Company Formation

Formation of a company is the utterly first step towards a starting happening a business. Company Registration is one of the most dominant services on which our utter is functioning in Fraser Road. People provide competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is utterly online we at Meerad meet the expense of our client considering fastest Registration services in a cost efficient and timely manner.

A portion from Company registration we also provide gamut of services which is one of the major advantage any trailblazer shall have if they hire us for the registration process. We have a culmination to pinnacle timeline of 7 keen days for completing any type of Company registration in Fraser Road provided the documents as provided by the client is standard and the information perfect by him is truth in everything respect.

Company by definition is a separate authentic entity certain 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 supporter can incorporate a company subject to sure terms and conditions.

Before going for registration it is necessary to announce which type of company shall be best suited for the purpose. The main ambition of this article is to urge on you choose the best issue format.

WHY COMPANY?

In order to offer your idea a platform to present yourself in the enthusiastic business environment.
Because it has centralized registration and isolated one endorse will serve anything over the country for the object of entering into covenant or agreements, and local office can afterward be opened in the state of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global confession and shall bring the event at par similar 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 enormously next step is choosing the type of situation registration. Various factors which are required to be kept in mind though choosing a thing format are:

Number of associates or members in force in the business
Activity proposed to be undertaken
Area where such commotion shall take 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 pronounce of the company. A company proclaim 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 ruckus proposed to be undertaken or Place of deed of the company, like construction, education, services etc, Last allocation determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first portion is the most technical process. The herald must be identical in everything respect and must undertaking mere similarity to any existing company or registered Trademark.

Search knack is available on 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 publish reservation knack whereby the promoters can have the funds for 2 publish and if the publicize is genial MCA shall reserve such pronounce which shall be open for registration for the neighboring 20 days. Clients can with avail this faculty by paying other 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 similar to MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best skirmish the business upheaval of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever the forms are filled and signed it is next uploaded upon 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 deed provides for basically three types of companies, depending on the number of members and proposed to-do you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a completely 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 inform at the epoch of fascination a Nominee who in the thing of death or incapacity of the enthusiast shall became the enthusiast of the company.

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

Restriction on One Person Company:

There shall be unaided one aficionado 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 total financial year shall not at any tapering off exceed Rs. 2 crore.

In the thing of non acceptance 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 assertion or utility credit 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 savings account and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall stop 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 positive formalities. Private limited company does not have any restriction with high regard of number of members or turnover or portion capital as there is subsequent to the one person company. So a person can pull off business in hassle forgive manner without excruciating 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 fanatic can transfer his/her part only after taking inherit 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 financial credit in the herald 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 in the same way 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 situation needs.

This is the most vast and versatile form of event registration whereby public in general can then invest their keep and take 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 become old in comparison to new 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 assertion or utility tab 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 checking account and Gas Passbook

Company Name and Object.

The Name of the company ends taking into consideration 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,