Company Formation
Formation of a company is the extremely first step towards a starting going on a business. Company Registration is one of the most dominant services upon which our unmovable is lively in Pakur. People allow competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is unconditionally online we at Meerad come up with the maintenance for our client in the space of fastest Registration facilities in a cost efficient and timely manner.
A part from Company registration we also come going on with the maintenance for gamut of services which is one of the major advantage any investor shall have if they hire us for the registration process. We have a culmination to height timeline of 7 committed days for completing any type of Company registration in Pakur provided the documents as provided by the client is within satisfactory limits and the information unmodified by him is answer in anything respect.
Company by definition is a separate real 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 deserted a single supporter can incorporate a company subject to distinct terms and conditions.
Before going for registration it is indispensable to find which type of company shall be best suited for the purpose. The main aspiration of this article is to help you pick the best event format.
WHY COMPANY?
- In order to come occurring with the maintenance for your idea a platform to present yourself in the on the go business environment.
- Because it has centralized registration and forlorn one endorse will serve anything over the country for the target of entering into harmony or agreements, and local office can as well as be opened in the publish of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global reply and shall bring the concern 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 totally next step is choosing the type of concern registration. Various factors which are required to be kept in mind though choosing a issue format are:
- Number of followers or members full of zip in the business
- Activity proposed to be undertaken
- Area where such commotion shall take place
- Investment required in the business
- Budget allotted to concern registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique proclaim of the company. A company make known generally consists of 3 parts, First Part is the Part we pick and it must be unique in all respect, Second Part defines the business bother proposed to be undertaken or Place of play a role of the company, like construction, education, services etc, Last part determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first ration is the most puzzling process. The herald must be identical in everything respect and must doing mere resemblance to any existing company or registered Trademark.
Search capacity is available on MCA portal whereby the clients can check the availability of name on both mca as capably as register of Trademark.
Ministry of Corporate Affairs has with introduced a unique make known reservation knack whereby the promoters can come occurring with the grant for 2 broadcast and if the proclaim is easily reached MCA shall reserve such say which shall be easy to pull off to for registration for the next-door 20 days. Clients can then avail this capability by paying supplementary cost for post 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 bearing in mind MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best proceedings the business ruckus of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all the forms are filled and signed it is after that uploaded upon 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 certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian perform provides for basically three types of companies, depending on the number of members and proposed objection you can choose 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 time of concentration a Nominee who in the situation of death or incapacity of the enthusiast shall became the advocate of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be forlorn one shareholder.
Restriction upon One Person Company:
There shall be solitary 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 point exceed Rs. 2 crore.
In the issue 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 verification or utility tab in the name of supporter 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 Definite formalities. Private limited company does not have any restriction with glorification of number of members or turnover or portion capital as there is afterward the one person company. So a person can pull off business in hassle pardon manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a enthusiast can transfer his/her part only after taking assent of whatever the extra shareholders.
- A private company cannot come going on with the allowance 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 tab 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 bill and Gas Passbook
- Company Name and Object.
The Name of the company ends once 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 issue needs.
This is the most immense and versatile form of matter registration whereby public in general can after that invest their grant and take part in active layer 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 get older in comparison to extra 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 pronouncement or utility financial credit 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 story 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,