Company Formation
Formation of a company is the entirely first step towards a starting going on a business. Company Registration is one of the most dominant services on which our total is functioning in Jamtara. People present competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is completely online we at Meerad manage to pay for our client in the same way as fastest Registration facilities in a cost efficient and timely manner.
A part from Company registration we also present gamut of facilities which is one of the major advantage any traveler shall have if they hire us for the registration process. We have a pinnacle to peak timeline of 7 committed days for completing any type of Company registration in Jamtara provided the documents as provided by the client is good enough and the information unconditional by him is unmodified in anything respect.
Company by definition is a separate legal 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 by yourself a single member can incorporate a company subject to positive terms and conditions.
Before going for registration it is indispensable to rule which type of company shall be best suited for the purpose. The main object of this article is to back you choose the best matter format.
WHY COMPANY?
- In order to give your idea a platform to present yourself in the involved business environment.
- Because it has centralized registration and unaided one recognize will serve everything over the country for the direct of entering into understanding or agreements, and local office can also be opened in the post of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global answer and shall bring the business at par in the same way as 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 utterly next step is choosing the type of issue registration. Various factors which are required to be kept in mind though choosing a matter format are:
- Number of cronies or members energetic in the business
- Activity proposed to be undertaken
- Area where such ruckus shall accept 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 declare of the company. A company broadcast generally consists of 3 parts, First Part is the Part we pick and it must be unique in anything respect, Second Part defines the business argument proposed to be undertaken or Place of action 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 share is the most highbrow process. The name must be identical in whatever respect and must sham mere sympathy to any existing company or registered Trademark.
Search power 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 as a consequence introduced a unique state reservation gift whereby the promoters can pay for 2 state and if the reveal is comprehensible MCA shall coldness such say which shall be to hand for registration for the neighboring 20 days. Clients can also avail this capacity by paying extra cost for say 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 later than MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best charge the business objection of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything 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 anything other applicable rules and laws MCA shall issue certificate of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian behave provides for basically three types of companies, depending on the number of members and proposed activity you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a categorically 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 notify at the get older of combination a Nominee who in the event of death or incapacity of the aficionada shall became the believer of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be and no-one else one shareholder.
Restriction on One Person Company:
There shall be by yourself one aficionado in the company.
- The Authorised share capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a final financial year shall not at any narrowing exceed Rs. 2 crore.
In the business of non assent 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 announcement or utility relation in the pronounce of believer 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 decline with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited situation format whereby a minimum of 2 members can incorporate the company by fulfilling sure formalities. Private limited company does not have any restriction with reverence of number of members or turnover or allowance capital as there is afterward the one person company. So a person can complete business in hassle free manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a member can transfer his/her portion only after taking assent of everything the further shareholders.
- A private company cannot 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 support or utility tally in the reveal 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 balance 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 thing needs.
This is the most immense and versatile form of business registration whereby public in general can plus invest their keep 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 mature in comparison to new forms of event 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 statement or utility report 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 bank account and Gas Passbook
- Company Name and Object.
The Name of the company ends later 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,