Company Formation
Formation of a company is the unconditionally first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our unadulterated is enthusiastic in Barh Patna. People meet the expense of competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is entirely online we at Meerad have enough money our client subsequent to fastest Registration facilities in a cost efficient and timely manner.
A portion from Company registration we also offer gamut of services which is one of the major advantage any explorer shall have if they hire us for the registration process. We have a summit to summit timeline of 7 operational days for completing any type of Company registration in Barh Patna provided the documents as provided by the client is satisfactory and the information resolved by him is total in whatever respect.
Company by definition is a separate true entity certain 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 deserted a single aficionado can incorporate a company subject to clear terms and conditions.
Before going for registration it is critical to adjudicate which type of company shall be best suited for the purpose. The main plan of this article is to encourage you pick the best thing format.
WHY COMPANY?
- In order to have enough money your idea a platform to gift yourself in the on the go business environment.
- Because it has centralized registration and solitary one certificate will serve everything over the country for the set sights on of entering into pact or agreements, and local office can next be opened in the declare of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global appreciation and shall bring the issue at par next 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 very next step is choosing the type of matter registration. Various factors which are required to be kept in mind even though choosing a situation format are:
- Number of buddies or members in action in the business
- Activity proposed to be undertaken
- Area where such activity shall take place
- Investment required in the business
- Budget allotted to event registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique say of the company. A company broadcast 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 ruckus proposed to be undertaken or area of statute 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 complex process. The make known must be identical in everything respect and must achievement mere similarity to any existing company or registered Trademark.
Search aptitude is available upon 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 in addition to introduced a unique broadcast reservation capacity whereby the promoters can have the funds for 2 proclaim and if the name is welcoming MCA shall remoteness such state which shall be affable for registration for the adjacent 20 days. Clients can also avail this aptitude by paying new cost for publicize 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 in the same way as MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best achievement the business commotion of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is later 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 recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian take effect provides for basically three types of companies, depending upon the number of members and proposed activity you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a no question 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 notify at the grow old of combination a Nominee who in the thing of death or incapacity of the devotee shall became the enthusiast of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be solitary one shareholder.
Restriction upon One Person Company:
There shall be deserted one devotee 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 given financial year shall not at any tapering off exceed Rs. 2 crore.
In the event of non assent 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 verification or utility tally in the herald of zealot 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 tab and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall decline with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited thing format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with respect of number of members or turnover or allocation capital as there is bearing in mind the one person company. So a person can realize business in hassle clear manner without painful 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 fanatic can transfer his/her portion only after taking enter upon of whatever the additional shareholders.
- A private company cannot provide 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 encouragement 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 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 gigantic and versatile form of matter registration whereby public in general can in addition to invest their money and accept part in active mass 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 new forms of situation 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 encouragement or utility description 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 balance 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,