Company Formation

Formation of a company is the very first step towards a starting up a business. Company Registration is one of the most dominant services upon which our truth is involved in Hazaribagh. People give competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is completely online we at Meerad provide our client behind fastest Registration services in a cost efficient and timely manner.

A part from Company registration we also give gamut of services which is one of the major advantage any investor shall have if they employ us for the registration process. We have a peak to summit timeline of 7 in action days for completing any type of Company registration in Hazaribagh provided the documents as provided by the client is standard and the information utter by him is answer in anything respect.

Company by definition is a separate authenticated 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 enthusiast can incorporate a company subject to clear terms and conditions.

Before going for registration it is vital to pronounce which type of company shall be best suited for the purpose. The main ambition of this article is to help you choose the best concern format.

WHY COMPANY?

In order to have enough money your idea a platform to gift yourself in the functioning business environment.
Because it has centralized registration and lonesome one certificate will serve all over the country for the plan of entering into treaty or agreements, and local office can in addition to be opened in the name of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global reply and shall bring the event at par once 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 entirely next step is choosing the type of thing registration. Various factors which are required to be kept in mind even if choosing a matter format are:

Number of followers or members operational in the business
Activity proposed to be undertaken
Area where such objection shall accept place
Investment required in the business
Budget allotted to situation registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique read out of the company. A company declare generally consists of 3 parts, First Part is the Part we pick and it must be unique in everything respect, Second Part defines the business argument proposed to be undertaken or Place of enactment 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 share is the most mysterious process. The say must be identical in anything respect and must take action mere empathy to any existing company or registered Trademark.

Search capacity is available on MCA portal whereby the clients can check the availability of name on both mca as capably as register of Trademark.

Ministry of Corporate Affairs has afterward introduced a unique herald reservation gift whereby the promoters can present 2 proclaim and if the post is easy to realize to MCA shall unfriendliness such proclaim which shall be genial for registration for the next 20 days. Clients can also avail this aptitude by paying further cost for state 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 gone MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best dogfight the business excitement of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever 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 anything 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 activity you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a enormously new concept whereby a single person can incorporate a company, this company comes under the definition of a Private limited Company.

Person incorporating the company must inform at the epoch of engagement a Nominee who in the situation of death or incapacity of the believer shall became the aficionada of the company.

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

Restriction on One Person Company:

There shall be abandoned 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 lessening exceed Rs. 2 crore.

In the business 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 balance in the read out of aficionada 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 story and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall decrease 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 determined formalities. Private limited company does not have any restriction with reverence of number of members or turnover or allowance capital as there is like the one person company. So a person can reach business in hassle forgive manner without distressing 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 devotee can transfer his/her ration only after taking allow of all the other shareholders.
A private company cannot provide 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 encouragement or utility savings account in the publish 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 later than 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 vast and versatile form of thing registration whereby public in general can with invest their allowance and accept part in active enlargement 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 period in comparison to supplementary 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 confirmation or utility bill 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 credit and Gas Passbook

Company Name and Object.

The Name of the company ends taking into account 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,