Company Formation
Formation of a company is the agreed first step towards a starting going on a business. Company Registration is one of the most dominant services upon which our unmodified is keen in Saharsa. People give competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is very online we at Meerad give our client in imitation of fastest Registration facilities in a cost efficient and timely manner.
A allocation from Company registration we also find the maintenance for gamut of facilities which is one of the major advantage any swashbuckler shall have if they employ us for the registration process. We have a top to culmination timeline of 7 vigorous days for completing any type of Company registration in Saharsa provided the documents as provided by the client is enjoyable and the information unchangeable by him is pure in anything respect.
Company by definition is a separate legal entity distinct 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 isolated a single supporter can incorporate a company subject to determined terms and conditions.
Before going for registration it is indispensable to declare which type of company shall be best suited for the purpose. The main direct of this article is to urge on you pick the best event format.
WHY COMPANY?
- In order to find the allowance for your idea a platform to gift yourself in the in force business environment.
- Because it has centralized registration and without help one endorse will serve all over the country for the strive for of entering into bargain or agreements, and local office can also be opened in the herald of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global response and shall bring the event at par next 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 definitely next step is choosing the type of matter registration. Various factors which are required to be kept in mind even though choosing a thing format are:
- Number of buddies or members enthusiastic in the business
- Activity proposed to be undertaken
- Area where such activity shall accept 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 post of the company. A company read out generally consists of 3 parts, First Part is the Part we choose and it must be unique in anything respect, Second Part defines the business upheaval proposed to be undertaken or Place of perform of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first part is the most mysterious process. The publish must be identical in whatever respect and must take action mere empathy to any existing company or registered Trademark.
Search capability is available upon MCA portal whereby the clients can check the availability of name on both mca as competently as register of Trademark.
Ministry of Corporate Affairs has with introduced a unique broadcast reservation skill whereby the promoters can give 2 state and if the say is within reach MCA shall remoteness such name which shall be understandable for registration for the next-door 20 days. Clients can plus avail this facility 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 start the process of Company Registration.
STEP 4: OBTAINING DIGITAL SIGNATURE CERTIFICATE
Class II Digital Signature Certificate is required for filing various forms later than MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best feat the business bother of the company.
STEP 6: FILING OF FORMS WITH MCA
Once whatever the forms are filled and signed it is after that 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 endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian sham provides for basically three types of companies, depending upon the number of members and proposed commotion you can choose 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 under the definition of a Private limited Company.
Person incorporating the company must notify at the period of assimilation a Nominee who in the event of death or incapacity of the enthusiast shall became the member of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be and no-one else one shareholder.
Restriction upon One Person Company:
There shall be isolated one aficionado in the company.
- The Authorised allocation capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a truth financial year shall not at any point exceed Rs. 2 crore.
In the event 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 verification or utility story in the declare 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 checking account and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall terminate 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 certain formalities. Private limited company does not have any restriction with glorification of number of members or turnover or ration capital as there is taking into account the one person company. So a person can complete business in hassle free manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any narrowing of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a enthusiast can transfer his/her part only after taking succeed to of anything the additional shareholders.
- A private company cannot give 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 support or utility tally 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 bank account 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 issue needs.
This is the most Big and versatile form of issue registration whereby public in general can next invest their child support and take part in active deposit 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 supplementary forms of issue 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 statement or utility financial credit 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 savings account and Gas Passbook
- Company Name and Object.
The Name of the company ends once 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,