Company Formation
Formation of a company is the unconditionally first step towards a starting up a business. Company Registration is one of the most dominant services upon which our perfect is involved in Samastipur. People provide competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is utterly online we at Meerad find the money for our client gone fastest Registration services in a cost efficient and timely manner.
A allowance from Company registration we also manage to pay for gamut of services which is one of the major advantage any entrepreneur shall have if they employ us for the registration process. We have a height to culmination timeline of 7 vigorous days for completing any type of Company registration in Samastipur provided the documents as provided by the client is standard and the information unadulterated by him is final in whatever 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 and no-one else a single zealot can incorporate a company subject to positive terms and conditions.
Before going for registration it is necessary to deem which type of company shall be best suited for the purpose. The main objective of this article is to assist you pick the best concern format.
WHY COMPANY?
- In order to have enough money your idea a platform to gift yourself in the functioning business environment.
- Because it has centralized registration and abandoned one certificate will serve all over the country for the purpose of entering into harmony or agreements, and local office can after that be opened in the publicize of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global acceptance and shall bring the thing 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 certainly next step is choosing the type of event registration. Various factors which are required to be kept in mind even though choosing a matter format are:
- Number of associates or members committed in the business
- Activity proposed to be undertaken
- Area where such excitement shall take place
- Investment required in the business
- Budget allotted to event registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique name 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 upheaval proposed to be undertaken or Place of accomplishment of the company, like construction, education, services etc, Last share determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first allowance is the most mysterious process. The reveal must be identical in anything respect and must work mere resemblance to any existing company or registered Trademark.
Search faculty is available upon MCA portal whereby the clients can check the availability of name upon both mca as competently as register of Trademark.
Ministry of Corporate Affairs has as well as introduced a unique read out reservation aptitude whereby the promoters can have enough money 2 state and if the make known is approachable MCA shall coldness such declare which shall be simple for registration for the next 20 days. Clients can as a consequence avail this power by paying other cost for reveal 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 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 to-do 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 certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian work provides for basically three types of companies, depending upon the number of members and proposed ruckus you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a utterly 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 grow old of assimilation a Nominee who in the matter of death or incapacity of the zealot shall became the supporter 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 lonely one fanatic 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 resolved financial year shall not at any lessening exceed Rs. 2 crore.
In the business of non compliance 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 support or utility savings account in the proclaim 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 description 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 issue format whereby a minimum of 2 members can incorporate the company by fulfilling determined formalities. Private limited company does not have any restriction with devotion of number of members or turnover or share capital as there is subsequently the one person company. So a person can get business in hassle free manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a aficionada can transfer his/her allowance only after taking agree of everything the supplementary 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 confirmation or utility checking 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 bill and Gas Passbook
- Company Name and Object.
The Name of the company ends afterward 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 situation needs.
This is the most Big and versatile form of thing registration whereby public in general can as well as invest their grant and accept part in active lump 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 grow old in comparison to further 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 assertion or utility bill in the reveal 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 subsequently 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,