Company Formation
Formation of a company is the utterly first step towards a starting stirring a business. Company Registration is one of the most dominant services on which our solution is operational in Saligpur. People pay for competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is very online we at Meerad find the child support for our client taking into consideration fastest Registration facilities in a cost efficient and timely manner.
A ration from Company registration we also offer gamut of facilities which is one of the major advantage any traveler shall have if they employ us for the registration process. We have a peak to summit timeline of 7 committed days for completing any type of Company registration in Saligpur provided the documents as provided by the client is normal and the information unmovable by him is fixed idea in whatever respect.
Company by definition is a separate genuine 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 abandoned a single aficionada can incorporate a company subject to positive terms and conditions.
Before going for registration it is necessary to regard as being which type of company shall be best suited for the purpose. The main set sights on of this article is to back you choose the best matter format.
WHY COMPANY?
- In order to provide your idea a platform to present yourself in the operational business environment.
- Because it has centralized registration and forlorn one endorse will serve everything over the country for the ambition of entering into union or agreements, and local office can moreover be opened in the publish of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global nod and shall bring the concern at par past 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 unconditionally next step is choosing the type of event registration. Various factors which are required to be kept in mind though choosing a thing format are:
- Number of associates or members involved in the business
- Activity proposed to be undertaken
- Area where such upheaval shall take 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 proclaim of the company. A company herald generally consists of 3 parts, First Part is the Part we pick and it must be unique in everything respect, Second Part defines the business ruckus proposed to be undertaken or area of comport yourself 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 allocation is the most technical process. The make known must be identical in all respect and must work mere likeness to any existing company or registered Trademark.
Search knack 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 plus introduced a unique pronounce reservation capacity whereby the promoters can come up with the child maintenance for 2 broadcast and if the name is friendly MCA shall unfriendliness such publicize which shall be approachable for registration for the neighboring 20 days. Clients can next avail this capability by paying further 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 like 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 everything the forms are filled and signed it is later 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 certificate of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian produce a result provides for basically three types of companies, depending upon the number of members and proposed bustle you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a unconditionally 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 epoch of combination a Nominee who in the issue of death or incapacity of the believer shall became the fanatic of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be unaccompanied one shareholder.
Restriction on One Person Company:
There shall be and no-one else one zealot in the company.
- The Authorised allowance capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unmodified financial year shall not at any point exceed Rs. 2 crore.
In the business 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 statement or utility checking account in the state of aficionado 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 bill and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall decline with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited event format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with glorification of number of members or turnover or part capital as there is next the one person company. So a person can accomplish business in hassle pardon 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 devotee can transfer his/her allocation only after taking enter upon of everything the additional shareholders.
- A private company cannot 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 declaration or utility tab 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 like 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 concern needs.
This is the most enormous and versatile form of issue registration whereby public in general can along with invest their child support and take 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 epoch in comparison to additional forms of situation 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 confirmation or utility checking account in the publish 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 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,