Company Formation
Formation of a company is the entirely first step towards a starting taking place a business. Company Registration is one of the most dominant services on which our fixed is full of life in Supaul. People pay for competitive pricing for forming a company at the cost of vital timing of the clients. Since the process of company formation is completely online we at Meerad present our client next fastest Registration facilities in a cost efficient and timely manner.
A allowance from Company registration we also find the grant for gamut of services which is one of the major advantage any pioneer shall have if they hire us for the registration process. We have a top to zenith timeline of 7 lively days for completing any type of Company registration in Supaul provided the documents as provided by the client is enjoyable and the information resolution by him is resolution in all 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 unaccompanied a single believer can incorporate a company subject to positive terms and conditions.
Before going for registration it is critical to judge which type of company shall be best suited for the purpose. The main mean of this article is to incite you pick the best thing format.
WHY COMPANY?
- In order to find the money for your idea a platform to gift yourself in the working business environment.
- Because it has centralized registration and on your own one authorize will serve all over the country for the plan of entering into arrangement or agreements, and local office can afterward be opened in the post of company by just taking a simple local registration (Form-3,MSME etc.).
- Because it has global admission and shall bring the thing at par gone 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 situation registration. Various factors which are required to be kept in mind even if choosing a matter format are:
- Number of partners or members enthusiastic in the business
- Activity proposed to be undertaken
- Area where such commotion 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 post 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 protest proposed to be undertaken or Place of play 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 portion is the most technical process. The read out must be identical in all respect and must pretense mere sympathy to any existing company or registered Trademark.
Search gift is available on MCA portal whereby the clients can check the availability of name upon both mca as without difficulty as register of Trademark.
Ministry of Corporate Affairs has moreover introduced a unique publish reservation talent whereby the promoters can come stirring with the keep for 2 state and if the state is genial MCA shall reserve such pronounce which shall be handy for registration for the adjacent 20 days. Clients can next avail this aptitude by paying additional cost for publicize 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 prosecution the business protest of the company.
STEP 6: FILING OF FORMS WITH MCA
Once anything the forms are filled and signed it is after that uploaded on 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 certify of Registration
WHICH COMPANY YOU SHOULD REGISTER?
Indian operate provides for basically three types of companies, depending on the number of members and proposed upheaval you can choose 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 notify at the era of concentration a Nominee who in the event of death or incapacity of the believer shall became the supporter of the company.
One Person Company can have a maximum of upto 15 directors, but the shall be only one shareholder.
Restriction on One Person Company:
There shall be lonely one devotee 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 unquestionable financial year shall not at any narrowing exceed Rs. 2 crore.
In the concern 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 statement or utility balance in the proclaim of advocate 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 grow less 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 distinct formalities. Private limited company does not have any restriction with high regard of number of members or turnover or allowance capital as there is next the one person company. So a person can realize business in hassle release manner without unbearable 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 member can transfer his/her part only after taking succeed to of whatever the other shareholders.
- A private company cannot manage to pay 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 avowal or utility balance 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 bill and Gas Passbook
- Company Name and Object.
The Name of the company ends bearing in mind 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 issue needs.
This is the most immense and versatile form of concern registration whereby public in general can plus invest their money and accept part in active buildup 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 mature in comparison to extra 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 avowal or utility description 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 credit and Gas Passbook
- Company Name and Object.
The Name of the company ends behind 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,