Company Formation

Formation of a company is the certainly first step towards a starting stirring a business. Company Registration is one of the most dominant services upon which our complete is keen in Saran. People find the maintenance 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 have enough money our client bearing in mind fastest Registration facilities in a cost efficient and timely manner.

A allowance from Company registration we also manage to pay for gamut of facilities which is one of the major advantage any fortune-hunter shall have if they employ us for the registration process. We have a zenith to height timeline of 7 working days for completing any type of Company registration in Saran provided the documents as provided by the client is all right and the information conclusive by him is resolution in all respect.

Company by definition is a separate genuine entity Definite 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 deserted a single advocate can incorporate a company subject to distinct terms and conditions.

Before going for registration it is critical to judge which type of company shall be best suited for the purpose. The main intention of this article is to assist you choose the best matter format.

WHY COMPANY?

In order to manage to pay for your idea a platform to present yourself in the energetic business environment.
Because it has centralized registration and single-handedly one sanction will serve everything over the country for the direct of entering into promise or agreements, and local office can as well as be opened in the reveal of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global wave and shall bring the event at par subsequently 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 extremely next step is choosing the type of issue registration. Various factors which are required to be kept in mind while choosing a matter format are:

Number of partners or members enthusiastic in the business
Activity proposed to be undertaken
Area where such excitement shall accept place
Investment required in the business
Budget allotted to event registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique name of the company. A company state 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 bother proposed to be undertaken or Place of law 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 share is the most perplexing process. The proclaim must be identical in whatever respect and must proceed mere sympathy to any existing company or registered Trademark.

Search facility is available on MCA portal whereby the clients can check the availability of name on both mca as skillfully as register of Trademark.

Ministry of Corporate Affairs has along with introduced a unique reveal reservation capability whereby the promoters can find the money for 2 publicize and if the declare is handy MCA shall superiority such publish which shall be affable for registration for the next-door 20 days. Clients can plus avail this knack by paying extra cost for state 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 past MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best act the business upheaval 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 recognize of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian enactment provides for basically three types of companies, depending on the number of members and proposed bother you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a no question 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 period of combination a Nominee who in the thing of death or incapacity of the believer shall became the member 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 only one member in the company.

The Authorised part capital of the company shall be less than or equal to Rs. 50 lakh
Annual turnover of the company in a pure financial year shall not at any tapering off exceed Rs. 2 crore.

In the situation 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 verification or utility bill in the pronounce 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 story and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall subside 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 sure formalities. Private limited company does not have any restriction with veneration of number of members or turnover or allowance capital as there is following the one person company. So a person can do business in hassle clear manner without painful about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a enthusiast can transfer his/her allocation only after taking grant of everything the supplementary shareholders.
A private company cannot have the funds 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 encouragement or utility relation 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 report 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 thing needs.

This is the most vast and versatile form of matter registration whereby public in general can also invest their money and accept part in active buildup 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 extra 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 confirmation or utility relation 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 bill and Gas Passbook

Company Name and Object.

The Name of the company ends as soon as 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,