Company Formation

Formation of a company is the enormously first step towards a starting going on a business. Company Registration is one of the most dominant services on which our unmodified is functional in Fatuha. People manage to pay for competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is certainly online we at Meerad have enough money our client once fastest Registration facilities in a cost efficient and timely manner.

A portion from Company registration we also allow gamut of facilities which is one of the major advantage any pioneer shall have if they employ us for the registration process. We have a culmination to pinnacle timeline of 7 in action days for completing any type of Company registration in Fatuha provided the documents as provided by the client is within enough limits and the information final by him is final in anything respect.

Company by definition is a separate authenticated entity Definite 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 advocate can incorporate a company subject to Definite terms and conditions.

Before going for registration it is vital to announce which type of company shall be best suited for the purpose. The main purpose of this article is to help you pick the best matter format.

WHY COMPANY?

In order to allow your idea a platform to present yourself in the functional business environment.
Because it has centralized registration and without help one endorse will serve everything over the country for the direct of entering into settlement or agreements, and local office can afterward be opened in the reveal of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global nod and shall bring the situation at par subsequent to 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 definitely next step is choosing the type of situation registration. Various factors which are required to be kept in mind while choosing a issue format are:

Number of buddies or members in force in the business
Activity proposed to be undertaken
Area where such protest shall take place
Investment required in the business
Budget allotted to business 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 name generally consists of 3 parts, First Part is the Part we choose and it must be unique in whatever respect, Second Part defines the business excitement proposed to be undertaken or area of piece of legislation 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 share is the most profound process. The read out must be identical in whatever respect and must play a role mere empathy to any existing company or registered Trademark.

Search knack is available upon MCA portal whereby the clients can check the availability of name on both mca as competently as register of Trademark.

Ministry of Corporate Affairs has plus introduced a unique publicize reservation facility whereby the promoters can offer 2 publicize and if the publish is nearby MCA shall unfriendliness such broadcast which shall be easily reached for registration for the adjacent 20 days. Clients can plus avail this aptitude by paying additional cost for say 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 like MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best prosecution the business protest of the company.

STEP 6: FILING OF FORMS WITH MCA

Once anything the forms are filled and signed it is later uploaded on 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 sanction of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a unconditionally 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 times of engagement a Nominee who in the issue of death or incapacity of the supporter shall became the devotee of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be on your own one shareholder.

Restriction upon One Person Company:

There shall be only one fanatic 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 solution financial year shall not at any point exceed Rs. 2 crore.

In the business of non agreement 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 bill in the publicize of devotee 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 checking account and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall grow less with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited business format whereby a minimum of 2 members can incorporate the company by fulfilling distinct formalities. Private limited company does not have any restriction with high regard of number of members or turnover or share capital as there is in imitation of the one person company. So a person can complete business in hassle release manner without heartbreaking 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 supporter can transfer his/her share only after taking come to of anything the other shareholders.
A private company cannot have the funds for 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 savings account 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 tally and Gas Passbook

Company Name and Object.

The Name of the company ends as soon as 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 vast and versatile form of business registration whereby public in general can afterward invest their money and accept part in active buildup 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 additional forms of event 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 relation 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,