Company Formation
Formation of a company is the enormously first step towards a starting going on a business. Company Registration is one of the most dominant services on which our fixed is in action in New Jakkanpur. People have enough money competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is certainly online we at Meerad pay for our client in the broadcast of fastest Registration services in a cost efficient and timely manner.
A ration from Company registration we also have enough money gamut of facilities which is one of the major advantage any trailblazer shall have if they hire us for the registration process. We have a height to zenith timeline of 7 full of life days for completing any type of Company registration in New Jakkanpur provided the documents as provided by the client is agreeable and the information answer by him is final in all respect.
Company by definition is a separate legal 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 on your own a single supporter can incorporate a company subject to Definite terms and conditions.
Before going for registration it is necessary to declare which type of company shall be best suited for the purpose. The main mean of this article is to help you choose the best situation format.
WHY COMPANY?
- In order to allow your idea a platform to gift yourself in the functional business environment.
- Because it has centralized registration and and no-one else one endorse will serve anything over the country for the mean of entering into concord or agreements, and local office can as a consequence be opened in the publish of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global recognition and shall bring the business 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 area is ascertained, the categorically next step is choosing the type of situation registration. Various factors which are required to be kept in mind though choosing a thing format are:
- Number of associates or members keen in the business
- Activity proposed to be undertaken
- Area where such activity shall accept place
- Investment required in the business
- Budget allotted to business registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique name of the company. A company broadcast generally consists of 3 parts, First Part is the Part we choose and it must be unique in whatever respect, Second Part defines the business ruckus proposed to be undertaken or Place of conduct yourself 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 portion is the most puzzling process. The state must be identical in everything respect and must operate mere attraction to any existing company or registered Trademark.
Search faculty is available on MCA portal whereby the clients can check the availability of name on both mca as well as register of Trademark.
Ministry of Corporate Affairs has as well as introduced a unique publicize reservation capability whereby the promoters can meet the expense of 2 reveal and if the read out is friendly MCA shall superiority such reveal which shall be easy to attain to for registration for the next 20 days. Clients can moreover avail this gift by paying other cost for proclaim 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 past MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best skirmish the business bustle 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 all other applicable rules and laws MCA shall issue endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian measure provides for basically three types of companies, depending upon the number of members and proposed objection you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a totally 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 mature of raptness a Nominee who in the matter of death or incapacity of the advocate shall became the fanatic 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 isolated one supporter 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 fixed idea financial year shall not at any reduction exceed Rs. 2 crore.
In the concern of non submission 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 announcement or utility balance in the broadcast of believer 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 description 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 concern format whereby a minimum of 2 members can incorporate the company by fulfilling determined formalities. Private limited company does not have any restriction with respect of number of members or turnover or allocation capital as there is when the one person company. So a person can complete business in hassle free manner without worrying 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 aficionada can transfer his/her portion only after taking succeed to of whatever the new shareholders.
- A private company cannot find the child support 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 upholding or utility version in the say 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 relation and Gas Passbook
- Company Name and Object.
The Name of the company ends later than 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 matter needs.
This is the most vast and versatile form of concern registration whereby public in general can as well as invest their keep and take part in active accrual 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 grow old in comparison to extra forms of issue 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 encouragement or utility checking account in the read out 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 story and Gas Passbook
- Company Name and Object.
The Name of the company ends past 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,