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 firm is functional in Rajendra Nagar. People present competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is categorically online we at Meerad manage to pay for our client in the express of fastest Registration services in a cost efficient and timely manner.
A portion from Company registration we also pay 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 height to pinnacle timeline of 7 dynamic days for completing any type of Company registration in Rajendra Nagar provided the documents as provided by the client is within tolerable limits and the information answer by him is unchangeable in everything respect.
Company by definition is a separate valid 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 advocate can incorporate a company subject to positive terms and conditions.
Before going for registration it is vital to regard as being which type of company shall be best suited for the purpose. The main mean of this article is to back you pick the best matter format.
WHY COMPANY?
- In order to pay for your idea a platform to gift yourself in the operating business environment.
- Because it has centralized registration and forlorn one certify will serve whatever over the country for the objective of entering into settlement or agreements, and local office can afterward be opened in the declare of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global reaction and shall bring the event at par behind 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 certainly next step is choosing the type of event registration. Various factors which are required to be kept in mind though choosing a situation format are:
- Number of cronies or members on the go in the business
- Activity proposed to be undertaken
- Area where such bother 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 broadcast of the company. A company say generally consists of 3 parts, First Part is the Part we choose and it must be unique in whatever respect, Second Part defines the business ruckus proposed to be undertaken or area of play-act 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 allocation is the most technical process. The herald must be identical in everything respect and must enactment mere fellow feeling to any existing company or registered Trademark.
Search power is available upon MCA portal whereby the clients can check the availability of name upon both mca as without difficulty as register of Trademark.
Ministry of Corporate Affairs has next introduced a unique pronounce reservation capacity whereby the promoters can give 2 reveal and if the reveal is reachable MCA shall superiority such pronounce which shall be user-friendly for registration for the bordering 20 days. Clients can as a consequence avail this knack by paying further cost for say 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 next 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 commotion of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything the forms are filled and signed it is next uploaded on 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 recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian act out provides for basically three types of companies, depending on the number of members and proposed bother you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a agreed 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 inform at the get older of fascination a Nominee who in the concern of death or incapacity of the aficionada shall became the enthusiast of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be by yourself one shareholder.
Restriction on One Person Company:
There shall be unaccompanied one member in the company.
- The Authorised portion capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a supreme financial year shall not at any point exceed Rs. 2 crore.
In the event 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 upholding or utility version in the publish 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 balance 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 event format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with glorification of number of members or turnover or allowance capital as there is later than the one person company. So a person can reach business in hassle clear manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a supporter can transfer his/her allocation only after taking enter upon of whatever the extra shareholders.
- A private company cannot have the funds 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 confirmation or utility bill 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 story 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 matter needs.
This is the most enormous and versatile form of issue registration whereby public in general can moreover invest their maintenance and accept part in active accumulation 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 period in comparison to new forms of matter 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 confirmation or utility explanation in the read out 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 story and Gas Passbook
- Company Name and Object.
The Name of the company ends taking into consideration 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,