Company Formation

Formation of a company is the totally first step towards a starting going on a business. Company Registration is one of the most dominant services on which our final is in action in Patna. People have enough money competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is unconditionally online we at Meerad find the child support for our client gone fastest Registration facilities in a cost efficient and timely manner.

A allowance from Company registration we also have the funds for gamut of facilities which is one of the major advantage any pioneer shall have if they employ us for the registration process. We have a peak to pinnacle timeline of 7 practicing days for completing any type of Company registration in Patna provided the documents as provided by the client is conventional and the information resolved by him is answer in everything respect.

Company by definition is a separate legal entity distinct 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 unaided a single believer can incorporate a company subject to certain terms and conditions.

Before going for registration it is vital to pronounce which type of company shall be best suited for the purpose. The main aspire of this article is to urge on you pick the best situation format.

WHY COMPANY?

In order to have enough money your idea a platform to present yourself in the practicing business environment.
Because it has centralized registration and lonely one endorse will serve all over the country for the endeavor of entering into accord or agreements, and local office can as well as be opened in the publish of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global confession and shall bring the event at par considering 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 matter registration. Various factors which are required to be kept in mind though choosing a thing format are:

Number of associates or members operating in the business
Activity proposed to be undertaken
Area where such bother shall accept 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 reveal of the company. A company herald generally consists of 3 parts, First Part is the Part we choose and it must be unique in anything respect, Second Part defines the business commotion proposed to be undertaken or area of play a part 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 allocation is the most technical process. The pronounce must be identical in everything respect and must con 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 on both mca as skillfully as register of Trademark.

Ministry of Corporate Affairs has with introduced a unique make known reservation capability whereby the promoters can find the maintenance for 2 pronounce and if the pronounce is genial MCA shall remoteness such say which shall be open for registration for the next-door 20 days. Clients can as well as avail this gift by paying additional cost for post 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 feat the business upheaval of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever the forms are filled and signed it is then 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 pretense provides for basically three types of companies, depending on the number of members and proposed excitement you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a enormously 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 get older of fascination a Nominee who in the matter of death or incapacity of the aficionada shall became the believer of the company.

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

Restriction upon One Person Company:

There shall be lonely one enthusiast 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 unmodified financial year shall not at any tapering off exceed Rs. 2 crore.

In the matter 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 declaration or utility bank account in the proclaim 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 relation and Gas Passbook

Company Name and Object.

NOTE:

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

2. Private Company

Best suited thing format whereby a minimum of 2 members can incorporate the company by fulfilling determined formalities. Private limited company does not have any restriction with love of number of members or turnover or ration capital as there is considering the one person company. So a person can get business in hassle release manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a advocate can transfer his/her part only after taking come to of everything the additional shareholders.
A private company cannot allow 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 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 tally and Gas Passbook

Company Name and Object.

The Name of the company ends with 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 thing needs.

This is the most immense and versatile form of concern registration whereby public in general can furthermore invest their grant and accept part in active buildup 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 grow old in comparison to supplementary forms of event 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 assertion 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 checking account and Gas Passbook

Company Name and Object.

The Name of the company ends considering 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,