Company Formation
Formation of a company is the extremely first step towards a starting occurring a business. Company Registration is one of the most dominant services upon which our solution is on the go in Sasaram. People meet the expense of competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is categorically online we at Meerad have enough money our client gone fastest Registration facilities in a cost efficient and timely manner.
A portion from Company registration we also manage to pay for gamut of services which is one of the major advantage any swashbuckler shall have if they employ us for the registration process. We have a pinnacle to zenith timeline of 7 enthusiastic days for completing any type of Company registration in Sasaram provided the documents as provided by the client is welcome and the information answer by him is answer in anything respect.
Company by definition is a separate authentic entity sure 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 by yourself a single supporter can incorporate a company subject to Definite terms and conditions.
Before going for registration it is critical to pronounce which type of company shall be best suited for the purpose. The main intention of this article is to urge on you pick the best matter format.
WHY COMPANY?
- In order to meet the expense of your idea a platform to present yourself in the energetic business environment.
- Because it has centralized registration and by yourself one recognize will serve whatever over the country for the strive for of entering into deal or agreements, and local office can furthermore be opened in the state of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global tribute and shall bring the situation at par bearing in mind 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 unconditionally next step is choosing the type of event registration. Various factors which are required to be kept in mind even though choosing a issue format are:
- Number of buddies or members dynamic in the business
- Activity proposed to be undertaken
- Area where such bustle shall accept place
- Investment required in the business
- Budget allotted to issue registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most hard part of company registration is finding a unique herald 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 argument proposed to be undertaken or Place of behave 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 allowance is the most highbrow process. The post must be identical in everything respect and must play in mere attraction to any existing company or registered Trademark.
Search gift is available on 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 in addition to introduced a unique post reservation capability whereby the promoters can offer 2 publish and if the declare is to hand MCA shall detachment such proclaim which shall be reachable for registration for the adjacent 20 days. Clients can along with avail this facility by paying supplementary cost for publish 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 in imitation of MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best prosecution the business objection of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything 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 all other applicable rules and laws MCA shall issue certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian deed provides for basically three types of companies, depending upon the number of members and proposed argument you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a certainly 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 era of immersion a Nominee who in the matter of death or incapacity of the zealot shall became the aficionada of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be lonely one shareholder.
Restriction on One Person Company:
There shall be isolated one advocate 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 truth financial year shall not at any narrowing exceed Rs. 2 crore.
In the thing 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 statement or utility relation in the read out of zealot 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 end with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited thing format whereby a minimum of 2 members can incorporate the company by fulfilling clear formalities. Private limited company does not have any restriction with veneration of number of members or turnover or share capital as there is in imitation of the one person company. So a person can complete business in hassle forgive 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 supporter can transfer his/her allowance only after taking consent of whatever the extra shareholders.
- A private company cannot offer 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 report 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 explanation and Gas Passbook
- Company Name and Object.
The Name of the company ends in the space of 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 business needs.
This is the most enormous and versatile form of business registration whereby public in general can moreover invest their keep and accept part in active addition 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 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 announcement or utility description in the proclaim 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 balance and Gas Passbook
- Company Name and Object.
The Name of the company ends gone 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,