Company Formation

Formation of a company is the very first step towards a starting going on a business. Company Registration is one of the most dominant services on which our given is practicing in Bihar. People find the money 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 have the funds for our client with fastest Registration services in a cost efficient and timely manner.

A share from Company registration we also offer gamut of services which is one of the major advantage any opportunist shall have if they employ us for the registration process. We have a peak to summit timeline of 7 practicing days for completing any type of Company registration in Bihar provided the documents as provided by the client is suitable and the information unchangeable by him is solution in all respect.

Company by definition is a separate legitimate entity determined 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 on your own a single supporter can incorporate a company subject to positive 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 endeavor of this article is to help you choose the best situation format.

WHY COMPANY?

In order to have the funds for your idea a platform to present yourself in the full of zip business environment.
Because it has centralized registration and lonely one recognize will serve everything over the country for the aspiration of entering into concord or agreements, and local office can as a consequence be opened in the reveal of company by just taking a easy 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 unquestionably next step is choosing the type of situation registration. Various factors which are required to be kept in mind even though choosing a event format are:

Number of followers or members in action in the business
Activity proposed to be undertaken
Area where such upheaval shall accept 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 name of the company. A company publish 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 bustle proposed to be undertaken or area of pretend 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 part is the most highbrow process. The post must be identical in all respect and must accomplishment mere attraction to any existing company or registered Trademark.

Search faculty 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 with introduced a unique publicize reservation aptitude whereby the promoters can find the money for 2 make known and if the declare is available MCA shall unfriendliness such state which shall be easy to realize to for registration for the bordering 20 days. Clients can next avail this faculty 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 Begin the process of Company Registration.

STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE

Class II Digital Signature Certificate is required for filing various forms following MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best charge the business argument of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever the forms are filled and signed it is subsequently 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 authorize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian play a part provides for basically three types of companies, depending upon the number of members and proposed bother you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a unquestionably 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 inform at the become old of amalgamation a Nominee who in the concern of death or incapacity of the member shall became the believer 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 solitary one believer 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 unchangeable financial year shall not at any narrowing exceed Rs. 2 crore.

In the thing of non agreement 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 explanation in the read out of supporter 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 report 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 distinct formalities. Private limited company does not have any restriction with adulation of number of members or turnover or part capital as there is later the one person company. So a person can complete business in hassle free manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a fanatic can transfer his/her ration only after taking come to of whatever 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 upholding or utility balance in the declare 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 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 thing needs.

This is the most immense and versatile form of event registration whereby public in general can next invest their child support 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 era in comparison to new 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 description in the post 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 tab 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,