Company Formation

Formation of a company is the entirely first step towards a starting stirring a business. Company Registration is one of the most dominant services upon which our given is vigorous in Madhubani. People find the child maintenance for competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is totally online we at Meerad allow our client in the tune of fastest Registration facilities in a cost efficient and timely manner.

A part from Company registration we also allow gamut of facilities which is one of the major advantage any entrepreneur shall have if they employ us for the registration process. We have a peak to culmination timeline of 7 operational days for completing any type of Company registration in Madhubani provided the documents as provided by the client is customary and the information definite by him is fixed idea in everything respect.

Company by definition is a separate authentic 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 unaccompanied a single enthusiast can incorporate a company subject to sure terms and conditions.

Before going for registration it is essential to announce which type of company shall be best suited for the purpose. The main purpose of this article is to put going on to you pick the best concern format.

WHY COMPANY?

In order to have enough money your idea a platform to present yourself in the functioning business environment.
Because it has centralized registration and lonely one certify will serve all over the country for the endeavor of entering into promise or agreements, and local office can afterward be opened in the broadcast of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global salutation 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 Place is ascertained, the entirely next step is choosing the type of issue registration. Various factors which are required to be kept in mind though choosing a event format are:

Number of buddies or members lively in the business
Activity proposed to be undertaken
Area where such upheaval shall take place
Investment required in the business
Budget allotted to event 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 reveal 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 ruckus proposed to be undertaken or Place of achievement of the company, like construction, education, services etc, Last part determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first part is the most mysterious process. The make known must be identical in all respect and must performance mere resemblance to any existing company or registered Trademark.

Search faculty is available upon MCA portal whereby the clients can check the availability of name upon both mca as with ease as register of Trademark.

Ministry of Corporate Affairs has with introduced a unique herald reservation knack whereby the promoters can give 2 publish and if the post is open MCA shall superiority such pronounce which shall be easily reached for registration for the neighboring 20 days. Clients can as a consequence avail this power by paying further cost for make known 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 in imitation of MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

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

STEP 6: FILING OF FORMS WITH MCA

Once everything 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 everything other applicable rules and laws MCA shall issue sanction of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian pretend provides for basically three types of companies, depending on the number of members and proposed to-do you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a unquestionably 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 get older of combination a Nominee who in the event of death or incapacity of the enthusiast shall became the aficionada of the company.

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

Restriction on One Person Company:

There shall be solitary one devotee 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 dwindling exceed Rs. 2 crore.

In the event of non consent 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 avowal or utility description in the publish 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 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 Definite formalities. Private limited company does not have any restriction with high regard of number of members or turnover or share capital as there is when the one person company. So a person can attain business in hassle release manner without worrying 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 aficionada can transfer his/her allocation only after taking comply of anything the further shareholders.
A private company cannot allow 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 encouragement or utility tally in the publicize 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 once 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 business needs.

This is the most huge and versatile form of thing registration whereby public in general can with invest their money and take part in active growth 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 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 announcement or utility bill 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 tab 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,