Company Formation
Formation of a company is the entirely first step towards a starting happening a business. Company Registration is one of the most dominant services upon which our unmodified is energetic in Shahpur. People have enough money competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is enormously online we at Meerad allow our client taking into account fastest Registration services in a cost efficient and timely manner.
A portion from Company registration we also present gamut of facilities which is one of the major advantage any traveler shall have if they employ us for the registration process. We have a top to culmination timeline of 7 in action days for completing any type of Company registration in Shahpur provided the documents as provided by the client is up to standard and the information unmodified by him is answer in anything respect.
Company by definition is a separate authenticated 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 unaided a single zealot can incorporate a company subject to determined terms and conditions.
Before going for registration it is indispensable to announce which type of company shall be best suited for the purpose. The main strive for of this article is to put occurring to you pick the best concern format.
WHY COMPANY?
- In order to provide your idea a platform to present yourself in the operational business environment.
- Because it has centralized registration and lonesome one authorize will serve all over the country for the purpose of entering into harmony or agreements, and local office can plus be opened in the state of company by just taking a easy local registration (Form-3,MSME etc.).
- Because it has global wave and shall bring the concern at par taking into consideration 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 unquestionably next step is choosing the type of situation registration. Various factors which are required to be kept in mind though choosing a concern format are:
- Number of cronies or members operational in the business
- Activity proposed to be undertaken
- Area where such objection 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 publicize of the company. A company publish generally consists of 3 parts, First Part is the Part we pick and it must be unique in anything respect, Second Part defines the business ruckus proposed to be undertaken or area of accomplish 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 profound process. The reveal must be identical in whatever respect and must appear in mere empathy to any existing company or registered Trademark.
Search gift is available upon MCA portal whereby the clients can check the availability of name on both mca as without difficulty as register of Trademark.
Ministry of Corporate Affairs has as a consequence introduced a unique publicize reservation facility whereby the promoters can have enough money 2 herald and if the declare is handy MCA shall detachment such state which shall be understandable for registration for the next-door 20 days. Clients can afterward avail this gift by paying extra cost for reveal 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 bearing in mind MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best court case the business excitement of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything the forms are filled and signed it is next 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 sanction of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian do something provides for basically three types of companies, depending on the number of members and proposed commotion you can choose you type and prepare your documents accordingly.
1. One Person Company
This is a enormously 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 notify at the get older of concentration a Nominee who in the event of death or incapacity of the aficionado shall became the believer of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be isolated one shareholder.
Restriction upon One Person Company:
There shall be single-handedly one aficionada 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 unlimited financial year shall not at any reduction exceed Rs. 2 crore.
In the business 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 declaration or utility checking account in the post of supporter 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 explanation and Gas Passbook
- Company Name and Object.
NOTE:
- Name of the One Person company shall halt 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 sure formalities. Private limited company does not have any restriction with devotion of number of members or turnover or allowance capital as there is subsequent to the one person company. So a person can accomplish business in hassle free manner without excruciating about any impending non compliance. A private limited company shall have atleast 2 directors at any reduction of time.
Restrictions on Private Limited Company:
- Shares of a private limited are not freely transferable, a member can transfer his/her allocation only after taking grant of everything the other shareholders.
- A private company cannot meet the expense of 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 version in the state 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 similar to 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 gigantic and versatile form of thing registration whereby public in general can afterward invest their maintenance 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 era in comparison to other 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 statement or utility relation 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 credit and Gas Passbook
- Company Name and Object.
The Name of the company ends afterward 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,