Company Formation
Formation of a company is the no question first step towards a starting up a business. Company Registration is one of the most dominant services upon which our complete is in action in Gaya. People have the funds for competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is definitely online we at Meerad give our client when fastest Registration facilities in a cost efficient and timely manner.
A share from Company registration we also come happening with the money for 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 culmination timeline of 7 enthusiastic days for completing any type of Company registration in Gaya provided the documents as provided by the client is within passable limits and the information unconditional by him is fixed in anything respect.
Company by definition is a separate legal 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 clear terms and conditions.
Before going for registration it is valuable to announce which type of company shall be best suited for the purpose. The main want of this article is to assist you choose the best event format.
WHY COMPANY?
- In order to present your idea a platform to gift yourself in the keen business environment.
- Because it has centralized registration and and no-one else one sanction will serve anything over the country for the goal of entering into bargain or agreements, and local office can then be opened in the proclaim of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global confession and shall bring the situation 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 definitely next step is choosing the type of business registration. Various factors which are required to be kept in mind while choosing a situation format are:
- Number of associates or members full of zip in the business
- Activity proposed to be undertaken
- Area where such protest shall take place
- Investment required in the business
- Budget allotted to issue registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique make known of the company. A company pronounce 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 pretense of the company, like construction, education, services etc, Last ration determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first allowance is the most technical process. The declare must be identical in everything respect and must con mere likeness to any existing company or registered Trademark.
Search aptitude 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 afterward introduced a unique name reservation talent whereby the promoters can provide 2 pronounce and if the name is understandable MCA shall coldness such read out which shall be available for registration for the bordering 20 days. Clients can moreover avail this knack by paying additional cost for pronounce 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 taking into account MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best achievement the business protest of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything 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 everything other applicable rules and laws MCA shall issue certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian do something provides for basically three types of companies, depending on the number of members and proposed protest you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a totally 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 get older of captivation a Nominee who in the thing of death or incapacity of the aficionada shall became the zealot of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be solitary one shareholder.
Restriction on One Person Company:
There shall be solitary one supporter 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 supreme financial year shall not at any dwindling exceed Rs. 2 crore.
In the business 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 upholding or utility checking account in the proclaim of supporter 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 financial credit and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall subside with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited concern format whereby a minimum of 2 members can incorporate the company by fulfilling clear formalities. Private limited company does not have any restriction with honoring of number of members or turnover or share capital as there is with the one person company. So a person can do business in hassle free manner without unbearable 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 advocate can transfer his/her part only after taking grant of whatever the additional shareholders.
- A private company cannot allow 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 assertion or utility relation in the state 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 bill and Gas Passbook
- Company Name and Object.
The Name of the company ends when 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 business needs.
This is the most huge and versatile form of situation registration whereby public in general can then invest their allowance and accept part in active growth 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 era in comparison to additional 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 announcement or utility bank account 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 report 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,