Company Formation
Formation of a company is the extremely first step towards a starting happening a business. Company Registration is one of the most dominant services upon which our unmovable is operating in Bahadurpur. People manage to pay for competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is certainly online we at Meerad come up with the child support for our client taking into consideration fastest Registration services in a cost efficient and timely manner.
A part from Company registration we also manage to pay for gamut of services which is one of the major advantage any voyager shall have if they hire us for the registration process. We have a pinnacle to peak timeline of 7 involved days for completing any type of Company registration in Bahadurpur provided the documents as provided by the client is up to standard and the information firm by him is supreme in whatever respect.
Company by definition is a separate legitimate entity determined 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 only a single fanatic can incorporate a company subject to sure terms and conditions.
Before going for registration it is indispensable to judge which type of company shall be best suited for the purpose. The main endeavor of this article is to support you pick the best matter format.
WHY COMPANY?
- In order to present your idea a platform to present yourself in the in action business environment.
- Because it has centralized registration and single-handedly one certificate will serve everything over the country for the try of entering into harmony or agreements, and local office can also be opened in the declare of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global admission and shall bring the event at par gone 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 categorically next step is choosing the type of event registration. Various factors which are required to be kept in mind while choosing a event format are:
- Number of followers or members lively in the business
- Activity proposed to be undertaken
- Area where such bustle shall take place
- Investment required in the business
- Budget allotted to thing registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique publicize of the company. A company publish generally consists of 3 parts, First Part is the Part we pick and it must be unique in whatever respect, Second Part defines the business activity proposed to be undertaken or area of take effect of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first portion is the most mysterious process. The pronounce must be identical in whatever respect and must feat mere kinship to any existing company or registered Trademark.
Search capacity is available on MCA portal whereby the clients can check the availability of name upon both mca as skillfully as register of Trademark.
Ministry of Corporate Affairs has with introduced a unique herald reservation capability whereby the promoters can manage to pay for 2 herald and if the name is affable MCA shall detachment such say which shall be simple for registration for the next 20 days. Clients can as a consequence avail this capability by paying extra cost for declare reservation.
STEP 3: PREPARATION OF DOCUMENTS AND FORMS
Documents are prepared and various forms are filled in order to Begin the process of Company Registration.
STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE
Class II Digital Signature Certificate is required for filing various forms later MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best prosecution the business objection of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything the forms are filled and signed it is after that uploaded upon 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 certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian perform provides for basically three types of companies, depending upon the number of members and proposed to-do you can choose 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 below the definition of a Private limited Company.
Person incorporating the company must inform at the get older of inclusion a Nominee who in the issue of death or incapacity of the aficionado shall became the advocate of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be single-handedly one shareholder.
Restriction upon One Person Company:
There shall be without help one devotee in the company.
- The Authorised ration capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unchangeable financial year shall not at any point exceed Rs. 2 crore.
In the matter of non consent 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 avowal or utility balance in the publicize 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 report and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall halt 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 adulation of number of members or turnover or allowance capital as there is with the one person company. So a person can do business in hassle release manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a aficionada can transfer his/her ration only after taking agree of anything the extra shareholders.
- A private company cannot find the maintenance for 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 assertion or utility relation 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 version and Gas Passbook
- Company Name and Object.
The Name of the company ends with 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 matter needs.
This is the most Big and versatile form of matter registration whereby public in general can furthermore invest their child support and accept part in active bump 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 grow old in comparison to extra forms of matter 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 pronouncement or utility version in the name 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 tab and Gas Passbook
- Company Name and Object.
The Name of the company ends following 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,