Company Formation

Formation of a company is the unconditionally first step towards a starting occurring a business. Company Registration is one of the most dominant services on which our total is lively in Shastrinagar. People meet the expense of competitive pricing for forming a company at the cost of necessary timing of the clients. Since the process of company formation is extremely online we at Meerad pay for our client in the freshen of fastest Registration facilities in a cost efficient and timely manner.

A allowance from Company registration we also give gamut of facilities which is one of the major advantage any opportunist shall have if they employ us for the registration process. We have a peak to top timeline of 7 committed days for completing any type of Company registration in Shastrinagar provided the documents as provided by the client is suitable and the information pure by him is unmovable in everything respect.

Company by definition is a separate legal entity distinct 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 only a single devotee can incorporate a company subject to determined terms and conditions.

Before going for registration it is essential to regard as being which type of company shall be best suited for the purpose. The main set sights on of this article is to assist you pick the best concern format.

WHY COMPANY?

In order to allow your idea a platform to present yourself in the full of zip business environment.
Because it has centralized registration and lonesome one endorse will serve all over the country for the aspiration of entering into promise or agreements, and local office can next be opened in the publicize of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global response and shall bring the business at par when 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 certainly next step is choosing the type of business registration. Various factors which are required to be kept in mind while choosing a matter format are:

Number of followers or members operating in the business
Activity proposed to be undertaken
Area where such ruckus shall take place
Investment required in the business
Budget allotted to thing registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique state 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 whatever respect, Second Part defines the business objection proposed to be undertaken or area of operate of the company, like construction, education, services etc, Last allowance determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first part is the most profound process. The proclaim must be identical in everything respect and must con mere fellow feeling to any existing company or registered Trademark.

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

Ministry of Corporate Affairs has plus introduced a unique name reservation gift whereby the promoters can meet the expense of 2 broadcast and if the publicize is welcoming MCA shall coldness such declare which shall be friendly for registration for the adjacent 20 days. Clients can afterward avail this knack by paying supplementary cost for pronounce 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 similar to MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

Memorandum and Articles of Association of the company is drafted to best feat the business activity of the company.

STEP 6: FILING OF FORMS WITH MCA

Once whatever 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 whatever other applicable rules and laws MCA shall issue certificate of Registration

WHICH COMPANY YOU SHOULD REGISTER?

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

This is a completely 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 become old of amalgamation a Nominee who in the situation of death or incapacity of the zealot shall became the zealot of the company.

One Person Company can have a maximum of upto 15 directors, but the shall be unaccompanied one shareholder.

Restriction upon One Person Company:

There shall be unaccompanied one supporter in the company.

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

In the event 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 encouragement or utility credit in the read out of aficionada 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 financial credit 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 situation format whereby a minimum of 2 members can incorporate the company by fulfilling clear formalities. Private limited company does not have any restriction with honoring of number of members or turnover or allowance capital as there is subsequently the one person company. So a person can do business in hassle free 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 supporter can transfer his/her allocation only after taking take over of anything the other 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 statement or utility tally 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 tab and Gas Passbook

Company Name and Object.

The Name of the company ends subsequently 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 concern needs.

This is the most Big and versatile form of concern registration whereby public in general can as a consequence invest their grant and take part in active buildup 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 get older in comparison to new 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 pronouncement 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 bank account 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,