Question

What is the minimum number of members to set up a private company?

Answer 1

Answer:

2

The minimum number of members needed to form a private company is at least 2 members. The minimum number of members needed to form a Public Company is at least 7 members. The Maximum number of members in a Private Company is restricted to 200. The Public Company have no restriction on a maximum number of members.

Answer 2

2 members.

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