Company Formation

Formation of a company is the unconditionally first step towards a starting up a business. Company Registration is one of the most dominant services on which our perfect is keen in Sri Krishna Puri. People present competitive pricing for forming a company at the cost of critical timing of the clients. Since the process of company formation is totally online we at Meerad provide our client following fastest Registration facilities in a cost efficient and timely manner.

A portion from Company registration we also find the child maintenance for gamut of services which is one of the major advantage any fortune-hunter shall have if they employ us for the registration process. We have a pinnacle to summit timeline of 7 in force days for completing any type of Company registration in Sri Krishna Puri provided the documents as provided by the client is suitable and the information truth by him is unlimited in whatever respect.

Company by definition is a separate true entity sure 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 solitary a single fanatic can incorporate a company subject to certain terms and conditions.

Before going for registration it is necessary to decide which type of company shall be best suited for the purpose. The main object of this article is to put in the works to you choose the best business format.

WHY COMPANY?

In order to present your idea a platform to present yourself in the functioning business environment.
Because it has centralized registration and abandoned one certify will serve all over the country for the point of entering into covenant or agreements, and local office can also be opened in the say of company by just taking a simple local registration (Form-3,MSME etc.).
Because it has global appreciation and shall bring the matter at par subsequently 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 enormously next step is choosing the type of event registration. Various factors which are required to be kept in mind even though choosing a matter format are:

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

STEP 2: GIVING A NAME TO THE BUSINESS

The most hard part of company registration is finding a unique broadcast of the company. A company state generally consists of 3 parts, First Part is the Part we choose and it must be unique in anything respect, Second Part defines the business protest proposed to be undertaken or Place of perform of the company, like construction, education, services etc, Last part determines the type of company like (OPC) Pvt. Ltd or Pvt. Ltd. Or Ltd.

Choosing the first part is the most mysterious process. The proclaim must be identical in everything respect and must feat mere likeness 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 afterward introduced a unique say reservation faculty whereby the promoters can have the funds for 2 post and if the say is nearby MCA shall superiority such read out which shall be manageable for registration for the next 20 days. Clients can moreover avail this talent by paying further 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 taking into account MCA for incorporating a company.

STEP 5: DRAFTING OF DOCUMENTS

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

STEP 6: FILING OF FORMS WITH MCA

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

WHICH COMPANY YOU SHOULD REGISTER?

Indian perform provides for basically three types of companies, depending upon the number of members and proposed bother 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 below the definition of a Private limited Company.

Person incorporating the company must inform at the times of amalgamation a Nominee who in the thing of death or incapacity of the aficionado shall became the fanatic of the company.

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

Restriction on One Person Company:

There shall be only one devotee 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 total financial year shall not at any reduction exceed Rs. 2 crore.

In the thing of non submission 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 verification or utility credit in the make known of fanatic 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 concern format whereby a minimum of 2 members can incorporate the company by fulfilling determined formalities. Private limited company does not have any restriction with adulation of number of members or turnover or ration capital as there is later the one person company. So a person can realize business in hassle pardon manner without distressing about any impending non compliance. A private limited company shall have atleast 2 directors at any dwindling of time.

Restrictions upon Private Limited Company:

Shares of a private limited are not freely transferable, a supporter can transfer his/her part only after taking attain of anything the supplementary 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 statement or utility credit in the reveal 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 in the same way as 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 matter registration whereby public in general can as a consequence invest their child support and take part in active accumulation 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 period in comparison to further 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 announcement or utility tab in the pronounce 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 subsequent to 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,