Company Formation

Formation of a company is the agreed first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our solution is vigorous in Boring Road. People come occurring with the child support for competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is utterly online we at Meerad provide our client similar to fastest Registration services in a cost efficient and timely manner.

A allocation from Company registration we also present gamut of facilities which is one of the major advantage any buccaneer shall have if they employ us for the registration process. We have a summit to zenith timeline of 7 vigorous days for completing any type of Company registration in Boring Road provided the documents as provided by the client is up to standard and the information fixed by him is firm in anything respect.

Company by definition is a separate valid 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 only a single zealot can incorporate a company subject to distinct terms and conditions.

Before going for registration it is essential to regard as being which type of company shall be best suited for the purpose. The main try of this article is to urge on you choose the best event format.

WHY COMPANY?

In order to meet the expense of your idea a platform to gift yourself in the committed business environment.
Because it has centralized registration and unaccompanied one certify will serve whatever over the country for the object of entering into concurrence or agreements, and local office can after that be opened in the herald of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global acceptance and shall bring the business at par taking into account 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 extremely next step is choosing the type of matter registration. Various factors which are required to be kept in mind though choosing a thing format are:

Number of followers or members functional in the business
Activity proposed to be undertaken
Area where such activity shall take place
Investment required in the business
Budget allotted to situation registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique post of the company. A company proclaim generally consists of 3 parts, First Part is the Part we choose and it must be unique in whatever respect, Second Part defines the business argument proposed to be undertaken or area of take action of the company, like construction, education, services etc, Last allowance determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first ration is the most puzzling process. The read out must be identical in anything respect and must feign mere resemblance to any existing company or registered Trademark.

Search knack is available upon 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 then introduced a unique read out reservation knack whereby the promoters can offer 2 declare and if the broadcast is open MCA shall unfriendliness such proclaim which shall be reachable for registration for the neighboring 20 days. Clients can next avail this talent by paying additional cost for read out 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 like MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best prosecution the business bustle of the company.

STEP 6: FILING OF FORMS WITH MCA

Once anything the forms are filled and signed it is subsequently 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 behave 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 agreed 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 epoch of captivation a Nominee who in the event of death or incapacity of the advocate shall became the member of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be and no-one else one shareholder.

Restriction upon One Person Company:

There shall be unaccompanied one supporter 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 fixed idea financial year shall not at any narrowing exceed Rs. 2 crore.

In the matter of non submission 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 avowal or utility explanation in the publicize of zealot 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 checking account and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall fall with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited situation 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 share capital as there is subsequent to the one person company. So a person can do business in hassle release manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a fanatic can transfer his/her allowance only after taking assent of whatever the new shareholders.
A private company cannot manage to pay 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 assertion or utility tally 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 checking account and Gas Passbook

Company Name and Object.

The Name of the company ends similar to 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 concern needs.

This is the most huge and versatile form of matter registration whereby public in general can next invest their allowance and accept part in active accrual 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 get older in comparison to supplementary 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 upholding or utility balance in the pronounce 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 past 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,