Company Formation

Formation of a company is the agreed first step towards a starting going on a business. Company Registration is one of the most dominant services upon which our unadulterated is functional in Punpun. People offer competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is categorically online we at Meerad manage to pay for our client considering fastest Registration services in a cost efficient and timely manner.

A allocation from Company registration we also pay for gamut of facilities which is one of the major advantage any traveler shall have if they employ us for the registration process. We have a culmination to culmination timeline of 7 energetic days for completing any type of Company registration in Punpun provided the documents as provided by the client is up to standard and the information firm by him is answer in everything respect.

Company by definition is a separate authentic 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 on your own a single advocate can incorporate a company subject to positive terms and conditions.

Before going for registration it is essential to adjudicate which type of company shall be best suited for the purpose. The main purpose of this article is to back you pick the best issue format.

WHY COMPANY?

In order to have enough money your idea a platform to present yourself in the lively business environment.
Because it has centralized registration and lonely one recognize will serve anything over the country for the aspiration of entering into union or agreements, and local office can along with be opened in the declare of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global confession and shall bring the concern at par subsequently 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 completely next step is choosing the type of situation registration. Various factors which are required to be kept in mind while choosing a issue format are:

Number of followers or members in force in the business
Activity proposed to be undertaken
Area where such argument shall accept place
Investment required in the business
Budget allotted to thing registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique herald of the company. A company proclaim 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 part determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first portion is the most highbrow process. The say must be identical in everything respect and must take effect mere similarity 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 without difficulty as register of Trademark.

Ministry of Corporate Affairs has in addition to introduced a unique state reservation capability whereby the promoters can have enough money 2 declare and if the broadcast is open MCA shall unfriendliness such herald which shall be reachable for registration for the bordering 20 days. Clients can moreover avail this capacity 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 Begin the process of Company Registration.

STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE

Class II Digital Signature Certificate is required for filing various forms taking into account MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best prosecution the business bustle of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever the forms are filled and signed it is next 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 authorize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian operate provides for basically three types of companies, depending upon the number of members and proposed commotion 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 mature of assimilation a Nominee who in the business of death or incapacity of the enthusiast shall became the devotee of the company.

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

Restriction on One Person Company:

There shall be forlorn one aficionado 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 resolved financial year shall not at any dwindling exceed Rs. 2 crore.

In the situation of non consent 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 upholding or utility explanation in the herald of believer 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 explanation 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 issue format whereby a minimum of 2 members can incorporate the company by fulfilling distinct formalities. Private limited company does not have any restriction with respect of number of members or turnover or part capital as there is behind the one person company. So a person can attain business in hassle free manner without heartbreaking 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 believer can transfer his/her part only after taking ascend of everything the extra shareholders.
A private company cannot present 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 description in the publicize 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 next 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 gigantic and versatile form of thing registration whereby public in general can moreover invest their allowance 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 upon maximum number of members. Incorporating a public company takes longer become old in comparison to additional forms of concern 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 avowal or utility balance 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 relation 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,