3 - BUT, bear in mind that this is referring to Workers' Comp insurance - not liability. A company is liable to its workers (sometimes even 1099 contractors) when there's only 1 worker. And, the business owner should carefully consider covering himself. See the link below for more info.
50 employeess
minimum of 500
One. Workers compensation insurance can be carried on a one person company or not. However, if the company employs more than just the owner, workers compensation insurance is required.
10
20 employees required for enrollment in provident fund scheme
legally, they are required to. However, employers that do not keep records of the employees actual wages don't pay their employees minimum wage if gratuities are not paid.
TWO
minimum of two promoters should be there in a company
The minimum number of directors required to register a Private Limited Company in India is two, and the minimum number of shareholders required is also two. The same individuals can be both directors and shareholders. The maximum number of shareholders allowed in a Private Limited Company is 200.
7
The absolute minimum number of employees trained to do payroll is 2. Depending on the size of the organization, more employees may need to be trained on the payroll system. Payroll utomation or using an outside payroll company can reduce the number of employees required or make a payroll department obsolete.
An SAOG is also a joint stock company, but the minimum capital required for this type of company is 2 million