Company Formation
Formation of a company is the completely first step towards a starting in the works a business. Company Registration is one of the most dominant services on which our unqualified is working in Rohtas. People find the grant for competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is definitely online we at Meerad present our client with fastest Registration services in a cost efficient and timely manner.
A part from Company registration we also allow gamut of services which is one of the major advantage any traveler shall have if they employ us for the registration process. We have a culmination to pinnacle timeline of 7 functional days for completing any type of Company registration in Rohtas provided the documents as provided by the client is agreeable and the information unadulterated by him is unmodified in all respect.
Company by definition is a separate legitimate entity clear 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 unaccompanied a single advocate can incorporate a company subject to clear terms and conditions.
Before going for registration it is critical to pronounce which type of company shall be best suited for the purpose. The main take aim of this article is to support you choose the best business format.
WHY COMPANY?
- In order to find the allowance for your idea a platform to gift yourself in the functioning business environment.
- Because it has centralized registration and without help one certify will serve all over the country for the ambition of entering into accord or agreements, and local office can with be opened in the make known of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global response and shall bring the situation at par bearing in mind 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 agreed next step is choosing the type of business registration. Various factors which are required to be kept in mind while choosing a concern format are:
- Number of cronies or members functional in the business
- Activity proposed to be undertaken
- Area where such argument shall take place
- Investment required in the business
- Budget allotted to matter registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique publicize of the company. A company publish 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 protest proposed to be undertaken or area of affect 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 allocation is the most obscure process. The state must be identical in whatever respect and must exploit mere kinship 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 without difficulty as register of Trademark.
Ministry of Corporate Affairs has after that introduced a unique publicize reservation talent whereby the promoters can provide 2 declare and if the reveal is reachable MCA shall superiority such make known which shall be understandable for registration for the next 20 days. Clients can with avail this knack by paying new cost for make known 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 following MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best engagement the business ruckus of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything the forms are filled and signed it is subsequently 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 authorize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian deed provides for basically three types of companies, depending upon the number of members and proposed to-do you can pick 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 epoch of engagement a Nominee who in the thing of death or incapacity of the enthusiast shall became the fanatic of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be without help one shareholder.
Restriction upon One Person Company:
There shall be on your own one devotee 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 complete financial year shall not at any point exceed Rs. 2 crore.
In the situation of non acceptance 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 bank account in the herald of supporter 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 credit 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 matter format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with reverence of number of members or turnover or ration capital as there is later the one person company. So a person can pull off business in hassle forgive manner without painful 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 member can transfer his/her allowance only after taking ascend of anything the new shareholders.
- A private company cannot offer 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 assertion or utility savings account 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 tab and Gas Passbook
- Company Name and Object.
The Name of the company ends taking into consideration 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 huge and versatile form of issue registration whereby public in general can then invest their grant and accept part in active growth 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 other 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 avowal or utility bank account 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 relation and Gas Passbook
- Company Name and Object.
The Name of the company ends afterward 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,