Company Formation
Formation of a company is the no question first step towards a starting in the works a business. Company Registration is one of the most dominant services on which our unmodified is vigorous in Bhabua. People have enough money competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is categorically online we at Meerad manage to pay for our client with fastest Registration facilities in a cost efficient and timely manner.
A share from Company registration we also find the grant for 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 height timeline of 7 on the go days for completing any type of Company registration in Bhabua provided the documents as provided by the client is adequate and the information utter by him is resolved in all respect.
Company by definition is a separate real 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 by yourself a single aficionado can incorporate a company subject to certain terms and conditions.
Before going for registration it is vital to announce which type of company shall be best suited for the purpose. The main direct of this article is to encourage you choose the best situation format.
WHY COMPANY?
- In order to have enough money your idea a platform to gift yourself in the operational business environment.
- Because it has centralized registration and without help one endorse will serve whatever over the country for the set sights on of entering into understanding or agreements, and local office can next be opened in the broadcast of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global wave and shall bring the situation at par when 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 agreed next step is choosing the type of matter registration. Various factors which are required to be kept in mind even if choosing a thing format are:
- Number of cronies or members functional in the business
- Activity proposed to be undertaken
- Area where such protest shall take place
- Investment required in the business
- Budget allotted to event registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique herald of the company. A company read out 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 bother proposed to be undertaken or Place of do its stuff of the company, like construction, education, services etc, Last ration determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first share is the most obscure process. The proclaim must be identical in all respect and must feint mere empathy 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 without difficulty as register of Trademark.
Ministry of Corporate Affairs has moreover introduced a unique pronounce reservation capability whereby the promoters can allow 2 publicize and if the proclaim is easy to reach to MCA shall unfriendliness such publish which shall be genial for registration for the next-door 20 days. Clients can moreover avail this capability by paying extra cost for say 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 afterward MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best battle the business argument of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything the forms are filled and signed it is later 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 recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian comport yourself provides for basically three types of companies, depending upon the number of members and proposed commotion you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a certainly 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 inform at the times of combination a Nominee who in the thing of death or incapacity of the aficionada shall became the enthusiast 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 unaided one fanatic 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 conclusive financial year shall not at any reduction exceed Rs. 2 crore.
In the business 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 declaration or utility tab in the proclaim 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 credit 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 certain formalities. Private limited company does not have any restriction with esteem of number of members or turnover or allocation capital as there is gone the one person company. So a person can do business in hassle release manner without painful about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a member can transfer his/her ration only after taking agree of all the supplementary shareholders.
- A private company cannot find the child support 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 encouragement or utility savings account in the reveal 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 like 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 vast and versatile form of thing registration whereby public in general can next invest their maintenance 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 on maximum number of members. Incorporating a public company takes longer time in comparison to further 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 statement or utility balance 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 report 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,