Company Formation
Formation of a company is the definitely first step towards a starting occurring a business. Company Registration is one of the most dominant services upon which our unqualified is on the go in Ramgarh. People provide 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 give our client past fastest Registration facilities in a cost efficient and timely manner.
A ration from Company registration we also present gamut of services which is one of the major advantage any swashbuckler shall have if they employ us for the registration process. We have a culmination to zenith timeline of 7 lively days for completing any type of Company registration in Ramgarh provided the documents as provided by the client is all right and the information truth by him is resolved in anything respect.
Company by definition is a separate real entity determined 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 supporter can incorporate a company subject to certain terms and conditions.
Before going for registration it is valuable to judge which type of company shall be best suited for the purpose. The main mean of this article is to urge on you pick the best issue format.
WHY COMPANY?
- In order to pay for your idea a platform to present yourself in the in action business environment.
- Because it has centralized registration and only one certificate will serve anything over the country for the try of entering into union or agreements, and local office can afterward be opened in the post of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global nod and shall bring the situation at par taking into consideration 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 utterly next step is choosing the type of situation registration. Various factors which are required to be kept in mind while choosing a thing format are:
- Number of followers or members keen in the business
- Activity proposed to be undertaken
- Area where such commotion shall accept place
- Investment required in the business
- Budget allotted to business registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique pronounce of the company. A company declare generally consists of 3 parts, First Part is the Part we choose and it must be unique in all respect, Second Part defines the business ruckus proposed to be undertaken or area of con of the company, like construction, education, services etc, Last ration determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first portion is the most complex process. The broadcast must be identical in all respect and must deed mere similarity to any existing company or registered Trademark.
Search capacity 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 moreover introduced a unique proclaim reservation knack whereby the promoters can find the child maintenance for 2 declare and if the pronounce is within reach MCA shall reserve such name which shall be genial for registration for the next-door 20 days. Clients can moreover avail this faculty by paying supplementary cost for broadcast 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 as soon as MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best deed the business protest of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is subsequently uploaded upon the mca portal and based on the documents attached and subject to the availability of names and anything other applicable rules and laws MCA shall issue endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian work provides for basically three types of companies, depending on the number of members and proposed commotion you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a utterly 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 era of engagement a Nominee who in the situation of death or incapacity of the member shall became the fanatic of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be abandoned one shareholder.
Restriction on One Person Company:
There shall be and no-one else one believer 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 utter financial year shall not at any reduction exceed Rs. 2 crore.
In the concern 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 avowal or utility relation in the broadcast of advocate 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 description and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall grow less with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited concern 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 allowance capital as there is bearing in mind the one person company. So a person can get business in hassle release manner without painful 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 member can transfer his/her share only after taking comply of everything the additional shareholders.
- A private company cannot have enough money 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 relation 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 explanation and Gas Passbook
- Company Name and Object.
The Name of the company ends behind 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 immense and versatile form of business registration whereby public in general can with invest their keep and take part in active accrual 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 supplementary 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 assertion or utility balance in the make known 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 behind 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,