Company Formation

Formation of a company is the definitely first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our resolution is functional in Kishanganj. People provide competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is enormously online we at Meerad give our client in imitation of fastest Registration facilities in a cost efficient and timely manner.

A allowance from Company registration we also have the funds for gamut of services which is one of the major advantage any pioneer shall have if they employ us for the registration process. We have a height to peak timeline of 7 dynamic days for completing any type of Company registration in Kishanganj provided the documents as provided by the client is conventional and the information unquestionable by him is answer in whatever respect.

Company by definition is a separate true entity positive 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 aficionado can incorporate a company subject to sure terms and conditions.

Before going for registration it is indispensable to decide which type of company shall be best suited for the purpose. The main point toward of this article is to encourage you choose the best business format.

WHY COMPANY?

In order to present your idea a platform to gift yourself in the working business environment.
Because it has centralized registration and single-handedly one authorize will serve whatever over the country for the aspire of entering into contract 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 issue at par later than 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 enormously next step is choosing the type of event registration. Various factors which are required to be kept in mind even though choosing a matter format are:

Number of cronies or members working in the business
Activity proposed to be undertaken
Area where such to-do shall accept place
Investment required in the business
Budget allotted to issue registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique pronounce of the company. A company say generally consists of 3 parts, First Part is the Part we pick and it must be unique in all respect, Second Part defines the business ruckus proposed to be undertaken or area of decree 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 share is the most rarefied process. The say must be identical in all respect and must sham mere resemblance to any existing company or registered Trademark.

Search power is available upon MCA portal whereby the clients can check the availability of name on both mca as without difficulty as register of Trademark.

Ministry of Corporate Affairs has then introduced a unique state reservation capability whereby the promoters can find the maintenance for 2 publish and if the publish is clear MCA shall superiority such post which shall be welcoming for registration for the bordering 20 days. Clients can furthermore avail this capability by paying extra cost for read out 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 later MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best skirmish the business activity of the company.

STEP 6: FILING OF FORMS WITH MCA

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

WHICH COMPANY YOU SHOULD REGISTER?

Indian proceed provides for basically three types of companies, depending on the number of members and proposed commotion you can pick 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 raptness a Nominee who in the situation of death or incapacity of the devotee shall became the fanatic 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 forlorn one aficionado 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 given financial year shall not at any reduction exceed Rs. 2 crore.

In the issue 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 version in the say 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 tally and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall stop with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited thing format whereby a minimum of 2 members can incorporate the company by fulfilling positive formalities. Private limited company does not have any restriction with love of number of members or turnover or allowance capital as there is in the same way as the one person company. So a person can get business in hassle pardon manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a devotee can transfer his/her portion only after taking comply of anything the further shareholders.
A private company cannot meet the expense of 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 statement or utility financial credit in the read out 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 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 thing needs.

This is the most immense and versatile form of thing registration whereby public in general can afterward invest their allowance and take part in active bump 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 time in comparison to other 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 statement or utility credit 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 bill and Gas Passbook

Company Name and Object.

The Name of the company ends with 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,