Company Formation
Formation of a company is the agreed first step towards a starting happening a business. Company Registration is one of the most dominant services on which our unconditional is lively in Agamkuan. People find the maintenance for competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is utterly online we at Meerad provide our client afterward fastest Registration facilities in a cost efficient and timely manner.
A allocation from Company registration we also manage to pay for gamut of facilities which is one of the major advantage any trailblazer shall have if they hire us for the registration process. We have a top to culmination timeline of 7 effective days for completing any type of Company registration in Agamkuan provided the documents as provided by the client is satisfactory and the information final by him is fixed idea in anything respect.
Company by definition is a separate authenticated entity sure from its members or directors. Initially a minimum of 2 members were required for incorporating a company but Companies Act, 2013 has brought the concept of One Person Company whereby isolated a single supporter can incorporate a company subject to positive terms and conditions.
Before going for registration it is indispensable to decide which type of company shall be best suited for the purpose. The main strive for of this article is to incite you pick the best event format.
WHY COMPANY?
- In order to pay for your idea a platform to present yourself in the keen business environment.
- Because it has centralized registration and by yourself one certify will serve whatever over the country for the direct of entering into arrangement or agreements, and local office can plus be opened in the name of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global admission and shall bring the matter at par as soon as global stakeholders and competitors.
STEPS INVOLVED IN INCORPORATION OF A COMPANY
STEP 1: CHOOSING THE BEST SUITED BUSINESS FORMAT
Once the business area is ascertained, the definitely next step is choosing the type of thing registration. Various factors which are required to be kept in mind while choosing a matter format are:
- Number of partners or members energetic in the business
- Activity proposed to be undertaken
- Area where such bustle shall take place
- Investment required in the business
- Budget allotted to business registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique reveal of the company. A company read out generally consists of 3 parts, First Part is the Part we pick and it must be unique in all respect, Second Part defines the business argument proposed to be undertaken or Place of work of the company, like construction, education, services etc, Last part determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first ration is the most mysterious process. The state must be identical in anything respect and must pretend mere similarity to any existing company or registered Trademark.
Search power is available on MCA portal whereby the clients can check the availability of name on both mca as well as register of Trademark.
Ministry of Corporate Affairs has moreover introduced a unique broadcast reservation facility whereby the promoters can meet the expense of 2 herald and if the make known is manageable MCA shall reserve such post which shall be affable for registration for the neighboring 20 days. Clients can along with avail this gift by paying other cost for read out reservation.
STEP 3: PREPARATION OF DOCUMENTS AND FORMS
Documents are prepared and various forms are filled in order to start the process of Company Registration.
STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE
Class II Digital Signature Certificate is required for filing various forms similar to MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best case the business ruckus of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything the forms are filled and signed it is then uploaded on the mca portal and based on the documents attached and subject to the availability of names and everything other applicable rules and laws MCA shall issue certificate of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian exploit provides for basically three types of companies, depending upon the number of members and proposed excitement you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a completely new concept whereby a single person can incorporate a company, this company comes under the definition of a Private limited Company.
Person incorporating the company must notify at the become old of captivation a Nominee who in the matter of death or incapacity of the member shall became the advocate of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be on your own one shareholder.
Restriction upon One Person Company:
There shall be on your own one believer in the company.
- The Authorised allowance capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a perfect financial year shall not at any lessening exceed Rs. 2 crore.
In the concern of non compliance of any of the above mentioned three points, the Director of the company shall compulsorily convert the One Person company into Private or Public Company.
Documents/Information Required for Incorporating an OPC
- Sole Member and Nominee
- A copy of PAN
- A copy of Voter ID or Driving License or Aadhar Card
- Upto date bank passbook or bank upholding or utility savings account in the reveal of devotee or nominee.
- 2 Passport size photograph
- Mobile Number and E mail Id
- For Registered Office
A copy of Electricity Bill or A copy of Gas bill and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall subside with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited issue format whereby a minimum of 2 members can incorporate the company by fulfilling sure formalities. Private limited company does not have any restriction with idolization of number of members or turnover or ration capital as there is like the one person company. So a person can get business in hassle free manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any tapering off of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a aficionada can transfer his/her allowance only after taking inherit of all the further shareholders.
- A private company cannot have enough money directly to public to subscribe for its securities.
Documents/Information Required for Incorporating a Private Limited Company
- Members (Minimum 2)
- A copy of PAN
- A copy of Voter ID or Driving License or Aadhar Card
- Up to date bank passbook or bank declaration or utility financial credit in the herald of members
- 2 Passport size photograph
- Mobile Number and E mail Id
- For Registered Office
A copy of Electricity Bill or A copy of Gas description and Gas Passbook
- Company Name and Object.
The Name of the company ends behind the word PRIVATE LIMITED
3. PUBLIC COMPANY
A minimum of 7 members out of which minimum 3 shall be the directors can incorporate a Public company to cater there concern needs.
This is the most huge and versatile form of matter registration whereby public in general can plus invest their keep and take part in active increase of the company.
Public company limits the minimum number of embers to 7 but there is no such restrictions on maximum number of members. Incorporating a public company takes longer get older in comparison to extra forms of business registration.
Documents/Information Required for Incorporating a PUBLIC Limited Company
Members (Minimum 7)
- A copy of PAN
- A copy of Voter ID or Driving License or Aadhaar Card
- Up to date bank passbook or bank support or utility balance in the reveal of members
- 2 Passport size photograph
- Mobile Number and E mail Id
- For Registered Office
A copy of Electricity Bill or A copy of Gas checking account and Gas Passbook
- Company Name and Object.
The Name of the company ends past the word LIMITED
Contact us at
+91-85400-78000,
+91-85400-85000,
+91-85400-99000 (Calls and Whatapps both)
Email us at: info@meerad.in,