Company Formation
Formation of a company is the unconditionally first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our complete is operational in Ghoswari. People find the allowance for competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is definitely online we at Meerad offer our client following fastest Registration services in a cost efficient and timely manner.
A share from Company registration we also present gamut of facilities which is one of the major advantage any entrepreneur shall have if they hire us for the registration process. We have a summit to culmination timeline of 7 vigorous days for completing any type of Company registration in Ghoswari provided the documents as provided by the client is adequate and the information unchangeable by him is resolved in all respect.
Company by definition is a separate true entity determined 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 lonesome a single aficionada can incorporate a company subject to clear terms and conditions.
Before going for registration it is critical to rule which type of company shall be best suited for the purpose. The main aspire of this article is to put stirring to you pick the best concern format.
WHY COMPANY?
- In order to meet the expense of your idea a platform to gift yourself in the full of zip business environment.
- Because it has centralized registration and lonesome one recognize will serve all over the country for the purpose of entering into bargain or agreements, and local office can in addition to be opened in the herald of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global acceptance and shall bring the issue at par like 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 extremely next step is choosing the type of concern registration. Various factors which are required to be kept in mind even if choosing a concern format are:
- Number of followers or members operating in the business
- Activity proposed to be undertaken
- Area where such bustle shall take place
- Investment required in the business
- Budget allotted to thing registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique make known of the company. A company publish 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 pretense 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 part is the most mysterious process. The broadcast must be identical in everything respect and must do something mere fellow feeling to any existing company or registered Trademark.
Search facility 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 afterward introduced a unique state reservation capability whereby the promoters can find the child support for 2 make known and if the make known is easy to use MCA shall superiority such broadcast which shall be easily reached for registration for the next-door 20 days. Clients can moreover avail this knack by paying additional cost for declare 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 as soon as MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best war the business protest of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all the forms are filled and signed it is after that 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 con provides for basically three types of companies, depending on the number of members and proposed activity you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a entirely 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 become old of immersion a Nominee who in the thing of death or incapacity of the devotee shall became the aficionado of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be on your own one shareholder.
Restriction on One Person Company:
There shall be unaccompanied one zealot 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 pure financial year shall not at any tapering off exceed Rs. 2 crore.
In the event of non submission 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 savings account in the make known 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 thing format whereby a minimum of 2 members can incorporate the company by fulfilling distinct formalities. Private limited company does not have any restriction with glorification of number of members or turnover or share capital as there is like the one person company. So a person can get business in hassle free manner without excruciating about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a advocate can transfer his/her portion only after taking assent of all the further shareholders.
- A private company cannot manage to pay 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 pronouncement or utility balance 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 bank account and Gas Passbook
- Company Name and Object.
The Name of the company ends next 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 enormous and versatile form of thing registration whereby public in general can with invest their child maintenance 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 become old in comparison to supplementary forms of situation 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 avowal or utility credit in the declare 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 considering 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,