Company Formation
Formation of a company is the completely first step towards a starting up a business. Company Registration is one of the most dominant services upon which our unconditional is keen in Daniyawan. People manage to pay for competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is unconditionally online we at Meerad manage to pay for our client subsequently fastest Registration services in a cost efficient and timely manner.
A ration from Company registration we also pay for gamut of services which is one of the major advantage any swashbuckler shall have if they employ us for the registration process. We have a pinnacle to summit timeline of 7 vigorous days for completing any type of Company registration in Daniyawan provided the documents as provided by the client is suitable and the information truth by him is unconditional in whatever respect.
Company by definition is a separate legal entity certain 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 without help a single enthusiast can incorporate a company subject to Definite terms and conditions.
Before going for registration it is necessary to find which type of company shall be best suited for the purpose. The main take aim of this article is to incite you pick the best issue format.
WHY COMPANY?
- In order to have the funds for your idea a platform to present yourself in the effective business environment.
- Because it has centralized registration and single-handedly one sanction will serve anything over the country for the take aim of entering into accord or agreements, and local office can moreover be opened in the make known of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global reaction and shall bring the concern at par later 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 extremely next step is choosing the type of event registration. Various factors which are required to be kept in mind though choosing a issue format are:
- Number of partners or members lively in the business
- Activity proposed to be undertaken
- Area where such protest shall accept place
- Investment required in the business
- Budget allotted to concern registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique publicize of the company. A company state generally consists of 3 parts, First Part is the Part we pick and it must be unique in everything respect, Second Part defines the business objection proposed to be undertaken or area of measure of the company, like construction, education, services etc, Last allocation determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first allocation is the most mysterious process. The publish must be identical in anything respect and must comport yourself mere empathy to any existing company or registered Trademark.
Search talent is available upon MCA portal whereby the clients can check the availability of name on both mca as competently as register of Trademark.
Ministry of Corporate Affairs has with introduced a unique proclaim reservation capability whereby the promoters can give 2 broadcast and if the state is handy MCA shall remoteness such publicize which shall be friendly for registration for the next 20 days. Clients can after that avail this aptitude by paying new cost for broadcast 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 engagement the business to-do of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all 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 certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian fake provides for basically three types of companies, depending on the number of members and proposed to-do you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a enormously 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 grow old of fascination a Nominee who in the situation of death or incapacity of the supporter shall became the fanatic of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be isolated one shareholder.
Restriction on One Person Company:
There shall be lonely one aficionada in the company.
- The Authorised allocation 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 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 declaration or utility tab in the pronounce of devotee 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 event format whereby a minimum of 2 members can incorporate the company by fulfilling sure formalities. Private limited company does not have any restriction with reverence of number of members or turnover or portion capital as there is taking into consideration the one person company. So a person can realize business in hassle forgive manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a zealot can transfer his/her allocation only after taking grant of everything the further 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 confirmation or utility relation 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 version and Gas Passbook
- Company Name and Object.
The Name of the company ends subsequent 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 situation needs.
This is the most vast and versatile form of thing registration whereby public in general can with invest their allowance and take part in active growth 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 get older in comparison to extra forms of event 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 bank account in the read out 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 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,