also used while filing GSTR, ITR, and ROC forms.

Yes, you can use your residential address to register a Private Limited Company. Either the latest Utility Bill (Electricity, Telephone, Gas, and Water) or Property Tax Bill of the address can be provided as a Business Address proof. In case the property is owned by another family member, you need to attach an NOC in the form. A registered office is a place where the business receives communication from the MCA and other concerned authorities. This address is displayed on the portal of the Ministry as well. Also, the residential address used for commercial purposes may attract property tax applicable to commercial properties.