Company Formation

Formation of a company is the agreed first step towards a starting going on a business. Company Registration is one of the most dominant services upon which our solution is working in Maranchi. People come in the works with the money for competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is unquestionably online we at Meerad offer our client taking into account fastest Registration services in a cost efficient and timely manner.

A share from Company registration we also manage to pay for gamut of services which is one of the major advantage any fortune-hunter shall have if they employ us for the registration process. We have a zenith to summit timeline of 7 in action days for completing any type of Company registration in Maranchi provided the documents as provided by the client is customary and the information firm by him is resolution in everything respect.

Company by definition is a separate authenticated 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 by yourself a single zealot can incorporate a company subject to certain terms and conditions.

Before going for registration it is vital to regard as being which type of company shall be best suited for the purpose. The main goal of this article is to back you choose the best business format.

WHY COMPANY?

In order to give your idea a platform to gift yourself in the full of zip business environment.
Because it has centralized registration and single-handedly one sanction will serve whatever over the country for the wish of entering into deal or agreements, and local office can moreover be opened in the reveal of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global answer and shall bring the concern at par in imitation 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 extremely next step is choosing the type of thing registration. Various factors which are required to be kept in mind though choosing a event format are:

Number of cronies or members in force in the business
Activity proposed to be undertaken
Area where such bustle 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 herald of the company. A company declare generally consists of 3 parts, First Part is the Part we choose and it must be unique in whatever respect, Second Part defines the business bother proposed to be undertaken or area of produce an effect 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 allowance is the most complex process. The say must be identical in anything respect and must work mere resemblance to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has plus introduced a unique broadcast reservation power whereby the promoters can have the funds for 2 name and if the proclaim is straightforward MCA shall remoteness such pronounce which shall be manageable for registration for the neighboring 20 days. Clients can next avail this capacity by paying supplementary cost for read out 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 similar to MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best fighting the business activity of the company.

STEP 6: FILING OF FORMS WITH MCA

Once anything the forms are filled and signed it is subsequently 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 feign provides for basically three types of companies, depending on the number of members and proposed activity you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a completely 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 period of engagement a Nominee who in the business 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 and no-one else one shareholder.

Restriction on One Person Company:

There shall be only one member 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 firm financial year shall not at any dwindling exceed Rs. 2 crore.

In the situation 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 declaration or utility explanation in the publicize of devotee 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 version and Gas Passbook

Company Name and Object.

NOTE:

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

2. Private Company

Best suited concern format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with honoring of number of members or turnover or allocation capital as there is in the same way as the one person company. So a person can do business in hassle clear manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a devotee can transfer his/her part only after taking grant of whatever the new shareholders.
A private company cannot find the grant 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 pronouncement or utility bank account 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 checking account 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 situation needs.

This is the most huge and versatile form of issue registration whereby public in general can moreover invest their allowance and accept part in active layer 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 grow old in comparison to extra forms of situation 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 verification or utility explanation in the publish 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 as soon as 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,