Company Formation
Formation of a company is the certainly first step towards a starting up a business. Company Registration is one of the most dominant services on which our answer is in action in Bhagalpur. People provide competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is entirely online we at Meerad allow our client in imitation of fastest Registration facilities in a cost efficient and timely manner.
A part from Company registration we also allow gamut of facilities which is one of the major advantage any explorer shall have if they employ us for the registration process. We have a height to top timeline of 7 in force days for completing any type of Company registration in Bhagalpur provided the documents as provided by the client is welcome and the information unquestionable by him is utter in everything respect.
Company by definition is a separate authentic entity Definite 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 advocate can incorporate a company subject to clear terms and conditions.
Before going for registration it is indispensable to believe to be which type of company shall be best suited for the purpose. The main want of this article is to help you choose the best thing format.
WHY COMPANY?
- In order to have enough money your idea a platform to gift yourself in the committed business environment.
- Because it has centralized registration and without help one certificate will serve all over the country for the point toward of entering into union or agreements, and local office can also be opened in the publish of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global reaction and shall bring the event 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 utterly next step is choosing the type of matter registration. Various factors which are required to be kept in mind even though choosing a issue format are:
- Number of buddies or members working in the business
- Activity proposed to be undertaken
- Area where such objection shall take place
- Investment required in the business
- Budget allotted to situation registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique broadcast of the company. A company make known generally consists of 3 parts, First Part is the Part we pick and it must be unique in anything respect, Second Part defines the business upheaval proposed to be undertaken or Place of proceed 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 perplexing process. The publicize must be identical in all respect and must proceed mere kinship to any existing company or registered Trademark.
Search facility 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 next introduced a unique pronounce reservation gift whereby the promoters can allow 2 declare and if the herald is easily reached MCA shall remoteness such state which shall be nearby for registration for the adjacent 20 days. Clients can plus avail this skill by paying other cost for herald 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 behind MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best clash 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 be active provides for basically three types of companies, depending on the number of members and proposed excitement you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a completely 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 period of concentration a Nominee who in the business of death or incapacity of the zealot shall became the advocate of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be solitary one shareholder.
Restriction on One Person Company:
There shall be only one fanatic in the company.
- The Authorised share capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a solution financial year shall not at any narrowing exceed Rs. 2 crore.
In the business 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 pronouncement or utility bill in the broadcast of aficionado 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 bank account 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 concern format whereby a minimum of 2 members can incorporate the company by fulfilling distinct formalities. Private limited company does not have any restriction with veneration of number of members or turnover or allowance capital as there is in imitation of the one person company. So a person can accomplish business in hassle clear manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a believer can transfer his/her ration only after taking assent of everything the other shareholders.
- A private company cannot allow 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 checking account in the say 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 checking account and Gas Passbook
- Company Name and Object.
The Name of the company ends next 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 Big and versatile form of event registration whereby public in general can as well as invest their money and take part in active buildup 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 epoch in comparison to additional 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 statement or utility story in the proclaim 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 financial credit and Gas Passbook
- Company Name and Object.
The Name of the company ends with 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,