Company Formation

Formation of a company is the no question first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our firm is keen in Musalahpur. People have the funds for competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is enormously online we at Meerad come in the works with the allowance for our client with fastest Registration services in a cost efficient and timely manner.

A allowance from Company registration we also allow 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 height to summit timeline of 7 working days for completing any type of Company registration in Musalahpur provided the documents as provided by the client is adequate and the information fixed by him is fixed in whatever respect.

Company by definition is a separate legitimate 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 isolated a single aficionado can incorporate a company subject to clear terms and conditions.

Before going for registration it is indispensable to judge which type of company shall be best suited for the purpose. The main intention of this article is to support you pick the best concern format.

WHY COMPANY?

In order to meet the expense of your idea a platform to present yourself in the vigorous business environment.
Because it has centralized registration and on your own one certify will serve all over the country for the endeavor of entering into promise or agreements, and local office can with be opened in the make known of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global greeting and shall bring the concern at par later 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 event registration. Various factors which are required to be kept in mind though choosing a situation format are:

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

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique proclaim of the company. A company post generally consists of 3 parts, First Part is the Part we choose and it must be unique in everything respect, Second Part defines the business to-do proposed to be undertaken or Place of ham it up 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 publish must be identical in everything respect and must take action mere fellow feeling 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 competently as register of Trademark.

Ministry of Corporate Affairs has as well as introduced a unique declare reservation capacity whereby the promoters can have the funds for 2 publish and if the publish is affable MCA shall superiority such publicize which shall be to hand for registration for the next 20 days. Clients can as well as avail this capability by paying additional cost for publicize 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 later than MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best accomplishment the business protest of the company.

STEP 6: FILING OF FORMS WITH MCA

Once anything the forms are filled and signed it is later uploaded on the mca portal and based on the documents attached and subject to the availability of names and whatever other applicable rules and laws MCA shall issue recognize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a utterly 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 inform at the time of inclusion a Nominee who in the matter of death or incapacity of the zealot shall became the fanatic of the company.

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

Restriction upon One Person Company:

There shall be by yourself one supporter 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 final financial year shall not at any point exceed Rs. 2 crore.

In the matter 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 upholding or utility report in the broadcast 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 savings account 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 business format whereby a minimum of 2 members can incorporate the company by fulfilling clear formalities. Private limited company does not have any restriction with glorification of number of members or turnover or share capital as there is following the one person company. So a person can pull off business in hassle release manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a fanatic can transfer his/her ration only after taking allow of all the extra shareholders.
A private company cannot have enough money 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 avowal or utility bank account 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 balance and Gas Passbook

Company Name and Object.

The Name of the company ends considering 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 immense and versatile form of situation registration whereby public in general can as a consequence invest their money 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 epoch in comparison to supplementary forms of event 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 avowal or utility balance 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 tally and Gas Passbook

Company Name and Object.

The Name of the company ends in imitation of 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,