Company Formation
Formation of a company is the utterly first step towards a starting stirring a business. Company Registration is one of the most dominant services upon which our perfect is in action in Jehanabad. People meet the expense of 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 come up with the allowance for our client with fastest Registration facilities in a cost efficient and timely manner.
A allowance from Company registration we also meet the expense of gamut of services which is one of the major advantage any fortune-hunter shall have if they employ us for the registration process. We have a peak to zenith timeline of 7 in force days for completing any type of Company registration in Jehanabad provided the documents as provided by the client is conventional and the information given by him is perfect in anything respect.
Company by definition is a separate legitimate entity sure 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 supporter can incorporate a company subject to determined terms and conditions.
Before going for registration it is critical to consider which type of company shall be best suited for the purpose. The main set sights on of this article is to put occurring to you pick the best business format.
WHY COMPANY?
- In order to find the maintenance for your idea a platform to gift yourself in the keen business environment.
- Because it has centralized registration and isolated one sanction will serve whatever over the country for the aspiration of entering into covenant or agreements, and local office can afterward be opened in the reveal of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global wave and shall bring the matter at par following 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 thing registration. Various factors which are required to be kept in mind even if choosing a business format are:
- Number of cronies or members enthusiastic in the business
- Activity proposed to be undertaken
- Area where such bustle shall accept place
- Investment required in the business
- Budget allotted to event registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique post of the company. A company reveal 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 area of decree of the company, like construction, education, services etc, Last allowance determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first allocation is the most mysterious process. The say must be identical in whatever respect and must deed mere fellow feeling to any existing company or registered Trademark.
Search power is available upon MCA portal whereby the clients can check the availability of name upon both mca as skillfully as register of Trademark.
Ministry of Corporate Affairs has furthermore introduced a unique reveal reservation power whereby the promoters can find the allowance for 2 broadcast and if the proclaim is to hand MCA shall unfriendliness such state which shall be clear for registration for the next-door 20 days. Clients can in addition to avail this capability by paying new cost for broadcast 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 similar to 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 excitement of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all the forms are filled and signed it is subsequently uploaded on 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 certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian conduct yourself provides for basically three types of companies, depending on the number of members and proposed excitement you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a utterly 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 era of interest a Nominee who in the business 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 abandoned one shareholder.
Restriction on One Person Company:
There shall be only one believer in the company.
- The Authorised ration capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unmodified financial year shall not at any reduction exceed Rs. 2 crore.
In the thing of non acceptance 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 encouragement or utility credit in the declare of zealot 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 description 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 event format whereby a minimum of 2 members can incorporate the company by fulfilling positive formalities. Private limited company does not have any restriction with worship of number of members or turnover or allocation capital as there is in the same way as the one person company. So a person can get business in hassle release manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a aficionada can transfer his/her part only after taking consent of everything the further shareholders.
- A private company cannot meet the expense of 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 broadcast 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 bearing in mind 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 enormous and versatile form of concern registration whereby public in general can as well as invest their grant 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 grow old in comparison to supplementary forms of thing 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 support or utility savings account in the make known 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 next 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,