Company Registration Process – Company Registration Online
Partnership Company Registration Process Related Questions
A Nidhi company is registered as a Public Limited Company. Hence, the requirements for incorporation of a Nidhi company covered a minimum of three Directors and Seven Shareholders. However, the MOA of a Nidhi company must state that the primary objective of the proposed company is to nurture and promote a habit of thriftiness and savings among its members, and accept deposits from or lend loans only to its members, for the mutual benefits of them.
The Company uses the funds in lending to the Shareholder/members only as per the Nidhi company rules. Nidhi Company lending is in the shape of small loans for business and microfinance.
Only shareholders/Members of the Nidhi Company who have a membership ID, can invest in the scheme. To be a member, you must be 18-years and above as per age proof and must be a citizen of India.
A Nidhi Company can open 3 branches in its district only if it has earned profits after tax consistently during the preceding three financial years. For any additional branch, Nidhi will be first apply for approval from the Regional Director.
| Basic | Standard | Premium | |
|---|---|---|---|
| Rs. 14,999/- | Rs. 19,999/- | Rs. 49,999/- | |
| all inclusive fees Nidhi company registration including 8 DSC, 3 DIN, 1 RUN Name Approval, PAN, TAN. Inclusive of government fees and taxes. |
all inclusive fees Nidhi company standard package includes Basic package + Membership application form,Account opening form, Loan application form,Share Certificates, Share Allotment letter,Share application form,Offer letter, |
all inclusive fees with trademark Nidhi company standard package includes Basic package + Membership application form, Account opening form, |
A Nidhi company enjoys better credibility when compared to Mutual Benefit Organizations. Nidhi organizations are enrolled and observed by the Central Government. mutual Benefits Organization are then again represented and observed by State Governments.
A Nidhi company is a legal entity and a juristic person established under the Act. Along these lines, a Nidhi organization has wide legitimate limit and can claim property and furthermore acquire obligations. The individuals (Directors) of a Nidhi organization have no risk to the banks of a Nidhi organization.
The Board of Management of a Nidhi organization can be effortlessly changed by documenting simple form with the Registrar of Companies. The Board of Management of a Nidhi organization controls the exercises of the Nidhi organization.
A Nidhi company being a juristic person, can acquire, own, enjoy and alienate, property in its own name. No member can make any claim upon the property of the Nidhi company as long as it is a going concern.
Company formation done within 10 Days....... Great job done with positive professional attitude.Prompt advices given by the Tax professionals..
Good work done. Company formed in Bihar within 5 days. All compliance support given for ROC andTaxation.
Company formation done within a week....... Great job done with positive professional attitude.Prompt advices given by the Tax professionals.
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