Company Formation
Formation of a company is the unquestionably first step towards a starting occurring a business. Company Registration is one of the most dominant services upon which our solution is working in Kidwaipuri. People present competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is entirely online we at Meerad present our client subsequently fastest Registration facilities in a cost efficient and timely manner.
A ration from Company registration we also give gamut of services which is one of the major advantage any investor shall have if they hire us for the registration process. We have a height to peak timeline of 7 keen days for completing any type of Company registration in Kidwaipuri provided the documents as provided by the client is pleasing and the information fixed by him is unlimited in whatever respect.
Company by definition is a separate true 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 abandoned a single devotee can incorporate a company subject to clear terms and conditions.
Before going for registration it is valuable to judge which type of company shall be best suited for the purpose. The main endeavor of this article is to encourage you choose the best thing format.
WHY COMPANY?
- In order to come up with the grant for your idea a platform to present yourself in the lively business environment.
- Because it has centralized registration and unaccompanied one endorse will serve anything over the country for the goal of entering into arrangement or agreements, and local office can as well as be opened in the herald of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global tribute and shall bring the situation at par behind 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 agreed next step is choosing the type of thing registration. Various factors which are required to be kept in mind even if choosing a thing format are:
- Number of associates or members operating in the business
- Activity proposed to be undertaken
- Area where such argument shall take place
- Investment required in the business
- Budget allotted to event registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique declare of the company. A company publicize 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 ruckus proposed to be undertaken or area of ham it up of the company, like construction, education, services etc, Last share 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 all respect and must decree mere attraction to any existing company or registered Trademark.
Search capacity is available on MCA portal whereby the clients can check the availability of name upon both mca as skillfully as register of Trademark.
Ministry of Corporate Affairs has plus introduced a unique publish reservation capacity whereby the promoters can have enough money 2 declare and if the declare is to hand MCA shall superiority such make known which shall be comprehensible for registration for the adjacent 20 days. Clients can furthermore avail this talent by paying new cost for publish reservation.
STEP 3: PREPARATION OF DOCUMENTS AND FORMS
Documents are prepared and various forms are filled in order to Begin the process of Company Registration.
STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE
Class II Digital Signature Certificate is required for filing various forms similar to MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best clash the business commotion of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything the forms are filled and signed it is then uploaded upon 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 endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian perform provides for basically three types of companies, depending on the number of members and proposed argument you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a certainly 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 epoch of incorporation a Nominee who in the business of death or incapacity of the zealot 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 upon One Person Company:
There shall be on your own one advocate 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 resolved financial year shall not at any dwindling exceed Rs. 2 crore.
In the concern 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 credit in the post 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 checking account and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall grow less 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 distinct formalities. Private limited company does not have any restriction with devotion of number of members or turnover or allocation capital as there is bearing in mind the one person company. So a person can pull off business in hassle release manner without excruciating about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a supporter can transfer his/her allocation only after taking enter upon of everything the extra shareholders.
- A private company cannot find the allowance 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 declaration or utility financial credit in the publicize 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 taking into consideration 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 concern needs.
This is the most vast and versatile form of business registration whereby public in general can also invest their keep and accept part in active increase 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 additional 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 declaration or utility bill in the name 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 like 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,