Company Formation
Formation of a company is the utterly first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our pure is working in Shahjahanpur. People offer competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is enormously online we at Meerad have the funds for our client later fastest Registration facilities in a cost efficient and timely manner.
A allocation from Company registration we also offer gamut of facilities which is one of the major advantage any pioneer shall have if they hire us for the registration process. We have a summit to peak timeline of 7 full of life days for completing any type of Company registration in Shahjahanpur provided the documents as provided by the client is pleasing and the information final by him is conclusive 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 without help a single devotee can incorporate a company subject to sure terms and conditions.
Before going for registration it is vital to judge which type of company shall be best suited for the purpose. The main intend of this article is to assist you choose the best issue format.
WHY COMPANY?
- In order to give your idea a platform to present yourself in the full of life business environment.
- Because it has centralized registration and lonesome one certificate will serve anything over the country for the want of entering into harmony or agreements, and local office can as well as be opened in the read out of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global recognition and shall bring the thing at par like 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 entirely next step is choosing the type of situation registration. Various factors which are required to be kept in mind though choosing a event format are:
- Number of partners or members dynamic in the business
- Activity proposed to be undertaken
- Area where such protest 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 herald of the company. A company make known 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 excitement proposed to be undertaken or area of put it on of the company, like construction, education, services etc, Last allocation determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.
Choosing the first portion is the most technical process. The declare must be identical in anything respect and must function mere fellow feeling to any existing company or registered Trademark.
Search aptitude is available upon 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 then introduced a unique say reservation capability whereby the promoters can present 2 declare and if the read out is straightforward MCA shall detachment such herald which shall be simple for registration for the neighboring 20 days. Clients can along with avail this capability by paying further cost for publicize 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 later MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best case the business commotion of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything 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 all other applicable rules and laws MCA shall issue endorse of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian play a role provides for basically three types of companies, depending on the number of members and proposed to-do you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a totally 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 captivation a Nominee who in the event of death or incapacity of the enthusiast shall became the devotee 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 and no-one else one supporter 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 answer financial year shall not at any lessening exceed Rs. 2 crore.
In the issue of non submission 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 assertion or utility checking account in the say 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 tally 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 business format whereby a minimum of 2 members can incorporate the company by fulfilling certain formalities. Private limited company does not have any restriction with worship of number of members or turnover or part capital as there is when the one person company. So a person can attain business in hassle release manner without unbearable about any impending non compliance. A private limited company shall have atleast 2 directors at any point of time.
Restrictions upon Private Limited Company:
- Shares of a private limited are not freely transferable, a zealot can transfer his/her allowance only after taking allow of whatever the extra 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 verification or utility story in the post 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 as soon as 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 enormous and versatile form of issue registration whereby public in general can furthermore invest their keep and take part in active addition 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 era in comparison to new forms of business 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 verification or utility explanation in the broadcast 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 LIMITED
Contact us at
+91-85400-78000,
+91-85400-85000,
+91-85400-99000 (Calls and Whatapps both)
Email us at: info@meerad.in,