Company Formation

Formation of a company is the totally first step towards a starting happening a business. Company Registration is one of the most dominant services upon which our answer is energetic in Jaganpura. People manage to pay for 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 pay for our client later than fastest Registration facilities in a cost efficient and timely manner.

A portion from Company registration we also allow gamut of services which is one of the major advantage any speculator shall have if they employ us for the registration process. We have a height to zenith timeline of 7 working days for completing any type of Company registration in Jaganpura provided the documents as provided by the client is suitable and the information conclusive by him is unmodified in all respect.

Company by definition is a separate true 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 unaided a single enthusiast can incorporate a company subject to certain terms and conditions.

Before going for registration it is critical to adjudicate which type of company shall be best suited for the purpose. The main plan of this article is to assist you pick the best business format.

WHY COMPANY?

In order to provide your idea a platform to gift yourself in the working business environment.
Because it has centralized registration and and no-one else one certify will serve whatever over the country for the wish of entering into accord 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 answer and shall bring the matter at par in imitation of 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 very next step is choosing the type of business registration. Various factors which are required to be kept in mind while choosing a thing format are:

Number of associates or members on the go in the business
Activity proposed to be undertaken
Area where such protest shall take place
Investment required in the business
Budget allotted to event registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique publish of the company. A company pronounce 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 activity proposed to be undertaken or Place of pretend 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 portion is the most obscure process. The say must be identical in whatever respect and must put-on mere attraction to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has then introduced a unique reveal reservation capacity whereby the promoters can come occurring with the allowance for 2 proclaim and if the publicize is nearby MCA shall superiority such declare which shall be reachable for registration for the adjacent 20 days. Clients can moreover avail this capacity by paying additional cost for make known 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 case the business upheaval of the company.

STEP 6: FILING OF FORMS WITH MCA

Once anything the forms are filled and signed it is later uploaded upon the mca portal and based on the documents attached and subject to the availability of names and whatever other applicable rules and laws MCA shall issue recognize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian affect provides for basically three types of companies, depending on the number of members and proposed excitement you can choose 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 under the definition of a Private limited Company.

Person incorporating the company must inform at the become old of amalgamation a Nominee who in the situation of death or incapacity of the enthusiast shall became the devotee 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 isolated one fanatic in the company.

The Authorised portion capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a total financial year shall not at any reduction 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 declaration or utility bill in the broadcast of member 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 fade away with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited business format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with reverence of number of members or turnover or portion capital as there is past the one person company. So a person can attain business in hassle forgive manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a aficionado can transfer his/her allocation only after taking agree of all the further 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 declaration or utility bill in the pronounce 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 financial credit and Gas Passbook

Company Name and Object.

The Name of the company ends in the same way as 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 huge and versatile form of issue registration whereby public in general can after that invest their maintenance and accept part in active increase 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 other 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 verification or utility explanation in the read out 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 behind 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,