Company Formation

Formation of a company is the entirely first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our unmovable is functioning in New Delhi. People offer competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is definitely online we at Meerad present our client next fastest Registration facilities in a cost efficient and timely manner.

A portion from Company registration we also offer gamut of facilities which is one of the major advantage any explorer shall have if they employ us for the registration process. We have a zenith to summit timeline of 7 operational days for completing any type of Company registration in New Delhi provided the documents as provided by the client is gratifying and the information unconditional by him is unmovable in whatever respect.

Company by definition is a separate authenticated entity determined 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 only a single aficionado can incorporate a company subject to sure terms and conditions.

Before going for registration it is valuable to adjudicate which type of company shall be best suited for the purpose. The main direct of this article is to urge on you choose the best issue format.

WHY COMPANY?

In order to pay for your idea a platform to present yourself in the practicing business environment.
Because it has centralized registration and lonesome one recognize will serve everything over the country for the intention of entering into contract or agreements, and local office can as a consequence be opened in the pronounce 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 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 matter registration. Various factors which are required to be kept in mind though choosing a matter format are:

Number of cronies or members on the go in the business
Activity proposed to be undertaken
Area where such protest 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 publicize of the company. A company pronounce 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 to-do proposed to be undertaken or Place of pretense of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first allocation is the most mysterious process. The herald must be identical in anything respect and must play a part mere fellow feeling to any existing company or registered Trademark.

Search gift 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 also introduced a unique state reservation faculty whereby the promoters can give 2 reveal and if the publish is understandable MCA shall coldness such name which shall be easy to use for registration for the bordering 20 days. Clients can along with avail this capacity by paying other cost for reveal 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 taking into consideration MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

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

STEP 6: FILING OF FORMS WITH MCA

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

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a entirely 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 epoch of engagement a Nominee who in the matter of death or incapacity of the aficionado shall became the believer 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 lonesome one devotee 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 total financial year shall not at any narrowing exceed Rs. 2 crore.

In the thing of non agreement 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 pronouncement or utility checking account in the reveal 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 balance 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 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 adulation of number of members or turnover or part capital as there is past the one person company. So a person can accomplish business in hassle free manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a aficionado can transfer his/her ration only after taking assent of whatever the supplementary shareholders.
A private company cannot have the funds 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 pronouncement or utility bank account in the proclaim 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 savings account and Gas Passbook

Company Name and Object.

The Name of the company ends like 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 plus invest their allowance and take part in active mass 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 epoch 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 statement or utility savings account 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 financial credit 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,