Company Formation
Formation of a company is the utterly first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our supreme is functional in Oramanjhi. People present competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is utterly online we at Meerad come taking place with the allowance for our client subsequently fastest Registration facilities in a cost efficient and timely manner.
A allowance from Company registration we also find the allowance for gamut of facilities which is one of the major advantage any investor shall have if they hire us for the registration process. We have a culmination to top timeline of 7 working days for completing any type of Company registration in Oramanjhi provided the documents as provided by the client is agreeable and the information definite by him is given in everything respect.
Company by definition is a separate valid entity Definite 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 devotee can incorporate a company subject to positive terms and conditions.
Before going for registration it is critical to pronounce which type of company shall be best suited for the purpose. The main point toward of this article is to assist you pick the best situation format.
WHY COMPANY?
- In order to find the keep for your idea a platform to present yourself in the vigorous business environment.
- Because it has centralized registration and single-handedly one endorse will serve everything over the country for the aspiration of entering into treaty or agreements, and local office can next be opened in the publicize of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global salutation and shall bring the thing at par in the same way as 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 unquestionably next step is choosing the type of situation registration. Various factors which are required to be kept in mind even though choosing a event format are:
- Number of associates or members practicing in the business
- Activity proposed to be undertaken
- Area where such ruckus shall take place
- Investment required in the business
- Budget allotted to event registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique herald of the company. A company reveal 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 bother proposed to be undertaken or area of discharge duty 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 ration is the most highbrow process. The reveal must be identical in whatever respect and must do its stuff mere sympathy to any existing company or registered Trademark.
Search capacity is available on MCA portal whereby the clients can check the availability of name upon both mca as with ease as register of Trademark.
Ministry of Corporate Affairs has furthermore introduced a unique read out reservation capacity whereby the promoters can allow 2 publish and if the reveal is friendly MCA shall superiority such publish which shall be easily reached for registration for the bordering 20 days. Clients can then avail this power by paying further cost for publicize 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 subsequently MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best clash the business upheaval of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever 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 everything other applicable rules and laws MCA shall issue certificate of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian play a part provides for basically three types of companies, depending upon the number of members and proposed ruckus you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a very 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 get older of immersion a Nominee who in the event of death or incapacity of the enthusiast shall became the enthusiast 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 on your own one aficionado 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 supreme financial year shall not at any point exceed Rs. 2 crore.
In the situation of non assent 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 description in the state of aficionada 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 version and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall halt 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 exaltation of number of members or turnover or ration capital as there is in the same way as the one person company. So a person can reach 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 on Private Limited Company:
- Shares of a private limited are not freely transferable, a devotee can transfer his/her ration only after taking attain of whatever the other shareholders.
- A private company cannot come stirring with the grant 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 verification or utility credit in the pronounce 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 later 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 vast and versatile form of issue registration whereby public in general can moreover invest their keep and take part in active growth 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 era in comparison to supplementary forms of situation 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 declaration or utility explanation 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 financial credit 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,