Nidhi companies can be registered for cultivating the habit of thrift. Nidhi Company Registration is a procedure through the incorporation of a type of NBFC called Nidhi. Know all about Nidhi Registration, documents required for Nidhi Company Registration. Register Nidhi company online with filing.co.in.
Are you preparing to get ready to commence a finance business without too much capital investing? If your answer is yes, then Nidhi company is the best choice. Nidhi Company is one kind of Non-Banking Financial Company (NBFC) which is an excellent choice of company for individuals looking to save money and lead a careful business and life. So, it is always better to undergo Nidhi limited Registration online.
Nidhi Company is an NBFC or a Non-banking financing company and was regulated by the Ministry of Corporate Affairs and registered under Section 406 of Companies Act, 2013 and the RBI monitors all its financial dealings. The primary business of nidhi company incorporation is to help the core members of the company by lending money. The members or shareholders of the company are recommended to save and invest the money within the company. These invested deposits are then utilized by the members or shareholders of the company, to grant advances or loans, and to get or take government-issued stocks, debentures, bonds, securities and so on.
Nidhi Company Registration Fees:
This fee depends on the authorized capital of the Company. Greater the Authorized Capital greater is the fee for Nidhi Company registration.
Documents required for Nidhi Company Registration in India
Following are the documents needed for nidhi company registration process:
From Directors and Shareholders:
- Photographs of the Directors and Members of the company
- PAN Card of the Members
- Digital Signature Certificate of the directors
- ID proof of members, such as Aadhar Card or Voter ID etc.
- Address Proof of the Directors
- Director Identification Number or DIN of the Directors.
For Registered Office:
- Rent Agreement or the Sale Deed or the Lease Deed of the Registered Office or,
- Address Proof of the Registered Office;
- NOC (No-Objection Certificate) signed by the owner of the Property.
Documents needed to be drafted by CA or CS:
AOA (Article of Association) of the Company
MOA (Memorandum of Association) of the Company
MCA (Ministry of Corporate Affairs) form attestation.
Procedure for Nidhi Company Registration in India
The nidhi registration process is easy and simple, but it is always better to get advice and assistance from the professional to complete some complex forms, to fill them within the time. Following are the stepwise procedure for incorporation of nidhi company
- Step 1: Applying for DSC and DIN for directors of the company
- Step 2: Choosing the unique name and Getting the Name Approval
- Step 3: Drafting and filing the MoA & AoA to the Registrar of Companies ( ROC) with the subscription statement. These must contain the main objective of integrating or forming a Nidhi company as a charity.
- Step 4: Getting the certificate of Incorporation (CIN) which takes around 15-25 days. This CIN certificate declares that a Nidhi company has been created and it holds the identification number of the company.
- Step 5: Appling PAN, TAN for the company and it usually takes 7 working days to receive.
- Step 6: Opening a bank account by submitting the MoA, AoA, Certificate of Incorporation, and PAN of the company to the bank.
Contact our experts for further information and registration of nidhi company at https://filing.co.in/