Company Formation
Formation of a company is the very first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our fixed idea is in action in Lalpur. People give 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 have the funds for our client behind fastest Registration facilities in a cost efficient and timely manner.
A ration from Company registration we also provide gamut of services which is one of the major advantage any fortune-hunter shall have if they employ us for the registration process. We have a top to top timeline of 7 operating days for completing any type of Company registration in Lalpur provided the documents as provided by the client is agreeable and the information unquestionable by him is final in whatever respect.
Company by definition is a separate legal entity clear 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 only a single zealot can incorporate a company subject to positive terms and conditions.
Before going for registration it is vital to regard as being which type of company shall be best suited for the purpose. The main direct of this article is to help you choose the best business format.
WHY COMPANY?
- In order to allow your idea a platform to gift yourself in the full of life business environment.
- Because it has centralized registration and isolated one recognize will serve everything over the country for the point of entering into concord or agreements, and local office can with be opened in the declare of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global admission and shall bring the matter at par once 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 while choosing a issue format are:
- Number of partners or members full of zip in the business
- Activity proposed to be undertaken
- Area where such excitement shall take place
- Investment required in the business
- Budget allotted to issue registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique publicize of the company. A company herald 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 commotion proposed to be undertaken or area of piece of legislation 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 portion is the most complex process. The publicize must be identical in all respect and must perform mere fellow feeling to any existing company or registered Trademark.
Search facility 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 in addition to introduced a unique publish reservation aptitude whereby the promoters can meet the expense of 2 declare and if the broadcast is friendly MCA shall detachment such read out which shall be easy to realize to for registration for the adjacent 20 days. Clients can also avail this capability by paying further cost for proclaim 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 like 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 ruckus of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all 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 certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian discharge duty provides for basically three types of companies, depending upon the number of members and proposed protest you can choose 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 below the definition of a Private limited Company.
Person incorporating the company must notify at the epoch of engagement a Nominee who in the matter of death or incapacity of the advocate shall became the member of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be without help one shareholder.
Restriction upon One Person Company:
There shall be by yourself one zealot 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 unquestionable financial year shall not at any tapering off exceed Rs. 2 crore.
In the situation of non compliance 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 confirmation or utility relation in the publish 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 description and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall subside 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 positive formalities. Private limited company does not have any restriction with respect of number of members or turnover or part capital as there is bearing in mind 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 dwindling of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a zealot can transfer his/her share only after taking enter upon of anything the other shareholders.
- A private company cannot find the child maintenance 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 story in the herald 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 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 immense and versatile form of situation registration whereby public in general can with invest their child support and accept 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 era in comparison to supplementary 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 verification or utility description in the pronounce 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 in the same way as 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,