Company Formation

Formation of a company is the extremely first step towards a starting up a business. Company Registration is one of the most dominant services on which our fixed idea is functioning in Arah. People have the funds for competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is no question online we at Meerad allow our client similar to fastest Registration services in a cost efficient and timely manner.

A allowance from Company registration we also have enough money gamut of facilities which is one of the major advantage any opportunist shall have if they employ us for the registration process. We have a culmination to summit timeline of 7 full of life days for completing any type of Company registration in Arah provided the documents as provided by the client is pleasing and the information resolution by him is unquestionable in all respect.

Company by definition is a separate genuine entity Definite 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 solitary a single aficionada can incorporate a company subject to positive terms and conditions.

Before going for registration it is valuable to believe to be which type of company shall be best suited for the purpose. The main take aim of this article is to put taking place to you pick the best issue format.

WHY COMPANY?

In order to have the funds for your idea a platform to gift yourself in the functional business environment.
Because it has centralized registration and solitary one endorse will serve all over the country for the intend of entering into harmony or agreements, and local office can along with be opened in the say of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global confession and shall bring the matter at par later than 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 completely next step is choosing the type of event registration. Various factors which are required to be kept in mind even though choosing a event format are:

Number of partners or members keen in the business
Activity proposed to be undertaken
Area where such commotion shall accept place
Investment required in the business
Budget allotted to situation registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique broadcast of the company. A company post generally consists of 3 parts, First Part is the Part we choose and it must be unique in everything respect, Second Part defines the business activity proposed to be undertaken or Place of perform of the company, like construction, education, services etc, Last ration determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first part is the most technical process. The reveal must be identical in everything respect and must pretense mere likeness to any existing company or registered Trademark.

Search capacity is available upon 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 read out reservation faculty whereby the promoters can find the money for 2 herald and if the herald is friendly MCA shall unfriendliness such read out which shall be easy to realize to for registration for the next-door 20 days. Clients can afterward avail this gift by paying other cost for post 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 subsequent to MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best war the business bustle of the company.

STEP 6: FILING OF FORMS WITH MCA

Once everything the forms are filled and signed it is next uploaded on the mca portal and based on the documents attached and subject to the availability of names and anything other applicable rules and laws MCA shall issue endorse of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian law provides for basically three types of companies, depending upon the number of members and proposed excitement you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a definitely 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 inform at the times of captivation a Nominee who in the situation of death or incapacity of the member shall became the aficionado of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be and no-one else one shareholder.

Restriction upon One Person Company:

There shall be solitary 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 unadulterated financial year shall not at any tapering off exceed Rs. 2 crore.

In the matter 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 confirmation or utility tab in the declare of aficionado 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 description and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall fall with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited event format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with high regard of number of members or turnover or ration capital as there is taking into account the one person company. So a person can attain business in hassle free manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a believer can transfer his/her share only after taking assent of all the additional shareholders.
A private company cannot present 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 verification or utility description in the broadcast 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 bank account and Gas Passbook

Company Name and Object.

The Name of the company ends considering 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 business needs.

This is the most vast and versatile form of business registration whereby public in general can as a consequence invest their allowance and take part in active deposit 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 epoch in comparison to extra forms of event 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 upholding or utility version in the post 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 considering 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,