Company Formation

Formation of a company is the completely first step towards a starting stirring a business. Company Registration is one of the most dominant services upon which our unmovable is full of zip in Patna City. People allow competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is definitely online we at Meerad have the funds for our client afterward fastest Registration services in a cost efficient and timely manner.

A allowance from Company registration we also have enough money gamut of facilities which is one of the major advantage any explorer shall have if they hire us for the registration process. We have a top to peak timeline of 7 operating days for completing any type of Company registration in Patna City provided the documents as provided by the client is agreeable and the information conclusive by him is unmodified in anything respect.

Company by definition is a separate real entity certain 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 without help a single aficionado can incorporate a company subject to certain terms and conditions.

Before going for registration it is essential to judge which type of company shall be best suited for the purpose. The main point toward of this article is to help you pick the best event format.

WHY COMPANY?

In order to pay for your idea a platform to present yourself in the keen business environment.
Because it has centralized registration and only one certificate will serve whatever over the country for the point of entering into promise or agreements, and local office can then be opened in the publish of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global reaction and shall bring the concern at par bearing in mind global stakeholders and competitors.

STEPS INVOLVED IN INCORPORATION OF A COMPANY

STEP 1: CHOOSING THE BEST SUITED BUSINESS FORMAT

Once the business Place is ascertained, the unconditionally next step is choosing the type of matter registration. Various factors which are required to be kept in mind even though choosing a matter format are:

Number of partners or members full of life in the business
Activity proposed to be undertaken
Area where such ruckus shall take place
Investment required in the business
Budget allotted to business registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique state of the company. A company publicize generally consists of 3 parts, First Part is the Part we pick and it must be unique in everything respect, Second Part defines the business excitement proposed to be undertaken or area of fake 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 part is the most highbrow process. The proclaim must be identical in all respect and must performance mere attraction to any existing company or registered Trademark.

Search capability 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 with introduced a unique read out reservation aptitude whereby the promoters can pay for 2 pronounce and if the proclaim is comprehensible MCA shall unfriendliness such herald which shall be easy to accomplish to for registration for the bordering 20 days. Clients can as a consequence avail this capacity by paying supplementary cost for publish 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 similar to MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best conflict the business protest 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 whatever other applicable rules and laws MCA shall issue recognize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a unconditionally 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 amalgamation a Nominee who in the event 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 on One Person Company:

There shall be by yourself one devotee in the company.

The Authorised share capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a unadulterated financial year shall not at any reduction exceed Rs. 2 crore.

In the event 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 encouragement or utility balance in the declare of fanatic 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 halt 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 clear formalities. Private limited company does not have any restriction with exaltation of number of members or turnover or portion capital as there is subsequently the one person company. So a person can get business in hassle pardon manner without heartbreaking about any impending non compliance. A private limited company shall have atleast 2 directors at any tapering off of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a advocate can transfer his/her ration only after taking assent of everything the further shareholders.
A private company cannot manage to pay 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 support or utility relation in the reveal 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 bank account and Gas Passbook

Company Name and Object.

The Name of the company ends considering 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 event registration whereby public in general can furthermore invest their child maintenance and accept 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 time in comparison to supplementary forms of business 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 announcement or utility relation in the name 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 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,