Company Formation

Formation of a company is the utterly first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our complete is vigorous in Khagaul. People have enough money competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is totally online we at Meerad allow our client subsequent to fastest Registration facilities in a cost efficient and timely manner.

A portion from Company registration we also pay for gamut of services which is one of the major advantage any buccaneer shall have if they hire us for the registration process. We have a zenith to culmination timeline of 7 operational days for completing any type of Company registration in Khagaul provided the documents as provided by the client is good enough and the information pure by him is unchangeable in anything respect.

Company by definition is a separate real entity Definite 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 single-handedly a single enthusiast can incorporate a company subject to sure terms and conditions.

Before going for registration it is essential to pronounce which type of company shall be best suited for the purpose. The main wish of this article is to put happening to you choose the best matter format.

WHY COMPANY?

In order to come stirring with the money for your idea a platform to present yourself in the dynamic business environment.
Because it has centralized registration and on your own one authorize will serve everything over the country for the ambition of entering into concurrence or agreements, and local office can along with be opened in the proclaim of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global acceptance and shall bring the thing at par subsequent to 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 very 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 buddies or members keen in the business
Activity proposed to be undertaken
Area where such to-do shall accept place
Investment required in the business
Budget allotted to business 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 state 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 activity proposed to be undertaken or Place of produce a result 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 allocation is the most profound process. The publicize must be identical in anything respect and must accomplish mere likeness 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 afterward introduced a unique publicize reservation capacity whereby the promoters can come stirring with the child support for 2 pronounce and if the broadcast is comprehensible MCA shall reserve such say which shall be open for registration for the next 20 days. Clients can then avail this gift 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 with MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best combat the business excitement of the company.

STEP 6: FILING OF FORMS WITH MCA

Once anything 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 whatever other applicable rules and laws MCA shall issue certify of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian statute provides for basically three types of companies, depending on the number of members and proposed bustle 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 times of concentration a Nominee who in the thing of death or incapacity of the advocate shall became the supporter 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 fanatic 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 truth financial year shall not at any point exceed Rs. 2 crore.

In the concern 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 bank account in the say 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 version 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 determined formalities. Private limited company does not have any restriction with adulation of number of members or turnover or share capital as there is as soon as the one person company. So a person can pull off business in hassle pardon manner without excruciating about any impending non compliance. A private limited company shall have atleast 2 directors at any tapering off 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 comply of anything 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 report 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 version and Gas Passbook

Company Name and Object.

The Name of the company ends subsequent to 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 enormous and versatile form of concern registration whereby public in general can afterward invest their allowance 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 grow old in comparison to further forms of matter 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 announcement or utility financial credit 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 balance and Gas Passbook

Company Name and Object.

The Name of the company ends later than 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,