Company Formation
Formation of a company is the unquestionably first step towards a starting going on a business. Company Registration is one of the most dominant services on which our complete is operating in Gardanibag. People find the allowance for competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is categorically online we at Meerad give our client like fastest Registration facilities in a cost efficient and timely manner.
A part from Company registration we also have the funds for gamut of facilities which is one of the major advantage any investor shall have if they employ us for the registration process. We have a height to culmination timeline of 7 functioning days for completing any type of Company registration in Gardanibag provided the documents as provided by the client is enjoyable and the information unadulterated by him is resolved in anything respect.
Company by definition is a separate genuine 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 and no-one else a single devotee can incorporate a company subject to sure terms and conditions.
Before going for registration it is necessary to find which type of company shall be best suited for the purpose. The main point toward of this article is to back you choose the best situation format.
WHY COMPANY?
- In order to present your idea a platform to present yourself in the operational business environment.
- Because it has centralized registration and by yourself one endorse will serve everything over the country for the target of entering into treaty or agreements, and local office can with be opened in the make known of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global reply and shall bring the event at par taking into account 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 certainly next step is choosing the type of concern registration. Various factors which are required to be kept in mind even though choosing a thing format are:
- Number of followers or members enthusiastic in the business
- Activity proposed to be undertaken
- Area where such commotion shall accept place
- Investment required in the business
- Budget allotted to issue registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique herald of the company. A company publish 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 commotion proposed to be undertaken or Place of perform 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 ration is the most highbrow process. The proclaim must be identical in everything respect and must perform mere similarity to any existing company or registered Trademark.
Search capacity is available upon MCA portal whereby the clients can check the availability of name upon both mca as well as register of Trademark.
Ministry of Corporate Affairs has then introduced a unique post reservation capacity whereby the promoters can offer 2 declare and if the read out is affable MCA shall detachment such declare which shall be nearby for registration for the adjacent 20 days. Clients can along with avail this power by paying new cost for publish 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 bearing in mind MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best charge the business protest of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all the forms are filled and signed it is subsequently 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 authorize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian discharge duty provides for basically three types of companies, depending on the number of members and proposed upheaval 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 below the definition of a Private limited Company.
Person incorporating the company must notify at the time of combination a Nominee who in the issue of death or incapacity of the supporter shall became the zealot of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be only one shareholder.
Restriction on One Person Company:
There shall be on your own one aficionada 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 unquestionable financial year shall not at any point exceed Rs. 2 crore.
In the situation 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 declaration or utility balance in the say of advocate 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 credit and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall terminate with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited event format whereby a minimum of 2 members can incorporate the company by fulfilling positive formalities. Private limited company does not have any restriction with love of number of members or turnover or share capital as there is taking into account the one person company. So a person can pull off business in hassle clear manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a aficionada can transfer his/her ration only after taking comply of whatever the additional shareholders.
- A private company cannot offer 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 explanation 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 version and Gas Passbook
- Company Name and Object.
The Name of the company ends similar to 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 in addition to invest their grant 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 period in comparison to extra 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 announcement or utility relation in the make known 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 LIMITED
Contact us at
+91-85400-78000,
+91-85400-85000,
+91-85400-99000 (Calls and Whatapps both)
Email us at: info@meerad.in,