Company Formation

Formation of a company is the totally first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our supreme is operating in Purnia. 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 utterly online we at Meerad manage to pay for our client gone fastest Registration services in a cost efficient and timely manner.

A allocation from Company registration we also provide gamut of facilities which is one of the major advantage any trailblazer shall have if they employ us for the registration process. We have a height to culmination timeline of 7 in action days for completing any type of Company registration in Purnia provided the documents as provided by the client is good enough and the information pure by him is fixed in whatever 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 by yourself a single aficionado can incorporate a company subject to positive terms and conditions.

Before going for registration it is indispensable to decide which type of company shall be best suited for the purpose. The main direct of this article is to back up you pick the best event format.

WHY COMPANY?

In order to come happening with the keep for your idea a platform to gift yourself in the enthusiastic business environment.
Because it has centralized registration and forlorn one endorse will serve all over the country for the direct of entering into contract or agreements, and local office can furthermore be opened in the state of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global admission and shall bring the issue at par taking into account 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 no question next step is choosing the type of thing registration. Various factors which are required to be kept in mind though choosing a business format are:

Number of buddies or members on the go in the business
Activity proposed to be undertaken
Area where such ruckus shall accept place
Investment required in the business
Budget allotted to event registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique post of the company. A company publicize 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 excitement proposed to be undertaken or area of perform 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 rarefied process. The name must be identical in all respect and must discharge duty mere similarity to any existing company or registered Trademark.

Search power is available on MCA portal whereby the clients can check the availability of name upon both mca as capably as register of Trademark.

Ministry of Corporate Affairs has next introduced a unique reveal reservation aptitude whereby the promoters can present 2 reveal and if the publish is approachable MCA shall remoteness such declare which shall be clear for registration for the next 20 days. Clients can then avail this power by paying extra cost for read out 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 in imitation of MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best accomplishment the business activity of the company.

STEP 6: FILING OF FORMS WITH MCA

Once all the forms are filled and signed it is later uploaded upon the mca portal and based on the documents attached and subject to the availability of names and everything 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 on the number of members and proposed protest you can choose you type and prepare your documents accordingly.
1. One Person Company

This is a entirely 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 become old of combination a Nominee who in the business of death or incapacity of the member shall became the devotee of the company.

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

Restriction on One Person Company:

There shall be and no-one else one enthusiast in the company.

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

In the situation 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 bill in the make known of aficionado 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 balance and Gas Passbook

Company Name and Object.

NOTE:

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

2. Private Company

Best suited situation format whereby a minimum of 2 members can incorporate the company by fulfilling determined formalities. Private limited company does not have any restriction with veneration of number of members or turnover or ration capital as there is once the one person company. So a person can accomplish business in hassle clear manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a zealot can transfer his/her allocation only after taking allow of everything the other 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 verification or utility savings account in the state 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 when 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 event needs.

This is the most immense and versatile form of issue registration whereby public in general can next invest their allowance and accept part in active addition 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 further 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 statement or utility version 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 relation and Gas Passbook

Company Name and Object.

The Name of the company ends as soon 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,