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Company Registration Process – Company Registration Online

Frequently Ask Qustion

Nidhi Company Registration Process Related Questions

what are the requirements for Nidhi Company Registration?

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.

How does the Nidhi Company use the fund/deposit procured it?

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.

Who can Invest in a Nidhi Company?

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.

How many branches can a Nidhi Company open?

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.

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Nidhi - Company - Registration

Nidhi company registration requires minimum 7 members in which minimum 3 members will be Directors. All the Nidhi company’s incorporated shall have the last word as “Nidhi Limited” as part of its name. Nidhi Company is too easy and economical to register.

Choose Nidhi Company because :

• No External Involvement in Management.
• Helpful for Lower and Middle Classes.
• Low Rates of Interest
• Minimum Documentation and Formalities.
• Secured Investments.

Nidhi Company is a class of NBFCs and RBI is sanctioned to issue directions to them in matters relating to their deposit acceptance activities. However, in recognition of the fact that these Nidhi’s deal with their shareholder-members only, RBI has exempted the notified Nidhi’s from the core provisions of the RBI Act and other directions applicable to NBFCs. Therefore, Nidhi Company is an ideal entity to take deposit from and lend to a specific group of people.

SIMPLE & TRANSPARENT PRICING

	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, Appointment letter, Experience letter, salary slip. Inclusive of government fees and taxes.	all inclusive fees with trademark 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, Appointment letter, Experience letter, salary slip. Inclusive of government fees and taxes.

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,
Appointment letter, Experience letter, salary slip. Inclusive of government fees and taxes.

all inclusive fees with trademark

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, Appointment letter, Experience letter, salary slip. Inclusive of government fees and taxes.

Reasons for Nidhi Registration

BETTER CREDIBILITY

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.

SEPARATE LEGAL ENTITY

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.

EASY MANAGEMENT

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.

PROPERTY OWNING

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 Registration | Nidhi Company

Registration

Sujata Associate ia an accounting Firm and we are expertise in Companies Act 2013 and we help in Nidhi Company Registration, Private Limited Registration , Limited Laiblity Registration , Public Limited Company Registration , Partnership Company Registration and Propriotrship Company Registration. Sujata Associates also help in Company Audit ,Maintaince of Company Accounts ,Sale Tax Return Filling and Income Tax Filling.

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