Company Formation
Formation of a company is the utterly first step towards a starting happening a business. Company Registration is one of the most dominant services on which our total is enthusiastic in Kantatoli. People come occurring with the child maintenance for competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is certainly online we at Meerad meet the expense of our client like fastest Registration facilities in a cost efficient and timely manner.
A share from Company registration we also have the funds for gamut of facilities which is one of the major advantage any investor shall have if they employ us for the registration process. We have a peak to peak timeline of 7 working days for completing any type of Company registration in Kantatoli provided the documents as provided by the client is gratifying and the information total by him is truth in all respect.
Company by definition is a separate valid 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 by yourself a single zealot can incorporate a company subject to sure terms and conditions.
Before going for registration it is necessary to announce which type of company shall be best suited for the purpose. The main try of this article is to incite you choose the best situation format.
WHY COMPANY?
- In order to come occurring with the grant for your idea a platform to gift yourself in the on the go business environment.
- Because it has centralized registration and unaided one authorize will serve all over the country for the mean of entering into accord or agreements, and local office can next be opened in the state of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global answer and shall bring the thing at par when 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 issue registration. Various factors which are required to be kept in mind even though choosing a matter format are:
- Number of cronies or members enthusiastic in the business
- Activity proposed to be undertaken
- Area where such argument shall accept place
- Investment required in the business
- Budget allotted to matter registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique herald of the company. A company declare 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 bustle proposed to be undertaken or area of performance of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first portion is the most complex process. The proclaim must be identical in whatever respect and must affect mere similarity to any existing company or registered Trademark.
Search capacity is available upon MCA portal whereby the clients can check the availability of name upon both mca as capably as register of Trademark.
Ministry of Corporate Affairs has along with introduced a unique herald reservation gift whereby the promoters can manage to pay for 2 state and if the herald is within reach MCA shall remoteness such state which shall be straightforward for registration for the next 20 days. Clients can also avail this talent by paying further cost for publish 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 bearing in mind MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best stroke the business protest of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is next uploaded upon the mca portal and based on the documents attached and subject to the availability of names and all other applicable rules and laws MCA shall issue certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian sham provides for basically three types of companies, depending upon the number of members and proposed ruckus you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a extremely 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 epoch of captivation a Nominee who in the matter of death or incapacity of the supporter shall became the enthusiast of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be abandoned one shareholder.
Restriction upon One Person Company:
There shall be solitary one member 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 fixed idea financial year shall not at any tapering off exceed Rs. 2 crore.
In the event of non agreement 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 pronouncement or utility bill in the make known of advocate 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 balance and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall halt with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited issue format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with exaltation of number of members or turnover or portion capital as there is following the one person company. So a person can reach business in hassle release manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a devotee can transfer his/her share only after taking come to of anything the new shareholders.
- A private company cannot manage to 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 announcement or utility bill in the herald 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 like 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 immense and versatile form of issue registration whereby public in general can along with invest their child maintenance and accept part in active deposit 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 period in comparison to new 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 confirmation or utility tally in the proclaim 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 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,