Nidhi Company

INR 12,999/-

  • Digital Signature Certificates
  • Director Identification Number
  • Certificate of Incorporation
  • Permanent Account Number
  • TAN
  • Memorandum of Association
  • Articles of Association
  • Government fees
  • 100% Money Back guarantee
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Documents Required


 

Only Scanned Copies are needed, Scanned copy of PAN Card of all directors and Aadhar card/ Voter ID/ Passport/ Driving

Idproof

Pan Card OR Passport Or Election ID Proof

Scanned copy of PAN Card of all directors and Aadhar card/ Voter ID/ Passport/ Driving License

Location

Latest Bank Statement

Latest Bank statement/ Utility bill in the name of director which should not be older than two months

Photo

Photo

Latest passport size photograph

Office

Voter ID/Passport/Driver's License

Scanned copy of Any of all these.

Idproof

Any Utility Bills

Scanned copy of PAN Card of all directors and Aadhar card/ Voter ID/ Passport/ Driving License

Location

Rent Agreement

Scan copy of Rent agreement with NOC from owner

Location

Signature

Scan copy of Signature(Signature must be same as on PAN CARD)

How long does it take?

15-20 DAYS

 

Mandatory Requirement for Nidhi Company Registration


 
Idproof

Minimum 7 shareholders

Location

Minimum 3 Directors

Photo

Minimum Capital of Rs. 10 lacs

Office

DIN for all directors

 

Minimum Requirements After Registration


 
Idproof

Minimum number of 200 Members (in 12 Months )

Location

Net owned fund must be Rs. 10 Lakh and above

Photo

Unencumbered deposits of not less than 10% of the outstanding deposits

 

Advantages Of Nidhi Or Section 8 Company


 
Limited RBI Regulations

Limited RBI Regulations

Owing to their non-dealing with the funds of any person other than their members, the regulations imposed upon the Nidhi’s by RBI is limited. These companies follow the Nidhi Rules, 2014 issued by the center in respect of the activities and workings of Nidhi Companies.

Sickness Benefit

Limited Capital Requirement

The Ministry of Corporate Affairs has done away with the minimum capital requirement of INR 5 Lakhs for Nidhis. It is only after Nidhi Rules, 2014, that mandated the infusion of INR 10 lakhs for such companies.

Disablement Benefit

Ease of formation

Unlike other NBFCs, Nidhis don’t have to obtain a license from RBI. They just have to incorporate themselves as a public company with the MCA, infuse the required amount of capital as per Nidhi Rules, 2014 and they are all set to go.

the_lower_rate_of_credit

The lower rate of credit

The loans given to the members are at a lower rate of interest than the market rate. This brings greater savings to the members.

No intervention

No outsider intervention

The Nidhi companies are formed by, managed by, and provide benefits to their members only. The outsider is not allowed to intervene in the working of the Nidhis, neither allowed to deposit money or avail credit from these companies.

 

Compare your options


 
Private Limited Limited Liability Partnership One Person Company Partnership Firm Sole Proprietorship Public Limited Company
Recommended For Start-ups and growing companies Professional services firms Sole promoters Home businesses Small traders and manufacturers Growth Stage and also for early stage with broad business vision
Ease of Accommodating Investment Very easy to accommodate Possible, but unlikely Possible, but severely unlikely Almost impossible Impossible Very easily
Limited Liability Protection Yes Yes Yes No No Yes
Tax Advantages Few benefits Most efficient Few benefits Minimal Minimal Minimal
Perpetual Existence Yes Yes Yes No No Yes
Statutory Compliances High Low High Minimal Minimal Yes
Shares Listing Yes

Any Question?
Call us on +91-77038-33927

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