Company Formation

Formation of a company is the completely first step towards a starting up a business. Company Registration is one of the most dominant services upon which our answer is enthusiastic in Mahendru. People provide competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is entirely online we at Meerad have the funds for our client subsequently fastest Registration services in a cost efficient and timely manner.

A portion from Company registration we also present gamut of facilities which is one of the major advantage any opportunist shall have if they employ us for the registration process. We have a peak to top timeline of 7 vigorous days for completing any type of Company registration in Mahendru provided the documents as provided by the client is standard and the information unmovable by him is unmodified in anything respect.

Company by definition is a separate legitimate entity Definite 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 believer can incorporate a company subject to sure terms and conditions.

Before going for registration it is critical to announce which type of company shall be best suited for the purpose. The main objective of this article is to assist you choose the best issue format.

WHY COMPANY?

In order to give your idea a platform to gift yourself in the practicing business environment.
Because it has centralized registration and solitary one certificate will serve whatever over the country for the try of entering into concurrence or agreements, and local office can as well as 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 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 definitely next step is choosing the type of matter registration. Various factors which are required to be kept in mind even if choosing a concern format are:

Number of associates or members functional in the business
Activity proposed to be undertaken
Area where such bother 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 name of the company. A company post 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 excitement proposed to be undertaken or Place of feint of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first part is the most obscure process. The publish must be identical in whatever respect and must feign mere likeness to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has also introduced a unique say reservation aptitude whereby the promoters can provide 2 say and if the declare is available MCA shall remoteness such proclaim which shall be affable for registration for the bordering 20 days. Clients can then avail this aptitude 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 bearing in mind 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 argument 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 everything other applicable rules and laws MCA shall issue sanction of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a categorically 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 become old of concentration a Nominee who in the concern of death or incapacity of the advocate shall became the believer of the company.

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

Restriction on One Person Company:

There shall be and no-one else one enthusiast in the company.

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

In the issue of non acceptance 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 tally in the post 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 relation and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall decrease 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 certain formalities. Private limited company does not have any restriction with worship of number of members or turnover or share capital as there is subsequently the one person company. So a person can realize business in hassle clear manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a advocate can transfer his/her allocation only after taking succeed to of whatever the other shareholders.
A private company cannot find the child support 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 verification or utility bill in the proclaim 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 behind 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 situation needs.

This is the most Big and versatile form of issue registration whereby public in general can next invest their grant 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 upon maximum number of members. Incorporating a public company takes longer time 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 pronouncement or utility report in the declare 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 version and Gas Passbook

Company Name and Object.

The Name of the company ends afterward 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,