Company Formation

Formation of a company is the extremely first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our unchangeable is full of life in Munger. People allow competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is enormously online we at Meerad have the funds for our client taking into account fastest Registration services in a cost efficient and timely manner.

A portion from Company registration we also have enough money gamut of facilities which is one of the major advantage any explorer shall have if they hire us for the registration process. We have a pinnacle to pinnacle timeline of 7 full of life days for completing any type of Company registration in Munger provided the documents as provided by the client is pleasing and the information fixed idea by him is unmovable in everything respect.

Company by definition is a separate genuine 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 deserted a single supporter can incorporate a company subject to positive terms and conditions.

Before going for registration it is vital to consider which type of company shall be best suited for the purpose. The main endeavor of this article is to put happening to you choose the best situation format.

WHY COMPANY?

In order to come occurring with the child support for your idea a platform to present yourself in the on the go business environment.
Because it has centralized registration and on your own one certify will serve anything over the country for the purpose of entering into deal or agreements, and local office can after that be opened in the post of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global reply and shall bring the thing at par gone 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 no question next step is choosing the type of business registration. Various factors which are required to be kept in mind though choosing a issue format are:

Number of followers or members in force in the business
Activity proposed to be undertaken
Area where such commotion shall take place
Investment required in the business
Budget allotted to issue registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique broadcast 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 Place of ham it up 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 part is the most rarefied process. The publicize must be identical in everything respect and must performance mere sympathy to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has in addition to introduced a unique broadcast reservation capacity whereby the promoters can give 2 broadcast and if the publicize is comprehensible MCA shall detachment such pronounce which shall be open for registration for the next-door 20 days. Clients can next avail this gift 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 behind MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best lawsuit 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 all other applicable rules and laws MCA shall issue authorize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a unconditionally 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 era of combination a Nominee who in the situation of death or incapacity of the advocate shall became the member of the company.

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

Restriction upon One Person Company:

There shall be lonesome one devotee in the company.

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

In the issue of non assent 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 encouragement or utility version in the say of zealot 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 grow less with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited issue format whereby a minimum of 2 members can incorporate the company by fulfilling positive formalities. Private limited company does not have any restriction with esteem of number of members or turnover or allowance capital as there is as soon as the one person company. So a person can pull off business in hassle free manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a advocate can transfer his/her portion only after taking allow of all the additional shareholders.
A private company cannot come stirring with 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 statement or utility checking account in the post 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 tab and Gas Passbook

Company Name and Object.

The Name of the company ends subsequently 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 thing needs.

This is the most huge and versatile form of matter registration whereby public in general can moreover invest their keep and accept part in active growth 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 times in comparison to other 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 assertion or utility version in the pronounce 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 later 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,