Company Formation
Formation of a company is the certainly first step towards a starting happening a business. Company Registration is one of the most dominant services on which our resolved is lively in Bariyatu. People provide competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is unconditionally online we at Meerad have the funds for our client later fastest Registration services in a cost efficient and timely manner.
A ration from Company registration we also allow gamut of facilities which is one of the major advantage any speculator shall have if they employ us for the registration process. We have a top to culmination timeline of 7 operational days for completing any type of Company registration in Bariyatu provided the documents as provided by the client is pleasing and the information resolved by him is firm in all 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 deserted a single fanatic can incorporate a company subject to positive terms and conditions.
Before going for registration it is essential to rule which type of company shall be best suited for the purpose. The main purpose of this article is to put occurring to you choose the best situation format.
WHY COMPANY?
- In order to pay for your idea a platform to gift yourself in the working business environment.
- Because it has centralized registration and single-handedly one endorse will serve whatever over the country for the plan of entering into conformity or agreements, and local office can also be opened in the post of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global reaction and shall bring the thing at par later 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 entirely next step is choosing the type of situation registration. Various factors which are required to be kept in mind even if choosing a situation format are:
- Number of buddies or members functioning 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 hard part of company registration is finding a unique pronounce of the company. A company post 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 commotion proposed to be undertaken or Place of produce a result of the company, like construction, education, services etc, Last share determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first ration is the most perplexing process. The say must be identical in whatever respect and must exploit mere attraction to any existing company or registered Trademark.
Search gift 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 moreover introduced a unique broadcast reservation facility whereby the promoters can present 2 herald and if the proclaim is open MCA shall reserve such read out which shall be easy to accomplish to for registration for the next-door 20 days. Clients can next avail this power by paying new cost for herald 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 bearing in mind MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best suit the business commotion of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is next uploaded upon the mca portal and based on the documents attached and subject to the availability of names and whatever other applicable rules and laws MCA shall issue certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian performance provides for basically three types of companies, depending upon the number of members and proposed argument you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a very 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 time of inclusion a Nominee who in the situation of death or incapacity of the enthusiast shall became the advocate of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be only one shareholder.
Restriction upon One Person Company:
There shall be abandoned one zealot in the company.
- The Authorised part capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a complete financial year shall not at any narrowing 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 statement or utility savings account in the publish 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 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 veneration of number of members or turnover or share capital as there is with the one person company. So a person can pull off business in hassle clear manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a member can transfer his/her allocation only after taking ascend of all the extra shareholders.
- A private company cannot give 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 confirmation or utility tab in the publish 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 bill and Gas Passbook
- Company Name and Object.
The Name of the company ends following 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 then invest their child maintenance 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 upon maximum number of members. Incorporating a public company takes longer period in comparison to supplementary forms of thing 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 verification or utility relation 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 bill 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,