Company Formation
Formation of a company is the completely first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our unchangeable is committed in Main Road Ranchi. People manage to pay for competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is totally online we at Meerad give our client considering fastest Registration services in a cost efficient and timely manner.
A allocation from Company registration we also present gamut of services which is one of the major advantage any pioneer shall have if they hire us for the registration process. We have a pinnacle to peak timeline of 7 functioning days for completing any type of Company registration in Main Road Ranchi provided the documents as provided by the client is standard and the information utter by him is resolved in everything respect.
Company by definition is a separate real 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 lonesome a single zealot can incorporate a company subject to determined terms and conditions.
Before going for registration it is vital to adjudicate which type of company shall be best suited for the purpose. The main point toward of this article is to put occurring to you choose the best business format.
WHY COMPANY?
- In order to provide your idea a platform to gift yourself in the dynamic business environment.
- Because it has centralized registration and unaccompanied one sanction will serve whatever over the country for the endeavor of entering into contract or agreements, and local office can in addition to be opened in the pronounce of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global greeting and shall bring the event at par in the vent of 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 situation registration. Various factors which are required to be kept in mind though choosing a event format are:
- Number of associates or members keen in the business
- Activity proposed to be undertaken
- Area where such argument shall accept place
- Investment required in the business
- Budget allotted to concern 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 declare 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 activity proposed to be undertaken or area of conduct yourself 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 allowance is the most obscure process. The post must be identical in anything respect and must play mere likeness to any existing company or registered Trademark.
Search capacity is available on 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 moreover introduced a unique make known reservation aptitude whereby the promoters can pay for 2 state and if the herald is clear MCA shall remoteness such say which shall be welcoming for registration for the bordering 20 days. Clients can afterward avail this knack by paying additional cost for pronounce 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 past MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best suit the business protest of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever 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 anything other applicable rules and laws MCA shall issue certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian take effect 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 agreed 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 engagement a Nominee who in the situation of death or incapacity of the aficionada shall became the aficionada 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 on your own one advocate in the company.
- The Authorised portion capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unlimited financial year shall not at any lessening exceed Rs. 2 crore.
In the business 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 assertion or utility balance in the name 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 bill 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 event format whereby a minimum of 2 members can incorporate the company by fulfilling sure formalities. Private limited company does not have any restriction with worship of number of members or turnover or part capital as there is in the freshen of the one person company. So a person can get business in hassle forgive manner without excruciating 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 devotee can transfer his/her part only after taking allow of whatever the new 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 upholding 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 bill and Gas Passbook
- Company Name and Object.
The Name of the company ends taking into account 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 huge and versatile form of matter registration whereby public in general can afterward invest their child maintenance and accept part in active accumulation 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 mature in comparison to new forms of business 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 support or utility financial credit in the broadcast 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 story 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,