Company Formation

Formation of a company is the completely first step towards a starting stirring a business. Company Registration is one of the most dominant services upon which our unmovable is committed in Sheikhpura. People give competitive pricing for forming a company at the cost of indispensable timing of the clients. Since the process of company formation is totally online we at Meerad allow our client next fastest Registration facilities in a cost efficient and timely manner.

A allowance from Company registration we also allow gamut of services which is one of the major advantage any trailblazer shall have if they hire us for the registration process. We have a culmination to summit timeline of 7 on the go days for completing any type of Company registration in Sheikhpura provided the documents as provided by the client is tolerable and the information complete by him is complete in whatever respect.

Company by definition is a separate true 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 lonesome a single advocate can incorporate a company subject to positive terms and conditions.

Before going for registration it is essential to consider which type of company shall be best suited for the purpose. The main ambition of this article is to urge on you choose the best concern format.

WHY COMPANY?

In order to find the keep for your idea a platform to gift yourself in the keen business environment.
Because it has centralized registration and unaccompanied one authorize will serve everything over the country for the point toward of entering into pact or agreements, and local office can next be opened in the herald of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global recognition and shall bring the thing 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 area is ascertained, the unconditionally next step is choosing the type of matter registration. Various factors which are required to be kept in mind though choosing a issue format are:

Number of cronies or members energetic in the business
Activity proposed to be undertaken
Area where such objection shall accept place
Investment required in the business
Budget allotted to event registration

STEP 2: GIVING A NAME TO THE BUSINESS

The most difficult part of company registration is finding a unique broadcast of the company. A company publicize 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 activity proposed to be undertaken or Place of performance of the company, like construction, education, services etc, Last portion determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first allocation is the most obscure process. The make known must be identical in whatever respect and must bill mere fellow feeling to any existing company or registered Trademark.

Search talent is available on 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 moreover introduced a unique reveal reservation capability whereby the promoters can have enough money 2 pronounce and if the post is user-friendly MCA shall reserve such broadcast which shall be reachable for registration for the adjacent 20 days. Clients can also avail this knack by paying extra 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 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 encounter the business activity of the company.

STEP 6: FILING OF FORMS WITH MCA

Once anything the forms are filled and signed it is next uploaded upon the mca portal and based on the documents attached and subject to the availability of names and everything other applicable rules and laws MCA shall issue certificate of Registration

WHICH COMPANY YOU SHOULD REGISTER?

Indian affect provides for basically three types of companies, depending on the number of members and proposed argument you can pick 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 become old of immersion a Nominee who in the concern of death or incapacity of the supporter shall became the believer of the company.

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

Restriction on One Person Company:

There shall be abandoned one advocate 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 unadulterated financial year shall not at any narrowing exceed Rs. 2 crore.

In the business 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 pronouncement or utility checking account in the broadcast of believer 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 balance and Gas Passbook

Company Name and Object.

NOTE:

Name of the One Person company shall fade away 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 determined formalities. Private limited company does not have any restriction with veneration of number of members or turnover or part capital as there is with the one person company. So a person can get business in hassle forgive manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a zealot can transfer his/her ration only after taking comply of all the additional 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 announcement or utility balance in the herald 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 afterward 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 vast and versatile form of issue registration whereby public in general can moreover invest their money and accept part in active enlargement 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 event 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 encouragement or utility report 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 considering 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,