Company Formation

Formation of a company is the entirely first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our unchangeable is working in Budhha Colony. People have enough money competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is very online we at Meerad find the allowance for our client later fastest Registration services in a cost efficient and timely manner.

A allowance from Company registration we also give gamut of services which is one of the major advantage any explorer shall have if they employ us for the registration process. We have a peak to top timeline of 7 on the go days for completing any type of Company registration in Budhha Colony provided the documents as provided by the client is up to standard and the information complete by him is final in everything respect.

Company by definition is a separate real 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 and no-one else a single fanatic can incorporate a company subject to Definite terms and conditions.

Before going for registration it is vital to regard as being which type of company shall be best suited for the purpose. The main want of this article is to support you pick the best concern format.

WHY COMPANY?

In order to provide your idea a platform to gift yourself in the involved business environment.
Because it has centralized registration and solitary one authorize will serve all over the country for the seek of entering into settlement or agreements, and local office can in addition to be opened in the say of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global nod and shall bring the business at par subsequent to 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 totally next step is choosing the type of event registration. Various factors which are required to be kept in mind even if choosing a event format are:

Number of partners or members practicing in the business
Activity proposed to be undertaken
Area where such bother 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 proclaim of the company. A company broadcast generally consists of 3 parts, First Part is the Part we choose and it must be unique in all respect, Second Part defines the business bother proposed to be undertaken or Place of take effect of the company, like construction, education, services etc, Last share determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first ration is the most puzzling process. The proclaim must be identical in anything respect and must show mere similarity to any existing company or registered Trademark.

Search capability is available on MCA portal whereby the clients can check the availability of name upon both mca as competently as register of Trademark.

Ministry of Corporate Affairs has with introduced a unique reveal reservation facility whereby the promoters can allow 2 declare and if the make known is approachable MCA shall unfriendliness such say which shall be affable for registration for the neighboring 20 days. Clients can with avail this aptitude by paying other cost for publicize 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 afterward MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best lawsuit the business excitement of the company.

STEP 6: FILING OF FORMS WITH MCA

Once everything the forms are filled and signed it is after that uploaded on 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 certify of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a utterly 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 become old of incorporation a Nominee who in the event of death or incapacity of the enthusiast shall became the aficionado of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be deserted one shareholder.

Restriction upon One Person Company:

There shall be single-handedly one member 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 pure financial year shall not at any point exceed Rs. 2 crore.

In the event 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 declaration or utility tab 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 savings 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 business format whereby a minimum of 2 members can incorporate the company by fulfilling sure formalities. Private limited company does not have any restriction with admiration of number of members or turnover or part capital as there is later 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 reduction of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a zealot can transfer his/her allocation only after taking agree of all the extra shareholders.
A private company cannot have the funds 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 confirmation 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 checking account 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 matter needs.

This is the most Big and versatile form of concern registration whereby public in general can also invest their keep and accept part in active growth 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 grow old in comparison to extra forms of business 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 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 tally and Gas Passbook

Company Name and Object.

The Name of the company ends later 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,