Start or Register a private limited pvt ltd company with GST registration. Online Registration in India at Just Rs. 1999*. Get TAN, PAN,DIN, DSC, Name Check. Its dream of everyone to be Managing Director of his Business, and one can fulfill this dream by registering or incorporating his business as a company. Private Limited Company registration is the most popular and most desirable option for doing business. A private limited company can have a minimum of two directors, two shareholders with the maximum limit of twelve directors, and two hundred shareholders. It has a distinct person under the law, and there is limited liability of the shareholders of a private limited company. In a case of default, banks/creditors can only sell the Company's assets but not the personal assets of the shareholders.