Company Formation
Formation of a company is the very first step towards a starting up a business. Company Registration is one of the most dominant services on which our complete is operational in Seraikela Kharsawan. People manage to pay for competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is no question online we at Meerad have enough money our client with fastest Registration facilities in a cost efficient and timely manner.
A part from Company registration we also come up with the child maintenance for gamut of services which is one of the major advantage any investor shall have if they hire us for the registration process. We have a culmination to height timeline of 7 operating days for completing any type of Company registration in Seraikela Kharsawan provided the documents as provided by the client is adequate and the information resolved by him is unmodified in whatever respect.
Company by definition is a separate legitimate entity clear 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 solitary a single fanatic can incorporate a company subject to distinct terms and conditions.
Before going for registration it is critical to announce which type of company shall be best suited for the purpose. The main intend of this article is to back you pick the best matter format.
WHY COMPANY?
- In order to have enough money your idea a platform to present yourself in the committed business environment.
- Because it has centralized registration and unaccompanied one authorize will serve everything over the country for the direct of entering into promise or agreements, and local office can along with be opened in the say of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global response and shall bring the thing at par once 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 thing registration. Various factors which are required to be kept in mind while choosing a thing format are:
- Number of followers or members full of zip in the business
- Activity proposed to be undertaken
- Area where such activity shall accept 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 publish of the company. A company publicize generally consists of 3 parts, First Part is the Part we pick and it must be unique in whatever respect, Second Part defines the business ruckus proposed to be undertaken or area of produce a result 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 complex process. The make known must be identical in whatever respect and must decree mere empathy to any existing company or registered Trademark.
Search capacity 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 furthermore introduced a unique broadcast reservation power whereby the promoters can present 2 name and if the herald is friendly MCA shall remoteness such reveal which shall be clear for registration for the bordering 20 days. Clients can plus avail this faculty by paying extra cost for proclaim 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 following MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best encounter the business to-do of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything the forms are filled and signed it is later uploaded upon the mca portal and based on the documents attached and subject to the availability of names and anything other applicable rules and laws MCA shall issue recognize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian put-on provides for basically three types of companies, depending on the number of members and proposed upheaval 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 immersion a Nominee who in the thing of death or incapacity of the devotee shall became the aficionada 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 on One Person Company:
There shall be by yourself one fanatic in the company.
- The Authorised ration capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a fixed idea financial year shall not at any reduction exceed Rs. 2 crore.
In the situation 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 pronouncement or utility bank account in the proclaim of advocate 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 decrease 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 determined formalities. Private limited company does not have any restriction with high regard of number of members or turnover or allocation capital as there is once the one person company. So a person can realize business in hassle clear manner without distressing 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 supporter can transfer his/her share only after taking attain of all the further shareholders.
- A private company cannot manage to 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 pronouncement or utility version in the pronounce 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 bearing in mind 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 event needs.
This is the most gigantic and versatile form of matter registration whereby public in general can along with invest their child support and accept part in active accumulation 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 new forms of concern 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 pronouncement or utility report 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 tally and Gas Passbook
- Company Name and Object.
The Name of the company ends next 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,