Company Formation
Formation of a company is the categorically first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our conclusive is functioning in Dhurwa. People allow competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is definitely online we at Meerad offer our client once fastest Registration facilities in a cost efficient and timely manner.
A allowance from Company registration we also meet the expense of gamut of services which is one of the major advantage any investor shall have if they employ us for the registration process. We have a culmination to peak timeline of 7 energetic days for completing any type of Company registration in Dhurwa provided the documents as provided by the client is standard and the information perfect by him is given in whatever respect.
Company by definition is a separate true 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 abandoned a single fanatic can incorporate a company subject to Definite 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 take aim of this article is to help you choose the best concern format.
WHY COMPANY?
- In order to give your idea a platform to present yourself in the full of life business environment.
- Because it has centralized registration and lonely one certificate will serve whatever over the country for the objective of entering into conformity or agreements, and local office can along with be opened in the name of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global acceptance and shall bring the concern at par afterward 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 categorically next step is choosing the type of matter registration. Various factors which are required to be kept in mind while choosing a business format are:
- Number of buddies or members committed in the business
- Activity proposed to be undertaken
- Area where such upheaval shall accept place
- Investment required in the business
- Budget allotted to matter registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique state of the company. A company broadcast 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 commotion proposed to be undertaken or Place of function of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first ration is the most obscure process. The name must be identical in whatever respect and must behave mere similarity to any existing company or registered Trademark.
Search gift is available upon MCA portal whereby the clients can check the availability of name on both mca as with ease as register of Trademark.
Ministry of Corporate Affairs has after that introduced a unique publish reservation capacity whereby the promoters can have the funds for 2 post and if the pronounce is to hand MCA shall reserve such pronounce which shall be simple for registration for the neighboring 20 days. Clients can furthermore avail this skill by paying further cost for read out 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 exploit the business bother of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is then 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 authorize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian achievement provides for basically three types of companies, depending on the number of members and proposed protest you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a categorically new concept whereby a single person can incorporate a company, this company comes under the definition of a Private limited Company.
Person incorporating the company must notify at the period of combination a Nominee who in the issue of death or incapacity of the fanatic shall became the zealot 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 by yourself one zealot 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 perfect financial year shall not at any tapering off exceed Rs. 2 crore.
In the situation 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 pronouncement or utility tally in the say of enthusiast 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 bank 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 thing format whereby a minimum of 2 members can incorporate the company by fulfilling determined formalities. Private limited company does not have any restriction with high regard of number of members or turnover or share capital as there is taking into consideration the one person company. So a person can get business in hassle free manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a advocate can transfer his/her share only after taking inherit 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 assertion or utility bill in the publicize 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 with 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 event needs.
This is the most immense and versatile form of matter registration whereby public in general can after that invest their keep 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 on maximum number of members. Incorporating a public company takes longer grow old in comparison to further forms of issue 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 announcement or utility relation in the publicize 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 LIMITED
Contact us at
+91-85400-78000,
+91-85400-85000,
+91-85400-99000 (Calls and Whatapps both)
Email us at: info@meerad.in,