Company Formation

Formation of a company is the entirely first step towards a starting taking place a business. Company Registration is one of the most dominant services on which our supreme is functioning in Kadam Kuan. People provide competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is entirely online we at Meerad have the funds for our client taking into account fastest Registration facilities in a cost efficient and timely manner.

A part from Company registration we also allow gamut of services which is one of the major advantage any opportunist shall have if they hire us for the registration process. We have a top to height timeline of 7 effective days for completing any type of Company registration in Kadam Kuan provided the documents as provided by the client is enjoyable and the information final by him is unmovable in whatever respect.

Company by definition is a separate legal entity determined 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 lonely a single devotee can incorporate a company subject to determined terms and conditions.

Before going for registration it is valuable to declare which type of company shall be best suited for the purpose. The main goal of this article is to urge on you choose the best concern format.

WHY COMPANY?

In order to give your idea a platform to present yourself in the in force business environment.
Because it has centralized registration and deserted one certificate will serve everything over the country for the wish of entering into contract or agreements, and local office can after that be opened in the state of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global wave and shall bring the business at par later than 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 definitely next step is choosing the type of event registration. Various factors which are required to be kept in mind though choosing a concern format are:

Number of associates or members full of life in the business
Activity proposed to be undertaken
Area where such upheaval shall take place
Investment required in the business
Budget allotted to concern registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique publicize of the company. A company publish 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 commotion proposed to be undertaken or area of put it on of the company, like construction, education, services etc, Last allocation determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first allocation is the most perplexing process. The state must be identical in anything respect and must decree mere empathy to any existing company or registered Trademark.

Search knack is available upon MCA portal whereby the clients can check the availability of name upon both mca as without difficulty as register of Trademark.

Ministry of Corporate Affairs has afterward introduced a unique publish reservation capacity whereby the promoters can present 2 proclaim and if the reveal is simple MCA shall superiority such say which shall be approachable for registration for the next-door 20 days. Clients can afterward avail this knack by paying new cost for proclaim 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 considering MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best battle the business upheaval of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever the forms are filled and signed it is subsequently uploaded upon 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 sanction of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian play a role provides for basically three types of companies, depending upon the number of members and proposed bustle you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a no question 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 time of fascination a Nominee who in the concern of death or incapacity of the aficionado shall became the aficionado of the company.

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

Restriction on One Person Company:

There shall be unaccompanied one fanatic in the company.

The Authorised part capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a unmovable financial year shall not at any dwindling exceed Rs. 2 crore.

In the situation 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 support or utility balance in the broadcast 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 bill and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall end 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 sure formalities. Private limited company does not have any restriction with adulation of number of members or turnover or ration capital as there is with the one person company. So a person can accomplish business in hassle pardon manner without worrying 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 supporter can transfer his/her portion only after taking inherit of everything the further shareholders.
A private company cannot give 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 verification or utility story in the say 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 relation 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 matter needs.

This is the most gigantic and versatile form of concern registration whereby public in general can with invest their child maintenance and accept part in active accrual 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 become old in comparison to further 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 avowal 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 tab and Gas Passbook

Company Name and Object.

The Name of the company ends considering 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,