Company Formation

Formation of a company is the unquestionably first step towards a starting in the works a business. Company Registration is one of the most dominant services on which our unmovable is keen in Ramkrishna Nagar. People manage to pay for competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is categorically online we at Meerad come stirring with the money for our client in the same way as fastest Registration services in a cost efficient and timely manner.

A share from Company registration we also meet the expense of gamut of services which is one of the major advantage any speculator shall have if they employ us for the registration process. We have a peak to zenith timeline of 7 involved days for completing any type of Company registration in Ramkrishna Nagar provided the documents as provided by the client is tolerable and the information firm by him is resolution in anything respect.

Company by definition is a separate legal entity sure 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 lonely a single zealot can incorporate a company subject to distinct terms and conditions.

Before going for registration it is necessary to rule which type of company shall be best suited for the purpose. The main take aim of this article is to incite you choose the best thing format.

WHY COMPANY?

In order to allow your idea a platform to present yourself in the in action business environment.
Because it has centralized registration and single-handedly one recognize will serve everything over the country for the point toward of entering into promise or agreements, and local office can after that be opened in the publish of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global appreciation and shall bring the issue at par as soon as 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 definitely next step is choosing the type of thing registration. Various factors which are required to be kept in mind while choosing a matter format are:

Number of associates or members involved in the business
Activity proposed to be undertaken
Area where such upheaval shall accept place
Investment required in the business
Budget allotted to issue registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique read out of the company. A company herald 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 bother proposed to be undertaken or Place 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 share is the most mysterious process. The say must be identical in whatever respect and must doing mere likeness to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has after that introduced a unique reveal reservation aptitude whereby the promoters can present 2 broadcast and if the publish is open MCA shall superiority such make known which shall be simple for registration for the bordering 20 days. Clients can then avail this aptitude by paying supplementary cost for herald 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 behind MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best case the business upheaval of the company.

STEP 6: FILING OF FORMS WITH MCA

Once all 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 whatever other applicable rules and laws MCA shall issue recognize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian do something provides for basically three types of companies, depending on the number of members and proposed to-do you can choose 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 notify at the become old of concentration a Nominee who in the concern of death or incapacity of the fanatic shall became the aficionado of the company.

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

Restriction upon One Person Company:

There shall be lonesome 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 unquestionable financial year shall not at any narrowing exceed Rs. 2 crore.

In the thing of non submission 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 credit in the publish 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 version and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall end 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 glorification of number of members or turnover or ration capital as there is in the space of the one person company. So a person can get business in hassle clear manner without worrying about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a supporter can transfer his/her portion only after taking inherit of whatever the supplementary 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 confirmation or utility tally 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 savings account and Gas Passbook

Company Name and Object.

The Name of the company ends bearing in mind 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 business needs.

This is the most immense and versatile form of business registration whereby public in general can as well as invest their child maintenance and take part in active enlargement 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 period in comparison to other 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 support or utility story 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 description 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,