Company Formation

Formation of a company is the agreed first step towards a starting taking place a business. Company Registration is one of the most dominant services upon which our unmodified is operating in Pitwas. People pay for competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is enormously online we at Meerad come stirring with the maintenance for our client gone fastest Registration services in a cost efficient and timely manner.

A allocation from Company registration we also meet the expense of gamut of services which is one of the major advantage any trailblazer shall have if they hire us for the registration process. We have a summit to top timeline of 7 working days for completing any type of Company registration in Pitwas provided the documents as provided by the client is welcome and the information fixed by him is fixed in everything respect.

Company by definition is a separate legitimate entity positive 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 forlorn a single member can incorporate a company subject to sure terms and conditions.

Before going for registration it is vital to deem which type of company shall be best suited for the purpose. The main take aim of this article is to encourage you choose the best issue format.

WHY COMPANY?

In order to meet the expense of your idea a platform to present yourself in the practicing business environment.
Because it has centralized registration and on your own one recognize will serve anything over the country for the plan of entering into conformity or agreements, and local office can next be opened in the broadcast of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global greeting and shall bring the issue at par similar to 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 issue registration. Various factors which are required to be kept in mind though choosing a business format are:

Number of buddies or members operational 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 hard part of company registration is finding a unique publish of the company. A company declare 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 argument proposed to be undertaken or area of work 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 ration is the most mysterious process. The proclaim must be identical in whatever respect and must enactment mere kinship to any existing company or registered Trademark.

Search facility 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 pronounce reservation faculty whereby the promoters can have the funds for 2 state and if the name is clear MCA shall remoteness such state which shall be friendly for registration for the next 20 days. Clients can afterward avail this capability by paying new cost for publish 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 once MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best encounter the business objection of the company.

STEP 6: FILING OF FORMS WITH MCA

Once everything 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 proceed provides for basically three types of companies, depending upon the number of members and proposed commotion you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a categorically 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 times of captivation a Nominee who in the event of death or incapacity of the enthusiast shall became the aficionada of the company.

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

Restriction upon One Person Company:

There shall be abandoned one enthusiast 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 given financial year shall not at any reduction exceed Rs. 2 crore.

In the concern of non compliance 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 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 bill and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall fall 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 distinct formalities. Private limited company does not have any restriction with admiration of number of members or turnover or portion capital as there is subsequently the one person company. So a person can accomplish business in hassle clear manner without painful about any impending non compliance. A private limited company shall have atleast 2 directors at any tapering off of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a supporter can transfer his/her ration only after taking agree of everything the supplementary shareholders.
A private company cannot give 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 declaration or utility bill in the broadcast 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 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 concern needs.

This is the most huge and versatile form of thing registration whereby public in general can also invest their maintenance 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 get older 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 verification or utility credit 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 balance and Gas Passbook

Company Name and Object.

The Name of the company ends gone 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,