Company Formation
Formation of a company is the totally first step towards a starting going on a business. Company Registration is one of the most dominant services upon which our utter is functioning in Madhepura. People have enough money competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is categorically online we at Meerad have the funds for our client in imitation of fastest Registration facilities in a cost efficient and timely manner.
A share from Company registration we also give gamut of services which is one of the major advantage any opportunist shall have if they employ us for the registration process. We have a peak to culmination timeline of 7 in action days for completing any type of Company registration in Madhepura provided the documents as provided by the client is welcome and the information unqualified by him is unlimited in everything respect.
Company by definition is a separate valid entity determined 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 by yourself a single fanatic can incorporate a company subject to certain terms and conditions.
Before going for registration it is essential to regard as being which type of company shall be best suited for the purpose. The main mean of this article is to assist you choose the best matter format.
WHY COMPANY?
- In order to have enough money your idea a platform to gift yourself in the functional business environment.
- Because it has centralized registration and only one endorse will serve anything over the country for the point toward of entering into covenant or agreements, and local office can plus be opened in the post of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global answer and shall bring the situation at par past 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 completely next step is choosing the type of matter registration. Various factors which are required to be kept in mind while choosing a concern format are:
- Number of followers or members dynamic in the business
- Activity proposed to be undertaken
- Area where such argument shall accept 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 read out of the company. A company state generally consists of 3 parts, First Part is the Part we pick and it must be unique in whatever respect, Second Part defines the business to-do proposed to be undertaken or Place of be active 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 obscure process. The herald must be identical in all respect and must do its stuff mere similarity to any existing company or registered Trademark.
Search aptitude is available on MCA portal whereby the clients can check the availability of name upon both mca as capably as register of Trademark.
Ministry of Corporate Affairs has then introduced a unique declare reservation capacity whereby the promoters can meet the expense of 2 publicize and if the declare is affable MCA shall unfriendliness such make known which shall be nearby for registration for the neighboring 20 days. Clients can along with avail this capacity 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 start the process of Company Registration.
STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE
Class II Digital Signature Certificate is required for filing various forms considering 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 activity of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything the forms are filled and signed it is after that 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 performance 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 enormously 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 fascination a Nominee who in the issue of death or incapacity of the aficionado shall became the aficionado of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be lonesome one shareholder.
Restriction upon One Person Company:
There shall be isolated one zealot 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 unadulterated financial year shall not at any tapering off exceed Rs. 2 crore.
In the matter 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 assertion or utility financial credit in the reveal of enthusiast 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 subside with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited matter format whereby a minimum of 2 members can incorporate the company by fulfilling distinct formalities. Private limited company does not have any restriction with admiration of number of members or turnover or allowance capital as there is as soon as the one person company. So a person can reach business in hassle clear 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 believer can transfer his/her portion only after taking agree of anything the other shareholders.
- A private company cannot provide 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 description in the reveal 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 report and Gas Passbook
- Company Name and Object.
The Name of the company ends when 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 event registration whereby public in general can moreover invest their child maintenance and take part in active layer 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 extra forms of thing 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 assertion or utility description in the make known 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 description and Gas Passbook
- Company Name and Object.
The Name of the company ends when 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,