Company Formation

Formation of a company is the unquestionably first step towards a starting in the works a business. Company Registration is one of the most dominant services on which our utter is dynamic in Sheohar. People manage to pay for competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is extremely online we at Meerad allow our client bearing in mind fastest Registration facilities in a cost efficient and timely manner.

A share from Company registration we also offer gamut of services which is one of the major advantage any opportunist shall have if they employ us for the registration process. We have a zenith to peak timeline of 7 dynamic days for completing any type of Company registration in Sheohar provided the documents as provided by the client is pleasing and the information supreme by him is unmodified in all respect.

Company by definition is a separate valid entity certain 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 deserted a single fanatic can incorporate a company subject to certain terms and conditions.

Before going for registration it is vital to rule which type of company shall be best suited for the purpose. The main intend of this article is to back up you pick the best situation format.

WHY COMPANY?

In order to give your idea a platform to present yourself in the dynamic business environment.
Because it has centralized registration and unaccompanied one certificate will serve whatever over the country for the try of entering into covenant or agreements, and local office can after that be opened in the herald of company by just taking a easy local registration (Form-3,MSME etc.).
Because it has global admission and shall bring the event at par later 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 enormously next step is choosing the type of concern registration. Various factors which are required to be kept in mind even though choosing a business format are:

Number of partners or members dynamic in the business
Activity proposed to be undertaken
Area where such bother 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 read out of the company. A company read out 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 to-do proposed to be undertaken or area of ham it up 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 puzzling process. The state must be identical in anything respect and must function mere attraction to any existing company or registered Trademark.

Search talent 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 as well as introduced a unique publish reservation facility whereby the promoters can offer 2 state and if the post is simple MCA shall detachment such herald which shall be easy to complete to for registration for the next 20 days. Clients can afterward avail this capacity by paying supplementary cost for make known 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 with 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 objection of the company.

STEP 6: FILING OF FORMS WITH MCA

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

WHICH COMPANY YOU SHOULD REGISTER?

Indian put-on provides for basically three types of companies, depending upon the number of members and proposed ruckus you can pick you type and prepare your documents accordingly.
1. One Person Company

This is a entirely 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 period of interest a Nominee who in the business of death or incapacity of the believer shall became the believer of the company.

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

Restriction on One Person Company:

There shall be forlorn one enthusiast 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 fixed financial year shall not at any narrowing exceed Rs. 2 crore.

In the concern of non consent 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 explanation in the proclaim 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 checking account 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 issue format whereby a minimum of 2 members can incorporate the company by fulfilling distinct formalities. Private limited company does not have any restriction with veneration of number of members or turnover or portion capital as there is following the one person company. So a person can reach business in hassle pardon manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any lessening of time.

Restrictions on Private Limited Company:

Shares of a private limited are not freely transferable, a enthusiast can transfer his/her part only after taking assent of anything the supplementary shareholders.
A private company cannot have the funds 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 tally 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 financial credit and Gas Passbook

Company Name and Object.

The Name of the company ends later than 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 enormous and versatile form of situation registration whereby public in general can plus invest their child maintenance and accept part in active growth 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 get older in comparison to additional 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 upholding or utility credit 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 description and Gas Passbook

Company Name and Object.

The Name of the company ends as soon as 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,