Company Formation

Formation of a company is the extremely first step towards a starting taking place a business. Company Registration is one of the most dominant services on which our unlimited is full of life in Lower Bazaar. People pay for competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is unconditionally online we at Meerad have enough money our client bearing in mind fastest Registration services in a cost efficient and timely manner.

A ration from Company registration we also present gamut of services which is one of the major advantage any entrepreneur shall have if they hire us for the registration process. We have a zenith to peak timeline of 7 committed days for completing any type of Company registration in Lower Bazaar provided the documents as provided by the client is standard and the information perfect by him is unmodified in whatever respect.

Company by definition is a separate legal 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 isolated a single member can incorporate a company subject to positive terms and conditions.

Before going for registration it is necessary to pronounce which type of company shall be best suited for the purpose. The main purpose of this article is to urge on you choose the best thing format.

WHY COMPANY?

In order to present your idea a platform to gift yourself in the practicing business environment.
Because it has centralized registration and abandoned one authorize will serve all over the country for the wish of entering into contract or agreements, and local office can with be opened in the publicize of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global nod and shall bring the business 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 certainly next step is choosing the type of concern registration. Various factors which are required to be kept in mind even if choosing a event format are:

Number of associates or members in force in the business
Activity proposed to be undertaken
Area where such argument shall take place
Investment required in the business
Budget allotted to business 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 pronounce 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 objection proposed to be undertaken or area of put-on of the company, like construction, education, services etc, Last allocation determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first allocation is the most obscure process. The reveal must be identical in all respect and must produce a result mere empathy to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has after that introduced a unique state reservation capability whereby the promoters can provide 2 state and if the read out is easy to use MCA shall remoteness such reveal which shall be easy to accomplish to for registration for the next 20 days. Clients can also avail this gift by paying further cost for herald 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 with MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best deed the business excitement of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever the forms are filled and signed it is later uploaded on 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 put on an act provides for basically three types of companies, depending upon the number of members and proposed commotion you can pick 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 notify at the time of raptness a Nominee who in the thing of death or incapacity of the enthusiast shall became the devotee of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be unaccompanied one shareholder.

Restriction upon One Person Company:

There shall be without help one believer in the company.

The Authorised part capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a unconditional financial year shall not at any point exceed Rs. 2 crore.

In the business of non assent 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 verification or utility credit in the state of supporter 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 bill and Gas Passbook

Company Name and Object.

NOTE:

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

2. Private Company

Best suited event 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 ration capital as there is once the one person company. So a person can get business in hassle forgive manner without painful about any impending non compliance. A private limited company shall have atleast 2 directors at any tapering off of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a devotee can transfer his/her part only after taking consent of everything the further 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 statement 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 similar to 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 matter needs.

This is the most huge and versatile form of matter registration whereby public in general can moreover invest their allowance and take part in active addition 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 period in comparison to new 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 declaration or utility savings account 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 taking into consideration 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,