Nidhi Company
A nidhi company can be registered under the Companies Act, 2013 and belongs to Non-Banking Indian finance sector. The core business of a nidhi company is borrowing and lending money between their members. They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company.
Nidhi Company registration is simple and less complex compared to its counterparts like NBFC which require RBI license to start. A Nidhi Company can be started with a initial capital of Rs.5 lakh and require atleast seven people to start with. Nidhi Company registration also require three directors initially. Every promoter or director shall need a copy of PAN card, ID proof and address proof to apply for Nidhi Company in India. It takes around 15 to 20 days to get Nidhi Company registered in India.
Nidhi Company Incorporation Process
Nidhi Company Incorporation
Itaxbuddy.com can incorporate a Nidhi Company in 30 to 60 days, subject to ROC processing time.
Obtaining DSC & DIN
Digital Signature Certificate(DSC) and Director Identification Number(DIN) is requried for the proposed Directors of the Nidhi Company. DIN and DSC can be obtained for the proposed Directors within 5 to 7 days.
Name Approval
A minimum of one and a maximum of six proposed names must be submitted to the MCA. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 5 to 7 working days. After that MOA & AOA will be prepared for incorporation
Company Incorporation
Incorporation documents can be submitted to the MCA along with an application for incorporation. MCA will usually approve the application for incorpration in 5 to 7 days, subject to their processing time. Obtaining certificate, PAN, TAN, Etc
Basic
Our Basic Package includes only the bare essentials needed to start your Nidhi Company including government fees. Talk to our Business Advisors today to know more and start your business.
Rs. 34899
Standard
Our Standard Package includes everything that is needed to operate a Nidhi Company with peace of mind. Talk to our Business Advisors today to know more and start your business.
Rs. 49899
Premium
Our Premium Package includes everything that is needed to operate your Nidhi Company along with Trademark Registration. Talk to our Business Advisors today to know more and start your business.