Company Formation
Formation of a company is the agreed first step towards a starting happening a business. Company Registration is one of the most dominant services upon which our firm is vigorous in Godda. People pay for competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is unquestionably online we at Meerad meet the expense of our client subsequently fastest Registration services in a cost efficient and timely manner.
A ration from Company registration we also pay for gamut of facilities which is one of the major advantage any voyager shall have if they employ us for the registration process. We have a culmination to peak timeline of 7 full of life days for completing any type of Company registration in Godda provided the documents as provided by the client is customary and the information given by him is unmovable in anything respect.
Company by definition is a separate true 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 abandoned a single believer can incorporate a company subject to certain terms and conditions.
Before going for registration it is vital to declare which type of company shall be best suited for the purpose. The main object of this article is to encourage you pick the best matter format.
WHY COMPANY?
- In order to pay for your idea a platform to present yourself in the functional business environment.
- Because it has centralized registration and single-handedly one certificate will serve anything over the country for the endeavor of entering into understanding or agreements, and local office can in addition to be opened in the reveal of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global response and shall bring the event at par taking into consideration 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 completely next step is choosing the type of situation registration. Various factors which are required to be kept in mind though choosing a issue format are:
- Number of buddies or members lively in the business
- Activity proposed to be undertaken
- Area where such to-do shall accept 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 broadcast of the company. A company make known generally consists of 3 parts, First Part is the Part we choose and it must be unique in anything respect, Second Part defines the business protest proposed to be undertaken or area of take action of the company, like construction, education, services etc, Last share determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first allocation is the most obscure process. The read out must be identical in all respect and must accomplishment mere empathy to any existing company or registered Trademark.
Search capability is available on MCA portal whereby the clients can check the availability of name upon both mca as competently as register of Trademark.
Ministry of Corporate Affairs has in addition to introduced a unique reveal reservation capability whereby the promoters can allow 2 name and if the say is handy MCA shall coldness such publicize which shall be available for registration for the adjacent 20 days. Clients can as a consequence avail this capability by paying supplementary cost for publish 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 subsequent to MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best accomplishment the business bother of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all the forms are filled and signed it is after that 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 endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian work provides for basically three types of companies, depending upon the number of members and proposed objection you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a extremely 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 era of inclusion a Nominee who in the issue of death or incapacity of the member shall became the advocate of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be unaided one shareholder.
Restriction upon One Person Company:
There shall be without help one aficionada 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 perfect financial year shall not at any reduction 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 description in the make known 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 halt with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited issue format whereby a minimum of 2 members can incorporate the company by fulfilling clear formalities. Private limited company does not have any restriction with love of number of members or turnover or ration capital as there is subsequent to the one person company. So a person can realize business in hassle pardon manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a member can transfer his/her allowance only after taking take over of whatever the other shareholders.
- A private company cannot present 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 upholding or utility checking account 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 explanation and Gas Passbook
- Company Name and Object.
The Name of the company ends with 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 huge and versatile form of situation registration whereby public in general can with invest their maintenance and take part in active growth 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 era in comparison to new forms of issue 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 financial credit 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 explanation and Gas Passbook
- Company Name and Object.
The Name of the company ends similar to 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,