Nidhi Company Registration
Nidhi companies are just like Public Limited Companies but having the word Nidhi before Limited.Nidhi companies are allowed to borrow from its members and lend to its members. Therefore, the funds contributed for a Nidhi company is only from its members (shareholders).They are created primarily for the motive of cultivating the habit of thrift and savings among their members.
Fast, Easy & Hassle Free a Nidhi Company
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Step by step assistance.
For Hindu Undivided Family
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MAIN BUSINESS OF NIDHI COMPANY
- Nidhi Companies are registered Limited Companies involved in taking deposits and lending to its member. Nidhi Companies ONLY deal with shareholder-members money, RBI has exempted Nidhi Companies from the core provisions of the RBI and other regulations applicable to a NBFC.
FEATURES OR NIDHI COMPANY
- Borrow from and lend only to members
- Incorporate as Public Limited Company
- Not Required to register with RBI
- Minimum 7 Members, 3 Directors
- Rs. 5 Lakh Capital
RESTRICTIONS ON NIDHI COMPANY
- Shall not able to carry business of Chit Fund, Hire Purchase, leasing finance, insurance or acquisition of securities issued by anybody corporate;
- Shall not issue preference shares, debentures or any other debt instrument
- Shall not acquire another company by purchase of securities or control the composition of the Board of Directors.
- Shall not carry on any business other than the business of borrowing or lending in its own name Shall not accept deposits from or lend to any person, other than its members
- Shall not pledge any of the assets lodged by its members as security;
- Shall not take deposits from or lend money to anybody corporate;
- Shall not enter into any partnership arrangement in its borrowing or lending activities;
- Shall not issue or cause to be issued any advertisement in any form for soliciting deposit:
- Shall not pay any brokerage or incentive for mobilising deposits from members or for deployment of funds or for granting loans.
- Shall not able to provide any current account services
REQUIREMENTS FOR NIDHI COMPANY
Compliances to be made after One Year of Incorporation
Unencumbered term deposits of not less than 10 percent
Net Owned fund of Rs.10 Lakhs or MoreMinimum 200 Members
Net Owned fund to deposits ratio not more than 1: 20
HOW DO WE WORK?
Our goal is simplicity and speed
1. Pick your Company Name
2. Pay the Registration Fees
3. Upload Documents
Why choose Rajput Jain & Associates for registering your Nidhi Company?
Whether you're just incorporating a Nidhi Company or learning your options, Rajput Jain & Associates is ready to help you set up your Nidhi Company and stay compliant over time.
Experts @ Job
Rajput Jain & Associates uses best Chartered Accountants & Company Secretaries having immense experience over the subject. They will guide you through business cycle to ensure that you are investor ready & your personal assets are safeguarded for corporate liabilities.Read More
We believe in being upfront about the cost so there are no surprises at the end. There are no hidden so-ever. What you see while ordering is what you pay till the order is completeRead More
We support your process & satisfied customers
Our comprehensive online tools and resources will help you understand your options. Rajput Jain & Associates is the fastest growing company in this space. We have already had many fully satisfied customers worldwide.Read More
Simple & Easy process
We have simplified the complete process to accommodate wide range of requirements and register a Nidhi company in quickest possible time.Read More
End to End solution
We do not just help you start your dreams, but also support you in all future needs related to finance, compliances and other legal requirements making us your ideal partner.Read More
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Start Your Enterpreneurial Journey Now!
WHAT WE PROVIDE?
|DIN of Directors||DSC of Directors||Name Approval||MOA & AOA|
Director Identication Number
We provide DSC e-Tokens with 2 Year validity for all the directory’s
We provide the assistance in getting your desired name approved from ROC
By knowing your objective our experts draft your MOA and AOA so that it could include all the possible objects.
|Certificate of Incorporation||Registered Office||10 copies MOA and AOA||PAN Card|
We provide the assistance in getting you the certificate of Incorporation by filling INC 7.
We filed Registered office address form with ROC on your behalf
10 hard copies of MOA and AOA couriered after incorporation
Filed Pan Card application on company behalf and send the acknowledgements to authorized personnel’s.