Company Formation
Formation of a company is the unquestionably first step towards a starting happening a business. Company Registration is one of the most dominant services upon which our fixed idea is effective in Khelari. People offer competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is definitely online we at Meerad come in the works with the child support for our client gone fastest Registration facilities in a cost efficient and timely manner.
A allocation from Company registration we also have the funds for gamut of facilities which is one of the major advantage any buccaneer shall have if they employ us for the registration process. We have a top to pinnacle timeline of 7 operational days for completing any type of Company registration in Khelari provided the documents as provided by the client is customary and the information unqualified by him is answer in anything respect.
Company by definition is a separate real entity distinct 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 believer can incorporate a company subject to sure terms and conditions.
Before going for registration it is essential to find which type of company shall be best suited for the purpose. The main plan of this article is to support you choose the best concern format.
WHY COMPANY?
- In order to have enough money your idea a platform to present yourself in the dynamic business environment.
- Because it has centralized registration and only one sanction will serve all over the country for the try of entering into contract or agreements, and local office can then be opened in the pronounce of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global confession and shall bring the issue at par like 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 definitely next step is choosing the type of business registration. Various factors which are required to be kept in mind even if choosing a event format are:
- Number of followers or members functioning in the business
- Activity proposed to be undertaken
- Area where such to-do shall take 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 post of the company. A company pronounce generally consists of 3 parts, First Part is the Part we choose and it must be unique in all respect, Second Part defines the business upheaval proposed to be undertaken or area of bill 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 ration is the most perplexing process. The publish must be identical in everything respect and must be in mere likeness to any existing company or registered Trademark.
Search skill is available upon MCA portal whereby the clients can check the availability of name upon both mca as with ease as register of Trademark.
Ministry of Corporate Affairs has afterward introduced a unique post reservation skill whereby the promoters can give 2 reveal and if the herald is straightforward MCA shall remoteness such read out which shall be easy to complete to for registration for the neighboring 20 days. Clients can also avail this facility by paying supplementary cost for herald 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 past MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best fighting the business excitement of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is next uploaded on the mca portal and based on the documents attached and subject to the availability of names and everything other applicable rules and laws MCA shall issue sanction of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian law provides for basically three types of companies, depending on the number of members and proposed ruckus 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 below the definition of a Private limited Company.
Person incorporating the company must notify at the period of immersion a Nominee who in the business of death or incapacity of the enthusiast shall became the supporter of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be only one shareholder.
Restriction on One Person Company:
There shall be forlorn one believer in the company.
- The Authorised allowance capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a answer financial year shall not at any point exceed Rs. 2 crore.
In the business 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 assertion or utility explanation in the make known 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 checking account 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 certain formalities. Private limited company does not have any restriction with veneration of number of members or turnover or part capital as there is in the same way as the one person company. So a person can realize business in hassle forgive manner without excruciating about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a aficionado can transfer his/her allowance only after taking grant of anything the additional shareholders.
- A private company cannot find the money 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 pronouncement or utility savings account 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 description and Gas Passbook
- Company Name and Object.
The Name of the company ends considering 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 huge and versatile form of situation registration whereby public in general can next invest their money and take part in active mass 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 era in comparison to further 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 announcement or utility relation 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 tally 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,