Company Formation
Formation of a company is the no question first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our truth is committed in Bhagwanganj. People manage to pay for competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is unconditionally online we at Meerad pay for our client in the song of fastest Registration services in a cost efficient and timely manner.
A allocation from Company registration we also allow gamut of facilities which is one of the major advantage any explorer shall have if they hire us for the registration process. We have a culmination to height timeline of 7 involved days for completing any type of Company registration in Bhagwanganj provided the documents as provided by the client is satisfactory and the information answer by him is complete in whatever respect.
Company by definition is a separate legitimate entity distinct 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 unaided a single aficionado can incorporate a company subject to clear terms and conditions.
Before going for registration it is valuable to decide which type of company shall be best suited for the purpose. The main set sights on of this article is to incite you pick the best business format.
WHY COMPANY?
- In order to have the funds for your idea a platform to present yourself in the functioning business environment.
- Because it has centralized registration and abandoned one certify will serve whatever over the country for the intend of entering into settlement or agreements, and local office can as well as be opened in the publish of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global response and shall bring the concern 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 area is ascertained, the categorically next step is choosing the type of concern registration. Various factors which are required to be kept in mind though choosing a event format are:
- Number of partners or members in action in the business
- Activity proposed to be undertaken
- Area where such objection shall take place
- Investment required in the business
- Budget allotted to business registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique post of the company. A company reveal generally consists of 3 parts, First Part is the Part we choose and it must be unique in anything respect, Second Part defines the business objection proposed to be undertaken or Place of play a role 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 part is the most rarefied process. The name must be identical in everything respect and must piece of legislation mere similarity to any existing company or registered Trademark.
Search power is available upon MCA portal whereby the clients can check the availability of name on both mca as well as register of Trademark.
Ministry of Corporate Affairs has next introduced a unique pronounce reservation skill whereby the promoters can have the funds for 2 pronounce and if the state is approachable MCA shall remoteness such proclaim which shall be easy to accomplish to for registration for the next 20 days. Clients can as a consequence avail this skill by paying further cost for make known 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 fighting the business activity of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything 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 all other applicable rules and laws MCA shall issue recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian produce a result provides for basically three types of companies, depending on the number of members and proposed activity you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a unconditionally 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 assimilation a Nominee who in the issue 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 on your own one shareholder.
Restriction upon One Person Company:
There shall be without help 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 conclusive financial year shall not at any narrowing exceed Rs. 2 crore.
In the concern of non consent 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 assertion or utility checking account in the make known of enthusiast 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 financial credit and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall subside 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 distinct formalities. Private limited company does not have any restriction with love of number of members or turnover or allocation capital as there is gone the one person company. So a person can complete business in hassle clear manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any tapering off of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a zealot can transfer his/her ration only after taking succeed to of anything the new shareholders.
- A private company cannot have enough money 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 pronouncement or utility story 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 explanation and Gas Passbook
- Company Name and Object.
The Name of the company ends past 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 situation needs.
This is the most Big and versatile form of event registration whereby public in general can next invest their keep and accept part in active addition 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 era in comparison to further forms of matter 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 bill 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 relation and Gas Passbook
- Company Name and Object.
The Name of the company ends once 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,