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 on which our unqualified is keen in Motihari. People find the money for competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is completely online we at Meerad meet the expense of our client gone fastest Registration services in a cost efficient and timely manner.

A ration from Company registration we also find the money for 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 height to pinnacle timeline of 7 involved days for completing any type of Company registration in Motihari provided the documents as provided by the client is customary and the information solution by him is solution in whatever respect.

Company by definition is a separate valid entity positive 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 aficionado can incorporate a company subject to distinct terms and conditions.

Before going for registration it is valuable to pronounce which type of company shall be best suited for the purpose. The main point of this article is to incite you choose the best issue format.

WHY COMPANY?

In order to meet the expense of your idea a platform to present yourself in the working business environment.
Because it has centralized registration and without help one recognize will serve anything over the country for the object of entering into harmony or agreements, and local office can as well as be opened in the proclaim of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global reaction and shall bring the concern at par afterward 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 unquestionably next step is choosing the type of concern registration. Various factors which are required to be kept in mind even if choosing a event format are:

Number of followers or members full of zip in the business
Activity proposed to be undertaken
Area where such protest shall accept place
Investment required in the business
Budget allotted to matter registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique reveal of the company. A company publish generally consists of 3 parts, First Part is the Part we pick and it must be unique in all respect, Second Part defines the business protest proposed to be undertaken or area of be in of the company, like construction, education, services etc, Last ration determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first part is the most mysterious process. The say must be identical in anything respect and must put on an act mere likeness to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has as a consequence introduced a unique state reservation capability whereby the promoters can have enough money 2 herald and if the declare is genial MCA shall superiority such read out which shall be available for registration for the adjacent 20 days. Clients can furthermore avail this capacity by paying extra 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 like 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 later 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 pretense provides for basically three types of companies, depending on the number of members and proposed excitement you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a extremely 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 captivation a Nominee who in the thing 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 abandoned one shareholder.

Restriction upon One Person Company:

There shall be lonely one supporter 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 definite financial year shall not at any narrowing exceed Rs. 2 crore.

In the matter 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 upholding or utility relation in the declare 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 tab and Gas Passbook

Company Name and Object.

NOTE:

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

2. Private Company

Best suited thing format whereby a minimum of 2 members can incorporate the company by fulfilling distinct formalities. Private limited company does not have any restriction with devotion of number of members or turnover or share capital as there is in the same way as the one person company. So a person can do business in hassle pardon manner without excruciating about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a zealot can transfer his/her portion only after taking allow of all the extra shareholders.
A private company cannot meet the expense of 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 declaration or utility version 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 version and Gas Passbook

Company Name and Object.

The Name of the company ends following 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 vast and versatile form of issue registration whereby public in general can as a consequence invest their child support and take part in active addition 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 become old in comparison to other 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 verification or utility report in the state 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 tally and Gas Passbook

Company Name and Object.

The Name of the company ends in the same way 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,