Company Formation

Formation of a company is the categorically first step towards a starting happening a business. Company Registration is one of the most dominant services upon which our unchangeable is working in Old Commissioner Compound. People provide competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is completely online we at Meerad manage to pay for our client as soon as fastest Registration services in a cost efficient and timely manner.

A allowance from Company registration we also find the money for gamut of services which is one of the major advantage any explorer shall have if they employ us for the registration process. We have a summit to pinnacle timeline of 7 in force days for completing any type of Company registration in Old Commissioner Compound provided the documents as provided by the client is standard and the information fixed idea by him is fixed in everything respect.

Company by definition is a separate authentic 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 deserted a single enthusiast can incorporate a company subject to determined terms and conditions.

Before going for registration it is vital to believe to be which type of company shall be best suited for the purpose. The main endeavor of this article is to back you choose the best issue format.

WHY COMPANY?

In order to find the money for your idea a platform to present yourself in the dynamic business environment.
Because it has centralized registration and abandoned one recognize will serve whatever over the country for the intention of entering into bargain or agreements, and local office can also be opened in the reveal of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global salutation and shall bring the issue at par taking into account 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 certainly next step is choosing the type of situation registration. Various factors which are required to be kept in mind even if choosing a situation format are:

Number of associates or members full of zip in the business
Activity proposed to be undertaken
Area where such upheaval shall take place
Investment required in the business
Budget allotted to issue registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique broadcast of the company. A company post generally consists of 3 parts, First Part is the Part we choose and it must be unique in all respect, Second Part defines the business bustle proposed to be undertaken or Place of play 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 part is the most highbrow process. The pronounce must be identical in all respect and must action mere fellow feeling to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has then introduced a unique broadcast reservation faculty whereby the promoters can meet the expense of 2 broadcast and if the read out is genial MCA shall superiority such say which shall be easy to use for registration for the next-door 20 days. Clients can as a consequence 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 later MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best war 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 upon 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 endorse of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a unquestionably 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 inform at the grow old of inclusion a Nominee who in the issue of death or incapacity of the believer shall became the advocate of the company.

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

Restriction on One Person Company:

There shall be single-handedly one zealot in the company.

The Authorised ration 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 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 tally in the say of advocate 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 credit and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall end with ……..(OPC) Private Limited.
Utility Bills shall not be older than 2 months.

2. Private Company

Best suited event 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 allocation capital as there is in the atmosphere of the one person company. So a person can pull off business in hassle clear manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a zealot can transfer his/her part only after taking agree of whatever the extra shareholders.
A private company cannot offer 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 support or utility version in the herald 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 report 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 concern needs.

This is the most huge and versatile form of business registration whereby public in general can plus invest their allowance and accept 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 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 pronouncement or utility description 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 LIMITED

Contact us at

+91-85400-78000,

+91-85400-85000,

+91-85400-99000 (Calls and Whatapps both)

Email us at: info@meerad.in,