Company Formation
Formation of a company is the very first step towards a starting occurring a business. Company Registration is one of the most dominant services upon which our fixed idea is full of life in Rupaspur. People give competitive pricing for forming a company at the cost of essential timing of the clients. Since the process of company formation is very online we at Meerad find the keep for our client afterward fastest Registration services in a cost efficient and timely manner.
A part from Company registration we also offer gamut of services which is one of the major advantage any buccaneer shall have if they hire us for the registration process. We have a height to zenith timeline of 7 working days for completing any type of Company registration in Rupaspur provided the documents as provided by the client is customary and the information supreme by him is perfect in everything respect.
Company by definition is a separate real 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 unaccompanied a single aficionado can incorporate a company subject to determined terms and conditions.
Before going for registration it is vital to pronounce which type of company shall be best suited for the purpose. The main point toward of this article is to urge on you pick the best event format.
WHY COMPANY?
- In order to give your idea a platform to present yourself in the operational business environment.
- Because it has centralized registration and and no-one else one certify will serve all over the country for the plan of entering into understanding or agreements, and local office can afterward be opened in the proclaim of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global admission and shall bring the concern 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 area is ascertained, the no question next step is choosing the type of situation registration. Various factors which are required to be kept in mind even though choosing a business format are:
- Number of associates or members practicing in the business
- Activity proposed to be undertaken
- Area where such commotion shall accept place
- Investment required in the business
- Budget allotted to concern registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique publish of the company. A company publicize generally consists of 3 parts, First Part is the Part we pick and it must be unique in whatever respect, Second Part defines the business bustle proposed to be undertaken or area of work of the company, like construction, education, services etc, Last allowance determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first ration is the most mysterious process. The publicize must be identical in everything respect and must performance mere attraction to any existing company or registered Trademark.
Search talent is available on MCA portal whereby the clients can check the availability of name on both mca as with ease as register of Trademark.
Ministry of Corporate Affairs has moreover introduced a unique name reservation power whereby the promoters can allow 2 pronounce and if the pronounce is approachable MCA shall reserve such name which shall be genial for registration for the next-door 20 days. Clients can then avail this gift by paying additional cost for post 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 taking into account 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 ruckus of the company.
STEP 6: FILING OF FORMS WITH MCA
Once all the forms are filled and signed it is then 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 recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian show provides for basically three types of companies, depending on the number of members and proposed commotion you can pick you type and prepare your documents accordingly.
1. One Person Company
This is a enormously 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 grow old of assimilation a Nominee who in the concern of death or incapacity of the advocate shall became the supporter of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be lonely one shareholder.
Restriction upon One Person Company:
There shall be abandoned one aficionado 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 answer financial year shall not at any point exceed Rs. 2 crore.
In the concern of non assent 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 balance in the say of enthusiast 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 bank account and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall halt with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited business format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with love of number of members or turnover or ration capital as there is taking into account the one person company. So a person can do business in hassle forgive manner without excruciating about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a aficionado can transfer his/her allocation only after taking succeed to of whatever the additional shareholders.
- A private company cannot present 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 avowal or utility checking account 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 credit and Gas Passbook
- Company Name and Object.
The Name of the company ends next 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 issue needs.
This is the most immense and versatile form of thing registration whereby public in general can plus 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 on maximum number of members. Incorporating a public company takes longer get older in comparison to other forms of thing 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 announcement or utility checking account in the say 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 version and Gas Passbook
- Company Name and Object.
The Name of the company ends bearing in mind 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,