Minimum director on payrol

Pvt ltd 442 views 3 replies

Hi,

1. What is the minimum number of directors required in a pvt company or OPC?

2. Also do we have to pay any minimum salary to these directors?

3. Can I be a director of a company even if I am working as full time employee in another company?

 

Replies (3)

Dear Tina,

 

There is no legal requirement on having minimum no of directors on the payroll of a pvt. ltd company,

yes, you can be a non executive director of a company, even if you are a full time employee elsewhere
 

So is there a minimum limit on executive director for private company?

Also if I am full-time employee can I open my own OPC or private company?

No Tina..there is no minimum number of director for a private ltd. company. Yes you can open an OPC or Pvt.Ltd co


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