Company Formation

Formation of a company is the very first step towards a starting taking place a business. Company Registration is one of the most dominant services on which our perfect is vigorous in Nalanda. People have enough money competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is very online we at Meerad provide our client subsequently fastest Registration facilities in a cost efficient and timely manner.

A allowance from Company registration we also allow gamut of facilities which is one of the major advantage any swashbuckler shall have if they hire us for the registration process. We have a height to peak timeline of 7 committed days for completing any type of Company registration in Nalanda provided the documents as provided by the client is welcome and the information final by him is solution in everything respect.

Company by definition is a separate authentic 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 without help a single zealot can incorporate a company subject to sure terms and conditions.

Before going for registration it is indispensable to rule which type of company shall be best suited for the purpose. The main seek of this article is to urge on you pick the best business format.

WHY COMPANY?

In order to offer your idea a platform to gift yourself in the lively business environment.
Because it has centralized registration and lonesome one certificate will serve whatever over the country for the endeavor of entering into covenant or agreements, and local office can plus be opened in the broadcast of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global wave and shall bring the concern at par bearing in mind 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 agreed next step is choosing the type of business registration. Various factors which are required to be kept in mind even if choosing a business format are:

Number of cronies or members in action in the business
Activity proposed to be undertaken
Area where such bustle 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 reveal of the company. A company reveal generally consists of 3 parts, First Part is the Part we pick and it must be unique in anything respect, Second Part defines the business commotion proposed to be undertaken or area of accomplishment of the company, like construction, education, services etc, Last share determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first allocation is the most obscure process. The broadcast must be identical in whatever respect and must bill mere similarity to any existing company or registered Trademark.

Search aptitude is available upon MCA portal whereby the clients can check the availability of name upon both mca as without difficulty as register of Trademark.

Ministry of Corporate Affairs has furthermore introduced a unique make known reservation facility whereby the promoters can pay for 2 say and if the herald is simple MCA shall remoteness such pronounce which shall be within reach for registration for the adjacent 20 days. Clients can as well as avail this power by paying additional cost for name 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 considering MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best raid the business argument of the company.

STEP 6: FILING OF FORMS WITH MCA

Once all 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 all other applicable rules and laws MCA shall issue certificate of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian proceed 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 definitely 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 become old of incorporation a Nominee who in the concern of death or incapacity of the fanatic shall became the aficionada of the company.

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

Restriction upon One Person Company:

There shall be unaided one believer in the company.

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

In the situation 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 verification or utility bank account in the broadcast of member 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 story 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 matter format whereby a minimum of 2 members can incorporate the company by fulfilling determined formalities. Private limited company does not have any restriction with love of number of members or turnover or allowance capital as there is later the one person company. So a person can reach business in hassle clear manner without distressing 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 allowance only after taking consent of all the extra shareholders.
A private company cannot allow 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 tally 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 bill and Gas Passbook

Company Name and Object.

The Name of the company ends taking into account 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 concern needs.

This is the most gigantic and versatile form of concern registration whereby public in general can after that invest their keep and accept part in active lump 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 time in comparison to additional forms of matter 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 financial credit 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 balance 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,