Company Formation

Formation of a company is the categorically first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our resolved is energetic in Exhibition Road. People manage to pay for competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is agreed online we at Meerad have the funds for our client with fastest Registration facilities in a cost efficient and timely manner.

A portion from Company registration we also manage to pay for gamut of facilities which is one of the major advantage any buccaneer shall have if they hire us for the registration process. We have a height to pinnacle timeline of 7 lively days for completing any type of Company registration in Exhibition Road provided the documents as provided by the client is good enough and the information utter by him is unmodified in everything respect.

Company by definition is a separate legitimate 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 only a single devotee can incorporate a company subject to certain terms and conditions.

Before going for registration it is critical to believe to be which type of company shall be best suited for the purpose. The main purpose of this article is to incite you pick the best situation format.

WHY COMPANY?

In order to find the child support for your idea a platform to present yourself in the in action business environment.
Because it has centralized registration and deserted one authorize will serve whatever over the country for the aspiration of entering into conformity or agreements, and local office can along with be opened in the post of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global nod and shall bring the event at par subsequently 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 concern registration. Various factors which are required to be kept in mind though choosing a thing format are:

Number of partners or members energetic in the business
Activity proposed to be undertaken
Area where such to-do shall accept place
Investment required in the business
Budget allotted to concern registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique post of the company. A company broadcast generally consists of 3 parts, First Part is the Part we pick and it must be unique in whatever respect, Second Part defines the business to-do proposed to be undertaken or Place of accomplish 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 allocation is the most mysterious process. The broadcast must be identical in anything respect and must feign mere fellow feeling to any existing company or registered Trademark.

Search capacity is available on MCA portal whereby the clients can check the availability of name on both mca as without difficulty as register of Trademark.

Ministry of Corporate Affairs has then introduced a unique state reservation skill whereby the promoters can provide 2 declare and if the broadcast is approachable MCA shall superiority such declare which shall be within reach for registration for the next 20 days. Clients can furthermore avail this power by paying additional 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 in imitation of 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 objection of the company.

STEP 6: FILING OF FORMS WITH MCA

Once all the forms are filled and signed it is then uploaded upon the mca portal and based on the documents attached and subject to the availability of names and all other applicable rules and laws MCA shall issue recognize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian feat provides for basically three types of companies, depending upon the number of members and proposed activity you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a utterly 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 captivation a Nominee who in the concern of death or incapacity of the aficionada shall became the supporter of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be and no-one else one shareholder.

Restriction upon One Person Company:

There shall be without help one aficionada in the company.

The Authorised ration capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a firm financial year shall not at any tapering off exceed Rs. 2 crore.

In the concern 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 encouragement or utility tab in the reveal 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 report 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 issue format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with love of number of members or turnover or part capital as there is subsequently the one person company. So a person can accomplish 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 share only after taking allow of whatever the other 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 declaration or utility version in the name 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 savings account and Gas Passbook

Company Name and Object.

The Name of the company ends afterward 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 gigantic and versatile form of issue registration whereby public in general can as a consequence invest their money and accept part in active mass 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 other forms of thing 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 verification or utility relation in the post 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 as soon as 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,