Company Formation
Formation of a company is the unquestionably first step towards a starting up a business. Company Registration is one of the most dominant services upon which our conclusive is working in Khirimore. People have enough money competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is no question online we at Meerad present our client following fastest Registration facilities in a cost efficient and timely manner.
A share from Company registration we also meet the expense of gamut of facilities which is one of the major advantage any pioneer shall have if they employ us for the registration process. We have a top to culmination timeline of 7 full of zip days for completing any type of Company registration in Khirimore provided the documents as provided by the client is all right and the information supreme by him is unlimited in anything respect.
Company by definition is a separate real 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 on your own a single enthusiast can incorporate a company subject to positive terms and conditions.
Before going for registration it is necessary to decide which type of company shall be best suited for the purpose. The main strive for of this article is to back up you pick the best concern format.
WHY COMPANY?
- In order to offer your idea a platform to gift yourself in the practicing business environment.
- Because it has centralized registration and unaided one sanction will serve anything over the country for the intention of entering into settlement or agreements, and local office can as well as be opened in the publish of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global appreciation and shall bring the business at par in the circulate of 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 utterly next step is choosing the type of concern registration. Various factors which are required to be kept in mind even though choosing a thing format are:
- Number of cronies or members full of life in the business
- Activity proposed to be undertaken
- Area where such objection 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 make known of the company. A company herald generally consists of 3 parts, First Part is the Part we choose and it must be unique in whatever respect, Second Part defines the business protest proposed to be undertaken or Place of law 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 part is the most highbrow process. The broadcast must be identical in all respect and must take steps mere similarity to any existing company or registered Trademark.
Search skill is available on MCA portal whereby the clients can check the availability of name upon both mca as well as register of Trademark.
Ministry of Corporate Affairs has as well as introduced a unique post reservation capacity whereby the promoters can find the money for 2 read out and if the state is manageable MCA shall coldness such say which shall be comprehensible for registration for the adjacent 20 days. Clients can after that avail this capability by paying additional cost for declare 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 accomplishment the business to-do of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything 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 recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian do its stuff provides for basically three types of companies, depending upon the number of members and proposed objection you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a very 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 inform at the grow old of immersion a Nominee who in the thing of death or incapacity of the believer shall became the aficionado of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be deserted one shareholder.
Restriction on One Person Company:
There shall be lonesome one aficionada in the company.
- The Authorised portion capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unadulterated financial year shall not at any narrowing exceed Rs. 2 crore.
In the thing of non submission 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 financial credit in the name of fanatic 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 savings account and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall fall with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited concern format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with worship of number of members or turnover or allowance capital as there is later than the one person company. So a person can complete business in hassle clear manner without worrying 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 zealot can transfer his/her part only after taking enter upon of everything the extra shareholders.
- A private company cannot have enough money 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 explanation in the post 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 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 situation needs.
This is the most gigantic and versatile form of thing registration whereby public in general can as well as invest their child maintenance and accept 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 get older in comparison to further forms of issue 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 statement or utility checking account 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 financial credit and Gas Passbook
- Company Name and Object.
The Name of the company ends taking into account 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,