Working Director Salary

417 views 2 replies

I and my wife are the two directors of our company. We work full time in our company

[Pursuant to sub-section (2) of section 7 and sub-section (1) of section 8 of the Companies Act, 2013 (18 of 2013) and rule 18 of the Companies (Incorporation) Rules, 2014].

I want to know, can we get salary from our company.

If yes, what is the max salary per month we get.

 

Replies (2)
As Prescribed In Resolution Passed or In an Appointment letter ,If Both are having some field of experience/expertise or professional acumen then it will be out of scope of RPT u/s 188, Appointment/ Increase in remuneration ( subject to AOA) will also be confirmed later by shateholder's by ordinary resolution

For private limited company, there is no limit for remuneration as Section 197 of the Act only applies to public companies. Both directors can take as much salary as required.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details