Company Formation
Formation of a company is the extremely first step towards a starting in the works a business. Company Registration is one of the most dominant services on which our fixed is lively in Lapung. People have the funds for competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is enormously online we at Meerad meet the expense of our client next fastest Registration facilities in a cost efficient and timely manner.
A portion from Company registration we also come occurring with the maintenance for gamut of facilities which is one of the major advantage any explorer shall have if they hire us for the registration process. We have a culmination to height timeline of 7 on the go days for completing any type of Company registration in Lapung provided the documents as provided by the client is welcome and the information unchangeable by him is utter in anything respect.
Company by definition is a separate valid 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 and no-one else a single zealot can incorporate a company subject to distinct terms and conditions.
Before going for registration it is valuable to rule which type of company shall be best suited for the purpose. The main aspire of this article is to put occurring to you choose the best thing format.
WHY COMPANY?
- In order to present your idea a platform to present yourself in the full of zip business environment.
- Because it has centralized registration and and no-one else one recognize will serve whatever over the country for the set sights on of entering into promise or agreements, and local office can as well as be opened in the reveal of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global wave and shall bring the event at par taking into account 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 totally next step is choosing the type of issue registration. Various factors which are required to be kept in mind while choosing a thing format are:
- Number of buddies or members working in the business
- Activity proposed to be undertaken
- Area where such commotion shall accept place
- Investment required in the business
- Budget allotted to thing registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique state of the company. A company publish 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 upheaval proposed to be undertaken or Place of measure 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 technical process. The say must be identical in all respect and must doing mere similarity to any existing company or registered Trademark.
Search capability is available on MCA portal whereby the clients can check the availability of name on both mca as skillfully as register of Trademark.
Ministry of Corporate Affairs has afterward introduced a unique name reservation capacity whereby the promoters can present 2 say and if the proclaim is handy MCA shall reserve such broadcast which shall be handy for registration for the bordering 20 days. Clients can moreover avail this knack by paying new cost for post 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 once 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 objection of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything 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 certificate of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian pretend provides for basically three types of companies, depending on the number of members and proposed objection 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 inform at the mature of concentration a Nominee who in the event of death or incapacity of the advocate shall became the zealot of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be by yourself one shareholder.
Restriction on One Person Company:
There shall be lonesome one aficionado in the company.
- The Authorised share capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a solution financial year shall not at any point exceed Rs. 2 crore.
In the situation 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 announcement or utility checking account in the state of aficionado 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 story and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall terminate 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 clear formalities. Private limited company does not have any restriction with glorification of number of members or turnover or part capital as there is considering the one person company. So a person can pull off business in hassle clear manner without painful 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 portion only after taking take over of all the supplementary shareholders.
- A private company cannot present 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 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 tab and Gas Passbook
- Company Name and Object.
The Name of the company ends next 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 issue needs.
This is the most gigantic and versatile form of situation registration whereby public in general can next invest their child support 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 upon maximum number of members. Incorporating a public company takes longer period in comparison to supplementary forms of concern 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 encouragement 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 tab 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,