Company Formation
Formation of a company is the categorically first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our unquestionable is in force in Bakhtiyarpur. People give competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is definitely online we at Meerad manage to pay for our client in the freshen of fastest Registration services in a cost efficient and timely manner.
A ration from Company registration we also meet the expense of gamut of facilities which is one of the major advantage any traveler shall have if they hire us for the registration process. We have a culmination to culmination timeline of 7 dynamic days for completing any type of Company registration in Bakhtiyarpur provided the documents as provided by the client is gratifying and the information definite by him is complete in everything respect.
Company by definition is a separate real entity clear 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 abandoned a single fanatic can incorporate a company subject to Definite terms and conditions.
Before going for registration it is valuable to pronounce which type of company shall be best suited for the purpose. The main intention of this article is to encourage you choose the best situation format.
WHY COMPANY?
- In order to provide your idea a platform to present yourself in the vigorous business environment.
- Because it has centralized registration and lonesome one endorse will serve everything over the country for the try of entering into pact or agreements, and local office can furthermore be opened in the broadcast of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global admission and shall bring the business at par bearing in mind global stakeholders and competitors.
STEPS INVOLVED IN INCORPORATION OF A COMPANY
STEP 1: CHOOSING THE BEST SUITED BUSINESS FORMAT
Once the business Place is ascertained, the completely next step is choosing the type of concern registration. Various factors which are required to be kept in mind while choosing a event format are:
- Number of cronies or members operational in the business
- Activity proposed to be undertaken
- Area where such excitement 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 broadcast generally consists of 3 parts, First Part is the Part we choose and it must be unique in all respect, Second Part defines the business objection proposed to be undertaken or Place of measure 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 allowance is the most complex process. The name must be identical in all respect and must put-on mere empathy to any existing company or registered Trademark.
Search capability is available on MCA portal whereby the clients can check the availability of name on both mca as skillfully as register of Trademark.
Ministry of Corporate Affairs has next introduced a unique declare reservation talent whereby the promoters can give 2 reveal and if the name is simple MCA shall superiority such state which shall be manageable for registration for the bordering 20 days. Clients can as a consequence avail this knack by paying additional cost for say 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 as soon as MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best warfare the business upheaval of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything the forms are filled and signed it is subsequently 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 endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian play a part provides for basically three types of companies, depending on the number of members and proposed upheaval you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a unquestionably 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 epoch of combination a Nominee who in the situation of death or incapacity of the supporter shall became the devotee 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 abandoned one member in the company.
- The Authorised allocation capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unquestionable financial year shall not at any dwindling 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 support or utility credit in the make known of believer 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 explanation and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall decrease with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited matter format whereby a minimum of 2 members can incorporate the company by fulfilling sure formalities. Private limited company does not have any restriction with esteem of number of members or turnover or part capital as there is when the one person company. So a person can accomplish business in hassle pardon manner without excruciating 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 enthusiast can transfer his/her allocation only after taking attain of everything the other shareholders.
- A private company cannot come taking place with the child 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 support or utility report 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 balance and Gas Passbook
- Company Name and Object.
The Name of the company ends in imitation of 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 huge and versatile form of matter registration whereby public in general can as well as invest their child support and take part in active growth of the company.
Public company limits the minimum number of embers to 7 but there is no such restrictions upon maximum number of members. Incorporating a public company takes longer era in comparison to other forms of concern 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 description in the state 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 LIMITED
Contact us at
+91-85400-78000,
+91-85400-85000,
+91-85400-99000 (Calls and Whatapps both)
Email us at: info@meerad.in,