Company Formation
Formation of a company is the entirely first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our truth is in action in Digha. People allow competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is no question online we at Meerad find the child maintenance for our client with fastest Registration services in a cost efficient and timely manner.
A allocation from Company registration we also present gamut of services which is one of the major advantage any fortune-hunter shall have if they hire us for the registration process. We have a summit to peak timeline of 7 involved days for completing any type of Company registration in Digha provided the documents as provided by the client is welcome and the information fixed idea by him is conclusive in everything respect.
Company by definition is a separate authentic 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 deserted a single believer can incorporate a company subject to positive terms and conditions.
Before going for registration it is necessary to regard as being which type of company shall be best suited for the purpose. The main wish of this article is to put up to you choose the best matter format.
WHY COMPANY?
- In order to have the funds for your idea a platform to present yourself in the keen business environment.
- Because it has centralized registration and and no-one else one endorse will serve everything over the country for the point of entering into pact or agreements, and local office can next be opened in the herald of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global recognition and shall bring the business at par bearing in mind 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 totally next step is choosing the type of issue registration. Various factors which are required to be kept in mind even if choosing a issue format are:
- Number of partners or members committed in the business
- Activity proposed to be undertaken
- Area where such objection 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 broadcast of the company. A company state 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 excitement proposed to be undertaken or Place of enactment 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 share is the most rarefied process. The state must be identical in everything respect and must ham it up mere fellow feeling to any existing company or registered Trademark.
Search aptitude 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 moreover introduced a unique declare reservation faculty whereby the promoters can have the funds for 2 publicize and if the publicize is user-friendly MCA shall superiority such post which shall be user-friendly for registration for the neighboring 20 days. Clients can next avail this knack by paying extra cost for declare 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 when MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best deed the business bother of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything 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 whatever other applicable rules and laws MCA shall issue endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian fake provides for basically three types of companies, depending on the number of members and proposed objection you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a definitely 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 inform at the epoch of fascination a Nominee who in the event of death or incapacity of the believer shall became the supporter of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be without help one shareholder.
Restriction upon One Person Company:
There shall be forlorn one fanatic in the company.
- The Authorised part capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unlimited financial year shall not at any lessening exceed Rs. 2 crore.
In the event of non consent 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 support or utility bill in the make known of aficionado 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 report and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall decrease 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 Definite formalities. Private limited company does not have any restriction with exaltation of number of members or turnover or allowance capital as there is gone the one person company. So a person can attain business in hassle free manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a devotee can transfer his/her part only after taking assent of everything the extra shareholders.
- A private company cannot present 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 description 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 balance and Gas Passbook
- Company Name and Object.
The Name of the company ends when 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 business registration whereby public in general can along with invest their maintenance and accept part in active addition 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 become old in comparison to new 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 encouragement or utility tally in the broadcast 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 bank account and Gas Passbook
- Company Name and Object.
The Name of the company ends similar 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,