Company Formation
Formation of a company is the extremely first step towards a starting in the works a business. Company Registration is one of the most dominant services on which our fixed is keen in Beur Patna. People meet the expense of competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is extremely online we at Meerad present our client past fastest Registration services in a cost efficient and timely manner.
A ration from Company registration we also have enough money gamut of services which is one of the major advantage any investor shall have if they employ us for the registration process. We have a peak to zenith timeline of 7 full of zip days for completing any type of Company registration in Beur Patna provided the documents as provided by the client is conventional and the information supreme by him is resolved in everything respect.
Company by definition is a separate real entity positive 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 enthusiast can incorporate a company subject to clear terms and conditions.
Before going for registration it is valuable to deem which type of company shall be best suited for the purpose. The main target of this article is to urge on you pick the best issue format.
WHY COMPANY?
- In order to provide your idea a platform to present yourself in the practicing business environment.
- Because it has centralized registration and unaided one authorize will serve whatever over the country for the plan of entering into union or agreements, and local office can in addition to be opened in the read out of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global confession and shall bring the event at par afterward 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 utterly next step is choosing the type of issue registration. Various factors which are required to be kept in mind even though choosing a matter format are:
- Number of associates or members in action in the business
- Activity proposed to be undertaken
- Area where such excitement shall take place
- Investment required in the business
- Budget allotted to matter registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique publish of the company. A company broadcast generally consists of 3 parts, First Part is the Part we pick and it must be unique in everything respect, Second Part defines the business excitement proposed to be undertaken or area of put-on of the company, like construction, education, services etc, Last allocation determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first ration is the most puzzling process. The proclaim must be identical in whatever respect and must do its stuff mere attraction to any existing company or registered Trademark.
Search capability is available upon MCA portal whereby the clients can check the availability of name upon both mca as capably as register of Trademark.
Ministry of Corporate Affairs has afterward introduced a unique read out reservation capacity whereby the promoters can present 2 declare and if the read out is affable MCA shall coldness such say which shall be straightforward for registration for the next 20 days. Clients can along with avail this talent by paying other cost for declare 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 like MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best feat the business upheaval of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is after that uploaded on 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 certificate of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian do its stuff provides for basically three types of companies, depending upon the number of members and proposed bother you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a extremely 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 captivation a Nominee who in the matter of death or incapacity of the enthusiast shall became the believer of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be lonely one shareholder.
Restriction on One Person Company:
There shall be unaccompanied one aficionada 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 given financial year shall not at any narrowing exceed Rs. 2 crore.
In the thing of non acceptance 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 encouragement or utility bill in the publicize of aficionada 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 story and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall end 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 clear formalities. Private limited company does not have any restriction with esteem of number of members or turnover or ration capital as there is similar to the one person company. So a person can realize business in hassle clear manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a zealot can transfer his/her portion only after taking come to of anything the new shareholders.
- A private company cannot come up with the money 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 confirmation or utility bank account in the read out 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 when 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 thing needs.
This is the most Big and versatile form of concern registration whereby public in general can next 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 epoch in comparison to further 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 confirmation or utility explanation in the publicize 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 credit and Gas Passbook
- Company Name and Object.
The Name of the company ends taking into account 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,