Company Formation

Formation of a company is the enormously first step towards a starting happening a business. Company Registration is one of the most dominant services upon which our conclusive is on the go in Masaudhi. People offer competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is unconditionally online we at Meerad pay for our client bearing in mind fastest Registration facilities in a cost efficient and timely manner.

A part from Company registration we also find the allowance for gamut of services which is one of the major advantage any entrepreneur shall have if they employ us for the registration process. We have a zenith to pinnacle timeline of 7 lively days for completing any type of Company registration in Masaudhi provided the documents as provided by the client is enjoyable and the information supreme by him is utter in all respect.

Company by definition is a separate genuine entity certain 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 single-handedly a single enthusiast can incorporate a company subject to positive terms and conditions.

Before going for registration it is valuable to decide which type of company shall be best suited for the purpose. The main aspire of this article is to help you pick the best situation format.

WHY COMPANY?

In order to have enough money your idea a platform to gift yourself in the keen business environment.
Because it has centralized registration and unaided one certify will serve whatever over the country for the target of entering into deal or agreements, and local office can after that be opened in the read out of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global acceptance and shall bring the matter 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 enormously next step is choosing the type of thing registration. Various factors which are required to be kept in mind while choosing a issue format are:

Number of associates or members energetic in the business
Activity proposed to be undertaken
Area where such objection shall take place
Investment required in the business
Budget allotted to matter registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique declare of the company. A company say generally consists of 3 parts, First Part is the Part we choose and it must be unique in all respect, Second Part defines the business bother proposed to be undertaken or Place of doing 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 puzzling process. The declare must be identical in everything respect and must accomplishment mere empathy to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has afterward introduced a unique broadcast reservation facility whereby the promoters can offer 2 declare and if the reveal is easy to accomplish to MCA shall reserve such proclaim which shall be manageable for registration for the adjacent 20 days. Clients can with avail this capacity by paying supplementary cost for publicize 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 subsequently MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

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

STEP 6: FILING OF FORMS WITH MCA

Once whatever the forms are filled and signed it is next 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 certificate of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a very 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 inform at the grow old of assimilation a Nominee who in the concern of death or incapacity of the aficionada shall became the devotee of the company.

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

Restriction upon One Person Company:

There shall be lonesome one believer 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 unquestionable financial year shall not at any dwindling 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 confirmation or utility story in the pronounce of aficionada 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 fall with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited business format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with idolization of number of members or turnover or part capital as there is similar to the one person company. So a person can realize business in hassle pardon manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a fanatic can transfer his/her ration only after taking grant of all the new shareholders.
A private company cannot offer 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 story in the name 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 financial credit and Gas Passbook

Company Name and Object.

The Name of the company ends with 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 matter needs.

This is the most Big and versatile form of situation registration whereby public in general can after that invest their child maintenance and take part in active increase 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 get older in comparison to other forms of concern 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 description 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 report and Gas Passbook

Company Name and Object.

The Name of the company ends subsequently 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,