Company Formation
Formation of a company is the totally first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our utter is working in Dulhin Bazaar. People find the child maintenance for competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is totally online we at Meerad offer our client later fastest Registration facilities in a cost efficient and timely manner.
A ration from Company registration we also have enough money gamut of services which is one of the major advantage any speculator shall have if they employ us for the registration process. We have a zenith to zenith timeline of 7 committed days for completing any type of Company registration in Dulhin Bazaar provided the documents as provided by the client is enjoyable and the information unqualified by him is truth in whatever respect.
Company by definition is a separate true entity distinct 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 on your own a single zealot can incorporate a company subject to sure terms and conditions.
Before going for registration it is necessary to judge which type of company shall be best suited for the purpose. The main objective of this article is to urge on you choose the best event format.
WHY COMPANY?
- In order to offer your idea a platform to present yourself in the in action business environment.
- Because it has centralized registration and isolated one certificate will serve whatever over the country for the intend of entering into concurrence or agreements, and local office can as well as be opened in the publish of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global confession and shall bring the matter 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 Place is ascertained, the unconditionally next step is choosing the type of matter registration. Various factors which are required to be kept in mind while choosing a situation format are:
- Number of cronies or members energetic in the business
- Activity proposed to be undertaken
- Area where such commotion shall accept place
- Investment required in the business
- Budget allotted to situation registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique pronounce of the company. A company name 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 argument proposed to be undertaken or Place of con 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 part is the most puzzling process. The read out must be identical in everything respect and must appear in mere empathy to any existing company or registered Trademark.
Search knack is available on MCA portal whereby the clients can check the availability of name upon both mca as without difficulty as register of Trademark.
Ministry of Corporate Affairs has as a consequence introduced a unique say reservation capability whereby the promoters can provide 2 read out and if the post is easily reached MCA shall superiority such read out which shall be manageable for registration for the neighboring 20 days. Clients can then avail this gift by paying additional cost for herald 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 behind MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best battle the business activity of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all 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 whatever other applicable rules and laws MCA shall issue endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian decree provides for basically three types of companies, depending on the number of members and proposed protest you can choose 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 under the definition of a Private limited Company.
Person incorporating the company must notify at the become old of engagement a Nominee who in the thing of death or incapacity of the believer shall became the aficionado of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be without help one shareholder.
Restriction on One Person Company:
There shall be solitary one believer 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 resolved financial year shall not at any dwindling exceed Rs. 2 crore.
In the event of non compliance 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 statement or utility checking account in the pronounce 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 description 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 sure formalities. Private limited company does not have any restriction with idolization of number of members or turnover or allocation capital as there is later than the one person company. So a person can realize business in hassle forgive manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a supporter can transfer his/her part only after taking enter upon of whatever the supplementary shareholders.
- A private company cannot have enough money 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 avowal or utility balance in the say 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 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 concern needs.
This is the most vast and versatile form of business registration whereby public in general can furthermore invest their money and take part in active lump 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 further forms of concern 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 declaration 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 description and Gas Passbook
- Company Name and Object.
The Name of the company ends bearing in mind 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,