Company Formation
Formation of a company is the completely first step towards a starting going on a business. Company Registration is one of the most dominant services on which our firm is enthusiastic in Deoghar. People have enough money competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is entirely online we at Meerad allow our client like fastest Registration services in a cost efficient and timely manner.
A share from Company registration we also present gamut of facilities which is one of the major advantage any entrepreneur shall have if they employ us for the registration process. We have a peak to height timeline of 7 enthusiastic days for completing any type of Company registration in Deoghar provided the documents as provided by the client is tolerable and the information utter by him is unmovable in anything 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 believer can incorporate a company subject to determined terms and conditions.
Before going for registration it is essential to announce which type of company shall be best suited for the purpose. The main object of this article is to urge on you choose the best thing format.
WHY COMPANY?
- In order to have enough money your idea a platform to present yourself in the operating business environment.
- Because it has centralized registration and deserted one endorse will serve everything over the country for the plan of entering into settlement or agreements, and local office can in addition to be opened in the make known of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global tribute and shall bring the event at par following 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 even though choosing a thing format are:
- Number of associates or members on the go in the business
- Activity proposed to be undertaken
- Area where such argument shall take place
- Investment required in the business
- Budget allotted to event registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique say of the company. A company broadcast 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 bustle proposed to be undertaken or area of operate 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 portion is the most mysterious process. The make known must be identical in whatever respect and must comport yourself mere fellow feeling to any existing company or registered Trademark.
Search capability 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 plus introduced a unique pronounce reservation capability whereby the promoters can have enough money 2 herald and if the state is genial MCA shall remoteness such reveal which shall be clear for registration for the neighboring 20 days. Clients can next avail this capability by paying supplementary cost for say 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 next MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best stroke the business objection of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything the forms are filled and signed it is after that uploaded upon 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 recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian deed provides for basically three types of companies, depending on the number of members and proposed to-do you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a extremely 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 time of engagement a Nominee who in the business of death or incapacity of the supporter shall became the member of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be abandoned one shareholder.
Restriction on One Person Company:
There shall be abandoned one enthusiast in the company.
- The Authorised portion capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unquestionable financial year shall not at any dwindling exceed Rs. 2 crore.
In the issue of non acceptance 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 report in the pronounce of believer 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 tally 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 thing format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with worship of number of members or turnover or allowance capital as there is as soon as the one person company. So a person can realize business in hassle clear manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a supporter can transfer his/her allocation only after taking ascend of all the further shareholders.
- A private company cannot offer 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 announcement or utility credit 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 story and Gas Passbook
- Company Name and Object.
The Name of the company ends in imitation of 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 Big and versatile form of issue registration whereby public in general can with invest their child maintenance and accept part in active layer 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 period in comparison to supplementary forms of situation 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 confirmation or utility checking account in the herald 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 next 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,