Company Formation
Formation of a company is the categorically first step towards a starting in the works a business. Company Registration is one of the most dominant services upon which our firm is in action in Siwan. People offer competitive pricing for forming a company at the cost of valuable timing of the clients. Since the process of company formation is totally online we at Meerad find the child support for our client next fastest Registration facilities in a cost efficient and timely manner.
A portion from Company registration we also present gamut of services which is one of the major advantage any traveler shall have if they hire us for the registration process. We have a zenith to peak timeline of 7 operating days for completing any type of Company registration in Siwan provided the documents as provided by the client is suitable and the information resolution by him is solution in anything respect.
Company by definition is a separate authenticated entity determined 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 lonely a single zealot can incorporate a company subject to certain terms and conditions.
Before going for registration it is indispensable to judge which type of company shall be best suited for the purpose. The main intention of this article is to urge on you pick the best situation format.
WHY COMPANY?
- In order to provide your idea a platform to gift yourself in the functioning business environment.
- Because it has centralized registration and lonely one certify will serve whatever over the country for the take aim of entering into union or agreements, and local office can as a consequence be opened in the publish of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global greeting and shall bring the event at par subsequent to 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 definitely next step is choosing the type of issue registration. Various factors which are required to be kept in mind even though choosing a situation format are:
- Number of buddies or members on the go in the business
- Activity proposed to be undertaken
- Area where such excitement shall accept place
- Investment required in the business
- Budget allotted to concern registration
STEP 2: GIVING A NAME TO THE BUSINESS
The most difficult part of company registration is finding a unique publicize of the company. A company pronounce generally consists of 3 parts, First Part is the Part we choose and it must be unique in everything respect, Second Part defines the business bustle proposed to be undertaken or area of pretense 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 allocation is the most technical process. The publicize must be identical in everything respect and must put it on mere empathy to any existing company or registered Trademark.
Search knack is available upon MCA portal whereby the clients can check the availability of name upon both mca as with ease as register of Trademark.
Ministry of Corporate Affairs has in addition to introduced a unique name reservation knack whereby the promoters can give 2 broadcast and if the make known is friendly MCA shall remoteness such post which shall be friendly for registration for the next 20 days. Clients can after that avail this capability by paying additional cost for say 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 in imitation of MCA for incorporating a company.
STEP 5: DRAFTING OF DOCUMENTS
Memorandum and Articles of Association of the company is drafted to best warfare the business ruckus of the company.
STEP 6: FILING OF FORMS WITH MCA
Once everything 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 authorize of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian sham provides for basically three types of companies, depending upon the number of members and proposed excitement 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 below the definition of a Private limited Company.
Person incorporating the company must inform at the times of combination a Nominee who in the business of death or incapacity of the enthusiast 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 fanatic in the company.
- The Authorised ration capital of the company shall be less than or equal to Rs. 50 lakh
- Annual turnover of the company in a unmovable financial year shall not at any point 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 declaration or utility story in the declare of devotee 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 halt with ……..(OPC) Private Limited.
- Utility Bills shall not be older than 2 months.
2. Private Company
Best suited event format whereby a minimum of 2 members can incorporate the company by fulfilling Definite formalities. Private limited company does not have any restriction with respect of number of members or turnover or share capital as there is with the one person company. So a person can complete business in hassle release manner without excruciating 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 devotee can transfer his/her allowance only after taking come to 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 confirmation 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 story 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 concern needs.
This is the most Big and versatile form of thing registration whereby public in general can after that invest their grant and accept part in active increase 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 further 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 verification or utility bank account in the name 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 savings account and Gas Passbook
- Company Name and Object.
The Name of the company ends gone 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,